PGATour commissioner Jay Monahan announced a comprehensive player compensation plan Wednesday, the latest step in the Tour's effort to ward off the Saudi Arabia-backed LIVGolf Series.
The PIP rankings will go from 10 to 20 players and earnings from $50 million to $100 million, retroactive to this season.
"I care deeply about our sport, its history, its legacy, the integrity of the game," he said at East Lake."A lot of players out here who are like-minded and share those views. For the first time in a long time, we all sat down and said, 'let's try to be business partners. How can we pull together to benefit everyone and help the Tour. All of those players bought into the vision and that has culminated in some of the announcements made today.
"This is a remarkable time for the Tour," Monahan said."We have and always will be the ultimate platform for a player who wants to compete for the trophies and the titles that matter most. To now have our top players rally around this organization and commit to a portfolio of tournaments like never before, I think our fans, our partners, our players are going to love it. I promise you, there's more to come.
Monahan said the top players also will commit to three additional Tour events. The overall increase for purses for the 2022-23 FedEx Cup season will be about $46 million.
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