Introduction
The Masters Tournament is one of the most prestigious golf tournaments in the world. It has been around since 1934 and is held annually at Augusta National Golf Club in Georgia. As such, it attracts some of the best golfers from around the world who compete for the coveted green jacket. But aside from the prestige that comes with winning the tournament, there is also a substantial amount of prize money up for grabs.
Breakdown of the Prize Money for Masters Champions
So how much does a Masters winner take home? According to the PGA Tour, the total purse for the 2020 Masters was $11.5 million, with the winner receiving a total of $2.07 million. This is an increase of more than $100,000 compared to the 2019 Masters, when the winner took home $1.98 million.
How Much Do Masters Champs Earn?
Aside from the base prize money, Masters champions also receive additional financial rewards. For instance, they are given a lifetime exemption to play in the Masters, which means they don’t have to worry about qualifying for the tournament each year. They also receive invitations to other PGA Tour events, such as the Players Championship and the PGA Championship. Furthermore, they are often offered endorsement deals from sponsors, which can bring in even more money.
In addition, Masters champions are often eligible for bonus payouts from their sponsors. For example, former Masters champion Tiger Woods earned an estimated $20 million in bonus money from Nike after his win in 1997. Other players have also received similar bonuses from their sponsors following their Masters victory.
Conclusion
Winning the Masters is a huge accomplishment and comes with a significant amount of financial reward. The total prize money for the 2020 Masters was $11.5 million, with the winner taking home $2.07 million. On top of that, Masters champions can receive additional financial rewards through endorsements, bonuses, and invitations to other PGA Tour events. All in all, Masters champions can earn a substantial amount of money.
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