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The Real PGA Tour Money List for 2023: Rahm, Hovland, McIlroy & More

Scottie Scheffler topped the traditional money list, but that was before $75 million in FedEx Cup payouts — find out who’s truly No. 1 in 2022-23.

Entering the 2023 Tour Championship — the finale of the FedEx Cup Playoffs and by extension this year’s PGA Tour campaign — Scottie Scheffler was on the doorstep of golf history. Already the Tour’s record-holder for single-season tournament winnings at just over $21 million, he had a chance to score some serious style points and nearly double his financial haul.

Due to FedEx Cup regulations, his status as playoff points leader meant that he even got to start out the Tour Championship at Atlanta’s East Lake Golf Club at -10, two strokes ahead of the No. 2 competitor on the leaderboard.

When the dust had settled on Aug. 27, however, Scheffler finished just sixth, though he nonetheless earned a $2 million FedEx Cup payout that wasn’t so far off from the handsome $2.7 million he received for winning The Masters in 2022.

Viktor Hovland, meanwhile? The No. 3 money winner from the regular PGA Tour season increased his annual on-course earnings by an incredible 127% in outlasting the Tour Championship field and claiming the FedEx Cup’s eye-popping $18 million top prize.

That’s a lot to process, to say the least. So, what does the “real” year-end PGA Tour money list look like when a full $75 million in playoff bonuses gets factored in?

We went ahead and crunched the numbers for you — check out Boardroom’s full 2022-23 PGA Tour earnings rundown that combines the traditional money list with the final FedEx Cup payout numbers.

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Combined 2022-23 PGA Tour Money List Earnings & FedEx Cup Payouts

NOTE: Additional bonus money will be handed out to top players later this year when the PGA Tour announces the top finishers for its Player Impact Program, which seeks to rank the most popular golfers on the Tour regardless of tournament performance.

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2023 Earnings

Listing the total earnings for PGA golfers.

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Do PGA Tour Players Earn A Salary?

Many of them earn a small to large fortune but do they get a regular wage?

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The top golfers on the PGA Tour are amongst the highest paid athletes on the planet. On top of their tournament winnings, the biggest stars have lucrative sponsorship deals with golf manufacturers, automotive companies, banks, insurance firms, any corporation that wants to see their name on a hat on prime-time PGA Tour coverage.

In 2022, Scottie Scheffler topped the official PGA Tour money list, winning just over $14 million. Cameron Young in 10th place on the standings won $6.5 million. 126 players on the 2021/22 wrap-around PGA Tour circuit earned over $1 million in prize money. The Tour average was $1.6 million in winnings. 194 players won more than $250,000 and 218 players pocketed more than $100,000.

That might sound like a decent return, but if you take travel, accommodation and general living expenses into the equation, players making $100,000 in winnings alone might struggle to break even.

For the 2022/23 season, all exempt players on the PGA Tour are guaranteed $500,000 against earnings. But it’s not a salary. It’s a base level. Exempt PGA Tour players will receive $500,000 (rookies can claim it up front) and they only start to collect prize money when they earn more than that $500,000 base.

The key is though, if they don’t reach that $500,000 threshold, they don’t have to give the money back. So, PGA Tour players are guaranteed a base income of $500,000 per season.

Lower ranked players, for the first time this season, receive $5,000 in expenses when they miss a cut.

For this season, increased prize funds and “elevated events” mean even more money is on offer for PGA Tour players. There are 12 elevated events carrying a purse of $20 million and the Players Championship has a prize fund of $25 million. At time of writing Jon Rahm is leading the money list for 2022/23. He’s won almost $5 million from just four events.

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Player Impact Program

Tiger is always tough to beat on the Player Impact Program

The most influential players on the PGA Tour have a further financial incentive in the shape of the Player Impact Program (PIP). This year, the top 20 players who resonate most with fans and media, will share a pot of $100 million.

And then there’s PGA Tour pensions. They’re pretty much the best in sport and hundreds of ex PGA Tour players have multi-million-dollar pension pots to draw on.

