It’s a good day to be a PGA Tour player — and a really good day to be Tiger Woods.
The Telegraph is reporting that players are receiving the money they earned by not bolting for LIV Golf and accepting the huge offers that were being made by the rival league.
Woods received the biggest payday at $100 million, with Rory McIlroy coming in at around $50 million.
The funds were made available after a group of investors led by Fenway Sports, which also included Mets owner Steve Cohen, infused $1.5 billion into PGA Tour Enterprises in January.
In total, approximately $1 billion will be split — unevenly — between 193 golfers, according to The Telegraph.
How much a player gets is determined by career-long achievements, which is why Woods is getting paid so handsomely.
The Telegraph noted that the PGA Tour and commissioner Jay Monahan “have been at pains” to try to keep the financial breakdown under wraps, as it naturally could cause frustration from players receiving far less than the top group.
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Author: Marty Kaufmann
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