Golf professionals are considered to be one of the highest-paid athletes around the world. With that in mind, there is no doubt how high the amount of money they earn in the whole year. On the other hand, different golfers have a different range of salaries. Their earnings will depend on their ability and skills, their tournament placing, and the products they endorse (if any).
The performance of a professional golfer greatly affects his salary. If you will ace the championship title of the tournament, expect that you will receive the largest amount of payment. Otherwise, you will not receive any amount.
Every PGA tournament has an allotted amount of money divided to pay those players who reach the finish line. For instance, the Masters’ tournament has 11.5 million US Dollars allotted money, while the US Open has 12 million US Dollars.
The prize that every professional golfer can get will be affected by the PGA decision, who will award the money for the winners of every position. The winner of the Masters’ Tournament can get a total of 18 percent of the overall purse, which is 2,070,000 US Dollars.
The remaining winning positions will receive 10.8 percent5, 6.8 percent, 4.8 percent, 4 percent, 3.6 percent, 3.35 percent, 3.1 percent, 2.9 percent down to 2.7 percent.
Another factor that affects the prize of a professional golfer is his product endorsements. Even though the money you can earn from your endorsement does not come from the purse of the tournament, they are still connected with each other. This is because highly successful professional golfers are more popular. This means that they have the highest paying and biggest endorsements.
The product endorsements are not only limited to golf clothing and equipment. Professional or less popular golfers can be an endorser of any product. Tiger Woods, for instance, is a professional golfer who becomes an endorser of different products. From 2018, he had seven product endorsements, namely Hero motor group, which is a motorcycle-based product in India, Upper deck, which are about sports collectibles and cards, Kowa, which is a pharmaceutical product. These also include Full Swing, Bridgestone Golf, TaylorMade Golf, and Nike Golf.
As we mentioned earlier, the amount of prize a professional golfer can get depends on different factors, including their skills and the event they are playing. Some people think that golfers are getting too much payment. But, considering that they went through a lot of practices and exerted time and effort, it is fair to say that they deserve it. They have an incredible commitment and dedication to the profession they take.
Aside from the golfer’s skills and abilities, product endorsements also play an important role in determining the exact prize amount a golfer can get. Their ability to resist temptation and focus on their game is a special skill only rare people have.