How Do Earnings compare to LPGA Tour?

In terms of winnings, the prizes are still lower on the LPGA Tour. Lydia Ko headed the 2022 LPGA Tour money list with winnings of $4.4 million, almost $10 million less than Scottie Scheffler . Only 27 players won over $1 million through the season, some 100 fewer than on the PGA Tour.

Although prize money for women’s golf has increased in recent seasons, the gender pay gap remains one of the biggest in sport.

To answer the main question then, do PGA Tour players earn a salary? No, not exactly. But with the $500,000 guarantee for exempt players (before even considering sponsorship deals), they do pretty well for themselves.

Fergus is Golf Monthly's resident expert on the history of the game and has written extensively on that subject. He is a golf obsessive and 1-handicapper. Growing up in the North East of Scotland, golf runs through his veins and his passion for the sport was bolstered during his time at St Andrews university studying history. He went on to earn a post graduate diploma from the London School of Journalism. Fergus has worked for Golf Monthly since 2004 and has written two books on the game; "Great Golf Debates" together with Jezz Ellwood of Golf Monthly and the history section of "The Ultimate Golf Book" together with Neil Tappin , also of Golf Monthly. 

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Crunching the Numbers

The 5 most eye-opening takeaways from the final 2022-23 PGA Tour money list

It was once the standard that largely determined whether PGA Tour pros kept or lost their playing privileges for the following year. These days, however, the end-of-the-season money list exists so far in the shadow of the FedEx Cup, you’re hard pressed to find it on the tour’s website. But found it we did—you can see the final tally here —as the 2022-23 edition became official upon the conclusion of last week’s BMW Championship (the $75 million on the line at the Tour Championship is technically not prize money but rather FedEx Cup bonus dollars).

A look at the numbers motivated us to take the extra step of compiling data for the past 10 years, along with snapshots from 2003, 1993 and 1983. Comparing all the crazy cash provides a fascinating picture of how things have changed over the years—and really changed the last few seasons. Here are a few things that caught our eye.

Holy hell, Scottie Scheffler just won a lot of money

Scheffler, who never finished outside the top 11 in a single tournament before the Open Championship, was insanely good this year, and his outrageous skill earned him a figure that is almost garish: $21 million and change to top this year’s list. For context, prior to 2022, just one player had ever earned more than $10 million in a single season, and that was Jordan Spieth in his wonder year of 2015. Then in 2021-22, Scheffler broke every record by earning $14 million. Now he has lapped himself, and if he can pull out the FedEx Cup title this week, he'll claim another $18 million.

Mind you, this is about more than just success; the total money available to players this season on the PGA Tour exceeded $500 million for the first time, an increase of about $140 million last year alone. Scheffler was one of seven tour pros to earn eight figures this season (Jon Rahm was second on this year's money list with $16 million in earnings). So Scheffler's haul is a combination of great play and a rising tide.

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That rising tide is raising most ships

Among the top 125 on the PGA Tour money list in 2023, the average earnings were $3.79 million, an increase of almost a million dollars from 2022's $2.84 million. If you look at specific positions on the money list, too, Si Woo Kim's 30th-place haul of $5.38 million is a jump of $2.5 million from K.H. Lee's 30th-place money in 2022; Sam Ryder in 70th ($2.36 million) beat Matt Jones' 70th total ($1.91 million); and you have to go down to 125th before you find that Nico Echavarria's $951,000 just fell short of Charles Howell III's figure of $1.03 million last year. In all, the only thing that stayed relatively steady was the number of players making at least a million dollars. After a big jump in 2021 from 112 to 124 (not counting the shortened COVID year of 2020), it went up to 126 last year, and back to 124 in 2023.

