The 65th Korea Open Prize Money 500 Million Won... 'The Largest Prize Money in Korea'

Last Year 450 Million KRW → This Year 500 Million KRW Increase
Existing Tournament Total Prize Money 20%, Korean Open 35.7%

This year, the winner of the Korea Open will receive 500 million KRW. It is the largest prize money for a domestic golf victory.

Kolon, the organizer of the 65th Korea Open, announced on the 14th that "the total prize money and the winner's prize money have each been increased by 50 million KRW compared to last year." The total prize money is 1.4 billion KRW, and the winner's prize money is an impressive 500 million KRW. This is the first time that the winner's prize money in a Korean professional golf tournament has exceeded 500 million KRW. Kolon explained, "The winner's prize money was significantly increased to reflect the highest honor befitting the tournament's prestige."

Kim Min-gyu is smiling brightly while holding the trophy right after winning the Korea Open last year.

The winner's prize money in the Korean Professional Golf Association (KPGA) Korean Tour is around 20% of the total prize money. The Korean Tour Woori Financial Championship, KPGA Championship, and Genesis Championship each have a total prize money of 1.5 billion KRW, which is 100 million KRW more than the Korea Open, but their winner's prize money is 300 million KRW. The Korea Open, organized by the Korea Golf Association (KGA), allocated 33.3% of the total prize money to the winner's prize last year, and this year it has increased to 35.7%.

This year's Korea Open will be held for four days starting from the 22nd at Woojeong Hills Country Club (par 71) in Cheonan, Chungnam. The Korea Open grants the winner and runner-up entry rights to The Open Championship and a five-year exemption on the Korean Tour. The defending champion is Kim Min-kyu. Last year, he tied with Cho Min-kyu and won by one stroke in a ‘three-hole playoff’ resumed from holes 16 to 18.

This content was produced with the assistance of AI translation services.