A Close Look At The 2024 Masters (Golf) Tournament Prize Money On Offer

After a long, long wait, the Masters Tournament is finally here. Traditionally, this competition is the first of the four men’s major golf championships. From PGA Tour points to prize money, a lot is at stake at the Masters Tournament 2024 (golf). However, let us look at the competition’s history before delving deep into the payouts for this year’s edition.

Held for the first time in 1934, the Masters Tournament is now in its 88th edition in 2024. The tournament is part of the Professional Golfers’ Association of America (PGA) Tour, the European Tour and the Japan Tour. It was originally known as the Augusta National Invitational Tournament before being rebranded to its modern iteration in 1939.

American golfer Horton Smith won the inaugural edition of the Masters Tournament (he also won the third edition in 1936). Jack Nicklaus, famously known as the ‘Golden Bear’, has the most titles to date with six wins. Golfing legend Tiger Woods ranks second on the list with five titles, followed by Arnold Palmer with four. Spanish golfer Jon Rahm is the defending champion heading to the 2024 edition.

Since 1949, the champions of the Masters Tournament are presented with a distinctive green jacket. But what is the significance of this coat? It is the official attire of the members of the Augusta National Golf Club, and the winners of the Masters Tournament automatically become honorary members of the club. However, the winners are allowed to keep their jackets for only a year, following which they have to return them to the club.

Now that you are well-versed in the history of the Masters Tournament, let us delve deep into the prize money pool for the 2024 edition, the schedule and venue for the golf contest, and more.

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Masters Tournament 2024 (golf) prize money breakdown

As is expected from a major golf competition, the Masters Tournament 2024 comes with a robust purse. But exactly how much does it have to offer in payouts? Let us find out.

According to reports, the total prize money pool for the Masters Tournament 2024 (Golf) stands at USD 18 million (around SGD 24 million). The amount is the same as last year.

From this prize money pot, the winner of the Masters Tournament 2024 (golf) will be rewarded with a sum of USD 3.24 million. On the other hand, the runners-up will pocket USD 1.94 million. The golfer who finishes at the third spot will take home USD 1.22 million.

Interestingly, the third-ranked Golfer at the Masters Tournament 2024 will be the last one to take a payout in excess of USD 1 million.

Masters Tournament 2024 (golf): Schedule, venue, field list

The Masters Tournament 2024 will commence on Thursday, 11 April and conclude on Sunday, 14 April. Like every year, the competition will be played at the Augusta National Golf Club, a private golf course in the Georgian city of Augusta.

A host of stars will be seen partaking in the Masters Tournament 2024. The field list includes the likes of Wyndham Clark, Eric Cole, Nick Dunlap, Tommy Fleetwood, Brian Harman, Brooks Koepka, Rory McIlroy, Phil Mickelson, Jon Rahm and Justin Rose, among several others.

Where can you watch the Masters Tournament 2024?

The Masters Tournament 2024 will be available for live streaming on the official website of the event and on the Masters app, the global broadcasters of the golf competition.

(Main and Featured Images Credits: Masters.com) 

This story first appeared on Augustman Singapore

Frequently Asked Questions (FAQs)

– How can I watch the Masters Tournament 2024 (golf) matches live? 
You can live stream the Masters Tournament 2024 (golf) on its official website and the Masters App.

– Who are the best players to look out for at the Masters Tournament 2024 (Golf)? 
The star players to keep an eye out for at the Masters Tournament 2024 include the likes of Rory McIlroy, Brooks Koepka, Jon Rahm and Wyndham Clark.

– Are there spectator tickets available for the Masters Tournament (Golf) matches? 
No, all tickets for the Masters Tournament 2024 have been allocated.

– Which player has the highest wins at the Masters Tournament (golf)?
Jack Nicklaus has the most wins at the Masters Tournament (golf) with six titles.

– What are the perks other than the prize money on offer for the Masters Tournament (golf) winners? 
Besides prize money, the winner of the Masters Tournament will receive PGA Tour points and a signature green jacket.