The rich are definitely getting richer

To the tour's credit, the emphasis on designated events and increasing top prizes didn't materially affect the earnings of the players lower on the list, although it's also a fact that the lion's share of the gains went to the top players. To some extent, that's again because of great results; Scheffler making 172 percent more than 2021 top finisher Jon Rahm isn't just about higher purses. But incrementally the higher positions on the money list saw bigger gains, at No. 30, Si Woo Kim saw a 60-percent increase; Ryder saw a 21-percent increase at No. 70, and once you got down to No. 125, there was actually a decrease in earnings. Even when you look at 2013, the amount made by the 125th player, Kevin Chappell, wasn't that far behind today's 125 at $647,000. One of the main points of the changes implemented this year was to funnel dollars to the best players, in a model that's more representative of their worth to the tour, and that very much came to pass.

Warren Little

The prize increases at the top are outpacing inflation by a whole lot

In 1983, Hal Sutton was the top earner on tour, taking home $426,000. According to the Bureau of Labor Statistics , that would be about $1.38 million today … a sizable increase, but nowhere near the reality of Scheffler's $21 million haul. You don't have to look at a 40-year gap, either; Tiger Woods' total of $8.5 million in 2013 would be worth about $11 million today. Again, not very close. It's happening at the bottom, too; the tour average for players in the top 125 of $116,000 in 1983 would only be worth $360,000 today, not the $3.8 million tour pros averaged in 2022-23. Golf has become a far richer sport for its top athletes.

This is almost definitely the new normal

This is just simple math; a big part of the changes this year were a result of the tour trying to compete with LIV Golf. If for whatever reason the merger doesn't go through, they're still going to have to compete with LIV Golf, and if it does go through, they'll have the assets of the PIF at their disposal. There's no scenario barring some kind of economic depression in which this very expensive toothpaste goes back in the tube. If anything, you'd expect it to go up.

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These are the top 20 money winners in pga tour champions history, share this article.

In 1978, the first Legends of Golf was held at Onion Creek Country Club in Austin, Texas.

Two years later, the Senior PGA Tour had its first two official tournaments. Don January and Arnold Palmer won those first events.

From there, the circuit grew and in 1990, Lee Trevino became the first golfer to win $1 million in a season. In 2002, the tour was rebranded as the Champions Tour. In 2015, it took on its current name, the PGA Tour Champions.

Bernhard Langer became the winningest golfer in Champions history in 2023 when he got to No. 46, breaking a mark long held by Hale Irwin. Langer is also the top money-winner all-time on the tour.

He’s one of three players to reach the $20 million mark. Six players on this list have surpassed the $15 million mark. There are 31 at $10 million.

As you make your way through this list, keep in mind:

• Gary Player is 90th all-time with $6,049,029
• Jack Nicklaus ranks 147th with $3,372,207
• Arnold Palmer is 211th with $1,765,795

There are 649 names listed in all, with Mike Balliet bringing up the rear with $736 in career tour earnings.

Check out this list of the all-time money winners on the PGA Tour Champions. Updated through the 2023 Charles Schwab Cup Championship. Source: PGATour.com .

20 Colin Montgomerie - $12,414,158

Colin Montgomerie during the second round of the 2023 Charles Schwab Cup Championship at Phoenix Country Club in Phoenix. (Photo: Joe Rondone/The Arizona Republic)

19 Jerry Kelly - $12,643,336

Jerry Kelly plays his tee shot on the third hole during the first round of the 2023 Charles Schwab Cup Championship at the Phoenix Country Club in Phoenix. (Photo: Joe Rondone/The Arizona Republic)

18 Jeff Sluman - $12,756,878

Jeff Sluman hits his tee shot on the ninth hole of the 2020 Charles Schwab Series at Bass Pro Shops Big Cedar Lodge at Buffalo Ridge. (Photo: Stacy Revere/Getty Images)

17 Fred Funk - $12,835,740

Fred Funk at the PGA Tour Champions Regions Tradition.

