Tag: Purse

Former Alabama golfer, Lee Hodges, earns first PGA Tour victory

Former Alabama golfer Lee Hodges earns first PGA Tour win at 3M Open at TPC Twin Cities in Minnesota

Former Alabama golfer, Lee Hodges, earned his first win on the PGA Tour Sunday after beating the field by seven strokes at the 3M Open at TPC Twin Cities in Blaine, Minnesota. The 28-year-old Hodges led the tournament wire to wire after shooting a remarkable 24 under par over the course of the weekend.

Hodges is one of seven former Crimson Tide golfers to be on the PGA Tour with the group being headlined by Justin Thomas. The purse for the Open was $7.8 million. His career winnings on the tour are $3.6 million.

Hodges joined the Tour in 2022 with the 3M Open this weekend being his 65th career event and only his second top-five finish. Hodges was born and raised in Ardmore, Alabama.

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How would you spend $3.15 million after winning the U.S. Open? We asked the fans.

Fans had varying answers to the $3.15 million question.

The 122nd U.S. Open at The Country Club in Brookline, Massachusetts has a record purse of $17.5 million, the largest in major championship history.

First place will take home $3,150,000, which is nearly a million more than last year’s payout when Jon Rahm took home $2,250,000.

Whether you’re a professional player or a fan outside the ropes, this amount of money can change anyone’s life. We asked fans what they would do if they won the $3,150,000 on Instagram, and their answers varied.

Take a look at some of their colorful answers from quitting their jobs, traveling the world or buying… bananas?

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How much money goes to the Belmont Stakes winner and what’s the purse?

Here’s how the $1.5 million purse will be divided up.

The third and final leg of horse racing’s triple crown, the 2022 Belmont Stakes wraps up what’s been an undeniably wild spring at the track.

First it was Rich Strike pulling off an 80-1 upset at the Kentucky Derby. Then the thoroughbred withdrew from the Preakness Stakes as Early Voting gave trainer Chad Brown his second victory at Pimlico.

Rich Strike finally drew back into the field on Saturday in Elmont, New York—but now Early Voting is sitting out the event.

Even without a showdown between the two Derby and Preakness winners, there’s plenty on the line at the Belmont. That includes a purse totaling $1.5 million.

Here’s how it breaks down:

2022 Belmont Stakes Payouts

  1. $800,000
  2. $280,000
  3. $150,000
  4. $100,000
  5. $60,000

Updated odds for the 2022 Belmont can be found here.

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Korn Ferry Tour to significantly increase purses, with a $1 million minimum by 2023

The Korn Ferry Tour will significantly increase its purses over the next two years, with a $1 million minimum for all events by 2023.

On Tuesday the Korn Ferry Tour announced it would significantly increase its purses over the next two seasons.

How significant, you ask? Each event will feature a purse of at least $1 million by 2023.

The minimum figure for Korn Ferry Tour regular-season purses will increase by $150,000 to $750,000 in 2022. In 2023, the minimum will rise another $250,000 to $1 million, a 66.7 percent increase over two years.

The 2021 Pinnacle Bank Championship, the tour’s regular season finale at The Club at Indian Creek in Omaha, Nebraska, will see its purse increase by $100,000 to $850,000 in 2022 and another $400,000 to $1.25 million in 2023, another 66.7 percent increase.

Each of the three events in the Korn Ferry Tour Finals currently features a $1 million purse this season. In 2023, the purse for all three will increase to $1.5 million.

“The Korn Ferry Tour continues to play a massive role in delivering a pipeline of future stars to the PGA Tour on a consistent basis. Today’s announcement is another step in ensuring the Tour will continue to attract the best young talent while providing higher-quality playing opportunities for the entire membership,” said Korn Ferry Tour President Alex Baldwin.

The purse increases were originally planned for 2021 after being approved by the Policy Board at the March 2020 meeting, but were delayed due to the COVID-19 pandemic.

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