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PGA Championship joins other majors in $20M club

By Thomson Reuters May 16, 2026 | 10:02 AM

The PGA Championship increased this year’s purse to $20.5 million, with $3.69 million going to the champion on Sunday.

The PGA of America announced ​the boost in prize money Saturday at ‌Aronimink Golf Club in Newtown Square, Pa., site of the 108th PGA Championship.

The tournament joins the Masters ($22.5 million in 2026) and the U.S. Open ($21.5 million in 2025) in the $20 million ‌club ​among Grand Slam events. The ⁠Open Championship’s purse was $17 ⁠million last year.

The PGA Championship’s total prize money in 2025 was $19 million, which was less than the $20 million for the PGA Tour’s signature events. ​The purse still trails the $25 million for The Players Championship.

“We’re really focused on all aspects of ⁠how do we improve ⁠and continue to look at improvement at ​the assets we have, including PGA Championships,” PGA of ​America CEO Terry Clark said earlier this week. “This ‌is a really important one. Obviously, it’s something we look at every year. It’s not always in comparison to all of those (other majors and signature ⁠events). It’s what are the factors that make sense?”

Scottie Scheffler took home a $3.42 million winner’s check after winning the ⁠Wanamaker Trophy ‌at last year’s PGA Championship at ⁠Quail Hollow Golf Club in Charlotte, ​N.C.

Sunday’s second-place ‌finisher will win about $2.2 million, with ​about $1.4 million ⁠going to third place. Each of the top-20 finishers will earn at least $252,000. The golfer who finishes last among the 82 who made the cut will receive $23,900, while those who missed the cut will ​get $4,300.

–Field Level Media