16 Fred Couples - $13,280,234

Fred Couples poses with the trophy after winning the 2022 SAS Championship at Prestonwood Country Club in Cary, North Carolina. (Photo: Eakin Howard/Getty Images)

15 Allen Doyle - $13,401,250

Allen Doyle works on the driving range during a practice round for the U.S. Senior Open on July 4, 2007, at Whistling Straits in Haven, Wisconsin. (Photo: Morry Gash/Associated Press)

14 Tom Lehman - $13,485,412

Tom Lehman and his son Thomas at the 2020 Charles Schwab Cup Championship. (Photo: Elise Tallent/PGA Tour Champions)

13 Loren Roberts - $13,642,664

Loren Roberts at the 74th Senior PGA Championship at Bellerive Country Club on May 25, 2013, in St. Louis. (Photo: Scott Kane-USA TODAY Sports)

12 Tom Jenkins - $13,821,866

Tom Jenkins watches his drive on the tenth hole during the opening round of the 2006 U.S. Senior Open Championship at Prairie Dunes Country Club in Hutchinson, Kansas. Photo by Larry Smith/Associated Press

11 Jim Thorpe - $13,936,083

Jim Thorpe won 13 times on the PGA Tour Champions, including the Charles Schwab Cup Championship three times. (Photo: Golfweek)

10 Miguel Angel Jimenez - $14,031,144

Miguel Angel Jimenez poses with the conquistador helmet after winning the 2022 Cologuard Classic at Omni Tucson National. (Photo: Todd Kelly/Golfweek)

9 Larry Nelson - $14,637,172

Larry Nelson at the PNC Father/Son Challenge Pro-Am at The Ritz Carlton Golf Club of Orlando. (Photo: USA TODAY Sports)

8 Bruce Fleisher - $14,878,986

Bruce Fleischer hits out of a trap on to the green on the 2nd hole at the 29th U.S. Senior Open Championship at the Broadmoor in Colorado Springs, Colorado, on Thursday, July 31, 2008. (Photo: David Zalubowski/Associated Press)

7 Dana Quigley - $14,898,463

Dana Quigley never won on the PGA Tour but has 11 PGA Tour Champions victories. (Photo: USA TODAY)

6 Tom Watson - $15,074,227

Tom Watson walks alongside his caddie Neil Oxman during round three of the 138th Open Championship on the Ailsa Course, Turnberry Golf Club on July 18, 2009 in Turnberry, Scotland. (Photo: David Cannon/Getty Images)

5 Tom Kite - $16,303,747

Tom Kite has 19 PGA Tour victories and 10 PGA Tour Champions wins. (Photo: USA TODAY)

4 Jay Haas - $19,898,030

Jay Haas at the Champions tour’s Greater Hickory Kia Classic.

3 Gil Morgan - $20,631,930

Gil Morgan tees off on the seventh hole during the first round of the Champions tour on Friday, August 3, 2012 in Blaine, Minnesota. (Photo: Getty Images)

2 Hale Irwin - $27,158,515

Hale Irwin hits his tee ball at No. 1 during the first round of the Father/Son Challenge at the Ritz-Carlton Golf Club in Orlando. (Photo: Getty Images)

1 Bernhard Langer - $35,989,514

Bernhard Langer conducts an interview after winning his sixth Charles Schwab Cup at Phoenix Country Club on Nov. 14 2021. Photo by Allan Henry-USA TODAY Sports

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Where Scottie Scheffler Ranks In PGA Tour Money List After $8.5m Won In Last Two Weeks

W orld No.1 Scottie Scheffler produced a memorable final-round at The Players Championship , surging through the field with an eight-under-par 64 to become the first player to defend the PGA Tour’s flagship event.

With ‘only’ eight PGA Tour titles and one Major Championship title to his name, it’s perhaps a little too early to start making comparisons with the greats of the game, but there are signs that the 27-year-old is beginning to put a bit of daylight between himself and his nearest challengers.

The American, who was struggling with his putting last season , has played seven times on the PGA Tour this year, and has finished no worse than tied 17th. In his last five tournaments, he has not finished outside the top ten, and his last two have been stunning victories at the Arnold Palmer Invitational and The Players Championship.

