LIV Golf pressures and further investment help boost Open Championship 2022 prize money

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 89%

Business News News

Business Business Latest News,Business Business Headlines

Prize money at the Open Championship has jumped 22 percent in 2022 as McIlroy, Hovland and co chase £2.11m paycheque

This weekend the world’s best golfers – including LIV players – are at St Andrews battling it out for perhaps the most coveted prize in this sport: the Claret Jug.at the 18th hole, to Ian Poulter being booed and Viktor Hovland’s magnificent eagle.

The Open fee has been paid in US dollars since 2016, so this year’s overall prize money is actually $14m. And it is LIV Golf’s presence that has triggered the recent PGA hikes. “We have made this substantial investment while balancing our wider commitments to developing golf at all levels around the world and to continuing to elevate the AIG Women’s Open.”$2bn Saudi Arabian-funded venture“The existing golf ecosystem has successfully provided stable pathways for golfers to enter the sport and develop and realise their full potential,” Slumbers said. “Professional golfers are entitled to choose where they want to play and to accept the prize money that’s offered to them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines