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I think when the players enter they have to pay a fee. So they use the money from the fees to derermine the prize money. They probally also have people that donate money and sponsers that give money.
Wiki User
∙ 15y ago
Wiki User
∙ 11y agoThe winner usually receives about 10% of the total purse. The runner up usually gets about 5% of the total purse. The rest is distributed on down the leader board. If there are ties at any spot the prize money for those positions is pooled and split. For example, if 7 players are tied at 3rd place, the prize money from 3rd to 9th place is pooled and split evenly between all 7 players.
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What are the prizes offered in the ASP World Tour?
Money is the prize offered in the ASP World Tour. The top prize money varies between events but often the highest prize is $10,000 though it is sometimes over $20,000.
What is the average first place prize money for the pga champions tour senior?
$400000
How much prize money does the winner of the ATP World Tour Finals get?
$US 4450000
What is the average PGA tour prize money for last place?
well obviously if you are in last place, you don't make the cut! but if you made the cut and you are in last place, then you get about 1,000 dollars.
What is a PGA tour teaching badge?
A tour badge is a credential that allows the players and ther cadies access to the private areas at a tournament. It usually looks like a money clip that is worn by most players on their belts or hats. He tournament has its own badge design for each year.
Which was the first grand slam tournament to offer equal prize money to women and men?
According to the WTA website (refer to the link below): "1973 - Billie Jean King founded the Women's Tennis Association, uniting all of women's professional tennis in one tour. The WTA was borne out of a meeting held in a room at the Gloucester Hotel in London the week before Wimbledon; the US Open, for the first time, offered equal prize money to the men and women."
What is the golf tournament known as the PGA Tour?
Follow the link below for detailed information about the PGA Tour.
How do you join Canadian golf tour?
In order to get on the Canadian golf tour you must first enter into a Canadian open tournament. If you win, you get a tour card with one year exemption. Another way is to plac top 10 in 3 consecutive tournaments.
What is the location of the most recent tournament on the nationwide tour?
Midland, Texas
How much money does Tiger Woods make for each tournament he wins?
Tiger Woods makes an appearance fee for each tourney, which he receives no matter what happens. If he misses the cut, he still makes between $500,000-$1,000,000, depending on the sponsors and the tourney. Then he also wins purse money, which also depends on the tourney. Suffice it to say that he makes more money just by showing up, regardless of anything else, than most people make in a calender year. Additional note:Tiger Woods only receives an appearance fee for a non PGA Tour event, e.g., when he plays in Dubai, Asia, or Australia. The PGA Tour does not pay fees to PGA Tour members. His endorsement money represents 95% of his income. In 2008, he made over $100 million, but only $5 million of that came from PGA Tour earnings.
Nationwide golf tournament schedule for 2009?
See Nationwide Tour website.
Who won 1 tournament in nearly thirty years on the PGA tour and then seven in his rookie year on the senior tour?
Jim colbert