Although Scheffler's motivation for winning trophies, not money, is fairly evident, his earnings over the last couple of weeks make for impressive reading.

Since joining the PGA Tour in 2020, Scheffler has banked approximately $53.5 million in prize money on the PGA Tour, nearly 16% of which has come in the last week, courtesy of back-to-back victories. Already this year, he’s accumulated just shy of $11 million in prize money – not bad for a non LIV Golf player.

What's The Most Prize Money Won In A PGA Tour Season?

Scheffler appears to have a license to print dollar bills, and is well on track to beat his own record of most official PGA Tour prize money earned in a single season, the $21,014,342 that he amassed in 2023, nearly $4.5 million more than Jon Rahm. 

Given the increase in prize money that has occurred over time, it’s difficult to compare one year with another, and to judge today’s great players with those from other eras but, for reference, Woods earned approximately $9 million in 2000, a year in which he won nine times, three of which were Major Championships. Scheffler has pocketed $8.5 million for winning his last two tournaments.

It’s no surprise, therefore, to see Scheffler climbing the career earnings list at a rapid rate. After his Players Championship success, he moved to number 14 on the all-time list, jumping above Rahm.

Who Has Won The Most Prize Money On The PGA Tour?

It’s really just loose change that separates him from Sergio Garcia in 13th spot, and by the end of the season, should he match 2023's earnings, he would comfortably move into the top 10.

It’s Woods that leads the way at the top of this list. The 15-time Major winner is the only player to have won more than $100 million in PGA Tour prize money – $120,954,766 to be exact; then comes Phil Mickelson ($96,572,310); Rory McIlroy ($80,893,763); Dustin Johnson ($75,417,837); and Jim Furyk ($71,507,269).

For further reference, Jack Nicklaus, arguably the game's greatest ever player, won $5.7 million in prize money on the PGA Tour, which ranks number 363 on the all-time list. 

Scheffler certainly won’t need to win anywhere near Woods’ 82 titles to top the list. However, it’s victories that Scheffler is chasing right now. How close will he get to Woods’ nine of 2000?

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2024 Valspar Championship money: Purse, payout breakdown, winner’s share

Keith Mitchell holds a two-shot lead heading into the final round of the Valspar Championship.

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Sunday could be a big day for Keith Mitchell. The 32-year-old took the lead at the Valspar Championship in dramatic fashion on Saturday, holing out from the fairway on the 18th hole for eagle to claim a two-shot advantage heading into the final round.

A win at Innisbrook’s Copperhead course would mark the second of Mitchell’s career, following his 2019 victory at the Honda Classic. And, it would come with a sweet payday: $1.512 million of an $8.4 million purse.

But Mitchell’s chasers aren’t going to make it easy for him. Two-time PGA Tour winner Mackenzie Hughes is only two shots back, and 11 other players are within four shots of Mitchell’s lead at 10 under, including Cameron Young and Brendon Todd (-7) and Adam Hadwin (-6).

Check out an entire purse breakdown for the 2024 Valspar Championship below.

2024 Valspar Championship money

Win: $1,512,000

2: $915,600

3: $579,600

4: $411,600

5: $344,400

6: $304,500

7: $283,500

8: $262,500

9: $245,700

10: $228,900

11: $212,100

12: $195,300

13: $178,500

14: $161,700

15: $153,300

16: $144,900

17: $136,500

18: $128,100

19: $119,700

20: $111,300

21: $102,900

22: $94,500

23: $87,780

24: $81,060

25: $74,340

26: $67,620

27: $65,100

28: $62,580

29: $60,060

30: $57,540

31: $55,020

32: $52,500

33: $49,980

34: $47,880

35: $45,780

36: $43,680

37: $41,580

38: $39,900

39: $38,220

40: $36,540

41: $34,860

42: $33,180

43: $31,500

44: $29,820

45: $28,140

46: $26,460

47: $24,780

48: $23,436

49: $22,260

50: $21,588

51: $21,084

52: $20,580

53: $20,244

54: $19,908

55: $19,740

56: $19,572

57: $19,404

58: $19,236

59: $19,068

60: $18,900

61: $18,732

62: $18,564

63: $18,396

64: $18,228

65: $18,060

66: $17,892

67: $17,724

68: $17,556

69: $17,388

70: $17,220

71: $17,052

72: $16,884

73: $16,716

74: $16,548

75: $16,380

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Who is the last PGA Tour player to win three straight tournaments?

