Augusta National Announces This Year’s Prize Money
Increased by $3 Million... Record-Breaking ‘Daebak’

The 87th Masters Tournament is being held on the largest scale in history.


The Cloud Gallery is watching the Masters Round 3 even in heavy rain. [Augusta (USA) = EPA·Yonhap News]

The Cloud Gallery is watching the Masters Round 3 even in heavy rain. [Augusta (USA) = EPA·Yonhap News]

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Augusta National Golf Club, which hosts the Masters Tournament in the United States, announced the prize money for this year's tournament on the 8th (local time). The total prize money is $18 million (approximately 23.7 billion KRW), an increase of $3 million compared to last year's $15 million. The winner's prize has risen from the previous $2.7 million to $3.24 million (approximately 4.27 billion KRW). This is the largest total prize money in the history of the Masters, established in 1934. In the PGA Tour, the total prize money for The Players Championship, known as the "fifth major," is $25 million.



Unlike typical professional golf tournaments that decide the total prize money in advance, the Masters finalizes it after the third round based on revenue. The Masters has no title sponsor but has sufficient funds. Revenue from ticket sales, food and beverage, merchandise sales, and TV broadcasting rights approaches $130 million (approximately 171.4 billion KRW). After covering all expenses, $30 million (approximately 3.96 billion KRW) remains.


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