The world of golf focuses its attention on Royal Troon for the 152nd edition of The Open as the DP World Tour remains in Scotland for a second consecutive week.
After a thrilling finish to the Genesis Scottish Open at The Renaissance Club which saw Robert MacIntyre win his national Open, all eyes turn to the final Major Championship of the year.
On Monday, the R&A announced that the total prize fund for this year’s Open Championship, will be USD 17 million, a USD 500,000 increase on 2023 at Royal Liverpool.
The Champion Golfer of the Year will receive $3.1m (2.38m) - the highest amount in The Open’s history as it returns to the renowned Ayrshire links for the tenth time.
Martin Slumbers, CEO of The R&A, expressed concerns that continued rises in prize funds at elite events could become unsustainable and warned about its impact on the perception of the sport.
“The R&A has a responsibility to strike a balance between maintaining The Open’s position in the global game, providing the funds required for governance and developing amateur and recreational golf in 146 countries internationally,” he said.
“We have to make choices if we want to continue to build on the significant growth in participation that is essential for golf’s future.
“We remain concerned about the impact substantial increases in men’s professional prize money are having on the perception of the sport and its long-term financial sustainability. We are determined to act with the interests of the global game in mind as we pursue our goal of ensuring golf continues to thrive in 50 years’ time.”
If more than 70 professional golfers qualify for the final two rounds, additional prize money will be added. Prize money will decrease by USD 125 per qualifying place above 70 to a minimum of USD 37,650.
Check out the full prize fund breakdown for the 2024 Open Championship below:
Winner: $3,100,000
2: $1,759,000
3: $1,128,000
4: $876,000
5: $705,500
6: $611,000
7: $525,000
8: $442,500
9: $388,000
10: $350,600
11: $319,200
12: $282,800
13: $266,000
14: $249,000
15: $231,000
16: $212,700
17: $202,400
18: $193,000
19: $184,900
20: $176,200
21: $168,000
22: $159,600
23: $146,700
24: $142,600
25: $137,800
26: $131,800
27: $127,000
28: $122,600
29: $117,300
30: $111,200
31: $107,600
32: $102,100
33: $98,500
34: $95,700
35: $92,800
36: $86,200
37: $82,200
38: $78,000
39: $75,200
40: $72,800
41: $69,800
42: $66,400
43: $63,400
44: $59,800
45: $56,400
46: $53,400
47: $52,800
48: $50,700
49: $48,400
50: $47,200
51: $46,200
52: $45,400
53: $44,700
54: $44,000
55: $43,300
56: $42,700
57: $42,300
58: $42,000
59: $41,700
60: $41,400
61: $41,200
62: $41,000
63: $40,800
64: $40,600
65: $40,300
66: $40,000
67: $39,700
68: $39,400
69: $39,100
70: $38,900