Scottie Scheffler claims a monumental $3.6 million from the 2024 masters, marking an unprecedented payout in golf’s prestigious event.
The Masters Tournament at Augusta National has once again set a new standard in golf by raising its total purse to a staggering $20 million for the 2024 competition. This adjustment represents a significant increase from the previous year, reflecting the tournament’s ongoing growth and prestige.
American golfer Scottie Scheffler emerged as the champion, securing a record payout of $3.6 million. This remarkable sum surpasses last year’s prize by $360,000, demonstrating the tournament’s increasing financial reward for top performers. Scheffler, who also clinched the title in 2022 with a $2.7 million prize from a $15 million purse, continues to excel on one of golf’s biggest stages.
In contrast, the 2023 Masters saw John Rahm win, taking home $3.24 million, part of an $18 million total purse. The prize distribution is structured so that the remainder of the purse is allocated among the top 50 finishers. This year, the two runners-up each received $1.6 million, contributing to the three golfers who earned over a million dollars from their placement alone.
The announcement of the purse size, which is traditionally made during the tournament rather than in advance, underscores the event’s adherence to tradition coupled with its adaptation to modern competitive standards. The breakdown for this year’s purse includes substantial sums for the top finishers, ranging down to $50,400 for the 50th place. Golfers who did not make the top 50 cut receive descending amounts down to $49,200, though amateurs participate without financial compensation.
The first Masters, held in 1934, had a total purse of $5,000, with the winner receiving $1,500, highlighting the dramatic growth in the financial stakes of the tournament over the decades. This progression not only enhances the allure of the tournament but also significantly impacts the careers of participating golfers.
As the Masters continues to offer record-breaking purses, it remains a pinnacle of success and a lucrative aspiration for professional golfers worldwide. The financial incentives are matched only by the prestige of competing in one of the most revered tournaments in the sport.
