Friday, February 23, 2024

2024 WM Phoenix Open: Prize Money Breakdown and Winner’s Payout

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As per expectations, since its onset, the 2024 WM Phoenix has taken center stage in the golf world. Continuing the curse of bad weather following the AT&T Pebble Beach Pro-Am, the weather situation at the People’s Open has also been a matter of concern. The bizarre fan behavior is another matter of concern that has led to a temporary hurdle in the event’s functioning.

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Despite all of this, this event has many talented stars like Scottie Scheffler, Matt Fitzpatrick, An-Byeong Hun, and many others in its 132-player field. The lucrative incentives and prize money are helping in toning down the havoc that the aforementioned event has caused this year.

Significant reduction in 2024 WM Phoenix Open’s prize money

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There is a lot at stake at the TPC Scottsdale Stadium Course. The ‘People’s Open’ has a huge prize purse of $8.8 million. Further, 500 FedEx points are up for grabs. What’s more interesting is that, out of the hefty prize purse, the winner will earn a total of $1,584,000! That’s a lot of money, you may think. And it is, but there is a twist to the story.

Interestingly enough, the prize money this year for the event in Arizona has been decreased to more than half in comparison to last year. In 2023, the purse was as hefty as $20 million, and out of it, the defending champion, Scottie Scheffler, took $3.6 million home.

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Why so? Well, the famous professional golf tournament was part of the PGA Tour elevated season last year, however, that is not the case this year. Hence, the same is reflected in the prize money set aside for this year’s matchup.

This year, aside from the 500 FedEx points at stake, the winner will also receive 58 world-ranking points. Scheffler seems to be trying his best to do the unthinkable and win at the event for the third time in a row. Considering the lucrative incentives and the historical moment he might enjoy if he accomplishes this, we do understand why.

How will the prize money be distributed?

The top three players will get the biggest pieces of the $8.8 million prize money cake. However, they will not be the only ones enjoying the benefits. The full-field event will distribute the prize money among the top 65 players.

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This is how the prize money will be distributed:

Position

Prize Money

1st

$1,584,000

2nd

$959,200

3rd

$607,200

4th

$431,200

5th

$360,800

6th

$319,000

7th

$275,000

8th

$271,875

9th

$257,400

10th

$239,800

11th

$222,200

12th

$204,600

13th

$187,000

14th

$169,400

15th

$160,600

16th

$151,800

17th

$143,000

18th

$134,200

19th

$125,400

20th

$116,600

21st

$107,800

22nd

$99,000

23rd

$91,960

24th

$84,920

25th

$77,880

26th

$70,840

27th

$68,200

28th

$65,560

29th

$62,920

30th

$60,280

31st

$57,640

32nd

$55,000

33rd

$52,360

34th

$50,160

35th

$47,960

36th

$45,760

37th

$43,560

38th

$41,800

39th

$40,040

40th

$38,280

41st

$36,520

42nd

$34,760

43rd

$33,000

44th

$31,240

45th

$29,480

46th

$27,720

47th

$25,960

48th

$24,552

49th

$23,320

50th

$22,616

51st

$22,088

52nd

$21,560

53rd

$21,208

54th

$20,856

55th

$20,680

56th

$20,504

57th

$20,328

58th

$20,152

59th

$19,976

60th

$19,800

61st

$19,624

62nd

$19,448

63rd

$19,272

64th

$19,096

65th

$18,920

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What do you think about this prize money distribution? Share your views in the comments below.

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