British Open 2024: Champion Golfer of the Year to receive record amount from largest purse

“We remain concerned about the impact substantial increases in men’s professional prize money are having on the perception of the sport and its long-term financial sustainability”

TROON, Scotland — The winner of The 152nd British Open at Royal Troon will receive $3.1 million in prize money, the R&A announced on Monday.

The Champion Golfer of the Year will bank the highest amount in Open history as it returns to the renowned Ayrshire links for the 10th time.

The R&A announced that the total prize fund will be $17 million, a $500,000 increase on 2023.

“The R&A has a responsibility to strike a balance between maintaining the Open’s position in the global game, providing the funds required for governance and developing amateur and recreational golf in 146 countries internationally,” Martin Slumbers, CEO of The R&A, said in a press release.“We have to make choices if we want to continue to build on the significant growth in participation that is essential for golf’s future.”

Slumbers, who steps down from his position after a decade on the job later this year, noted that the rapid purse increase in the last few years can’t continued unabated.

“We remain concerned about the impact substantial increases in men’s professional prize money are having on the perception of the sport and its long-term financial sustainability,” he said. “We are determined to act with the interests of the global game in mind as we pursue our goal of ensuring golf continues to thrive in 50 years’ time.”

Prize money

Place USD Place USD
1 $3,100,000 36 $88,700
2 $1,759,000 37 $84,600
3 $1,128,000 38 $80,300
4 $876,000 39 $77,400
5 $705,000 40 $74,900
6 $611,000 41 $71,800
7 $525,000 42 $68,300
8 $442,500 43 $65,200
9 $388,000 44 $61,500
10 $350,600 45 $58,000
11 $319,200 46 $55,000
12 $282,800 47 $52,800
13 $266,000 48 $50,700
14 $249,000 49 $48,400
15 $231,000 50 $47,200
16 $212,700 51 $46,200
17 $202,400 52 $45,400
18 $193,000 53 $44,700
19 $184,900 54 $44,000
20 $176,200 55 $43,300
21 $168,000 56 $42,700
22 $159,600 57 $42,300
23 $151,000 58 $42,000
24 $142,600 59 $41,700
25 $137,800 60 $41,400
26 $131,800 61 $41,200
27 $127,000 62 $41,000
28 $122,600 63 $40,800
29 $117,300 64 $40,600
30 $111,200 65 $40,300
31 $107,600 66 $40,000
32 $102,100 67 $39,700
33 $98,500 68 $39,400
34 $95,700 69 $39,100
35 $92,400 70 $38,900

Prize money shall be allocated only to professional golfers.

Players finishing solo 32 and better shall earn six figures for their week’s work. If more than 70 professional golfers qualify for the final two rounds, additional prize money will be added. Prize money will decrease by $125 per qualifying place above 70 to a minimum of $37,650.

Players who miss the cut after two rounds won’t go home empty-handed: Leading 10 professional golfers and ties will receive $12,350; the next 20 professional golfers and ties $10,300; remainder of professional golfers and ties $8,750.