When did we last see a player go back-to-back-to-back on the PGA Tour?

By Cody Williams | 10:48 AM EDT

Scottie Scheffler entered the week at the 2024 Houston Open with history as a real possibility. The No. 1-ranked golfer in the world teed it up at Memorial Park trying to win three straight tournaments on the PGA Tour , or at least three consecutive starts for Scheffler.

It got started at the Arnold Palmer Invitational and then continued with a win at THE PLAYERS Championship. Scheffler then took a week off at Valspar but came around to his home state of Texas to play at the Houston Open as his final prep for The Masters . And as you'd expect with how he's played -- and with the improvements since switching to the mallet putter -- he was tied for the 54-hole lead going into the final round.

How historic would three straight wins on the PGA Tour be and when was the last time it happened? We have you covered with who the last golfer to accomplish the feat was and a look back at the best winning streaks in PGA Tour history.

Who was the last player to win three straight PGA Tour tournaments?

Dustin Johnson in 2017 was the last PGA Tour player to win three consecutive starts on the PGA Tour. Fresh off his maiden major championship victory at the US Open the year prior, he started out early 2017 on a torrid tear, winning the then-Genesis Open. In his next start, he edged out Tommy Fleetwood at the WGC-Mexico Championship. He then completed his trifecta at the WGC-Dell Technologies Match Play, defeating Jon Rahm 1-up in the finals of the tournament at that event.

Of course, that run is most notably remembered for what happened after. In that form, Johnson was favored to win The Masters in April just two weeks after winning the Match Play event. However, the now-LIV Golf star reportedly fell down the stairs at a house in Augusta, forcing him to withdraw from The Masters.

Prior to Johnson, Rory McIlroy was the previous last golfer to win three straight starts and his might've been more impressive in 2014 as he reeled off a win at The Open Championship, then at the WGC Bridgestone Invitational, and then at the PGA Championship. That was, incidentally, his last major championship win.

It had been 10 years since a PGA Tour player had won three straight events they played before McIlroy as Vijay Singh was the last to do it prior to 2014, doing so in the 2004 season. Of course, before Singh, Tiger Woods accomplished the feat... twice, winning three straight in both 2000 and 2001.

Longest PGA Tour winning streaks ever

While winning three straight PGA Tour events is impressive enough, it's not even close to the longest consecutive streak of wins in golf on the biggest tour. That belongs to Byron Nelson, who won 11 straight starts back in 1945, a truly absurd feat. So let's take a look at the longest winning streaks in PGA Tour history with Nelson leading the way, even ahead of that Tiger Woods guy.

Perhaps the most incredible part of Nelson's 28-tournament winning streak is that it ended, only for him to promptly go on another run of four-straight wins. It's also no surprise that Tiger appears frequently on this list with separate streaks of seven, six, five, and two different three-tournament winning streaks. More incredibly, all but the five-event streak came within the span of 1999-2001.

As for other players to have won three straight events, it's a who's who list in golf history that includes Jack Nicklaus, Arnold Palmer, Gary Player, Tom Watson, Sam Snead, Jonnny Miller, Nick Price, David Duval and many more.

dark. Next. SL - Best golfer from every US state. The best golfer from every US state

1 st  •  Stephen Ames

1 st  •  Steven Alker

1 st  •  Bernhard Langer

1 st  •  Thomas Bjørn

1 st  •  Phil Mickelson