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PGA Tour American Express prize money: How much does the winner take home?
Ciku Njuguna
updated at April 12, 2023 at 8:27 PM
The PGA Tour for American Express is one of the most lucrative gold tournaments, attracting thousands of viewers. The tournament invites golfers who participate to win the top prize. One of the most asked questions about the event is the PGA Tour American Express prize money that winners take home.
Source: Getty Images
Over the years, the prize money for the American Express golf tournament has increased significantly. Winners of the 2023 edition took home more than what previous champions pocketed. Therefore, we have compiled the PGA American Express money list to help you know what each golfer gets in the tournament.
American Express PGA prize money
The prize money for American Express golf tournament in 2023 stood at $8 million. Golfers get paid money depending on how they perform. In 2022, the overall prize money payout was $7.6 million.
Who pays prize money on PGA Tour?
The PGA Tour is a non-profit organization. According to sources, television rights provide 60% of each tournament's purse, while the other 40% comes from event sponsors.
Source: Getty Images
Past sponsors
The tournament has had many sponsors since its inception in 1960. Here is a list of past and current sponsors.
Sponsor | Year |
Palm Springs Desert Classic | 1960 |
Palm Springs Golf Classic | 1961-1964 |
Bob Hope Desert Classic | 1965-1983, 1984-1985 |
Bob Hope Chrysler Classic | 1986-2008 |
Bob Hope Classic | 2009-2011 |
Humana Challenge | 2012-2015 |
CareerBuilder Challenge | 2016-2018 |
Desert Classic | 2019 |
The American Express | 2020-present |
Where is the tournament played?
The PGA American Express event occurs on three golf courses in Southern California. It features a 54-hole cut across the three courses. They are:
- PGA West, Dye Stadium Course, La Quinta, Calif.
- PGA West, Nicklaus Tournament Course, La Quinta, Calif.
- La Quinta Country Club, La Quinta, Calif.
Source: Getty Images
What is the prize money for the PGA American Express 2023?
The winner of the 2023 edition took home $1.44 million. It is a significant increase compared to the 2022 event, where the winner parted with $1.368 million.
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Who won American Express PGA?
American golfer Jon Rahm emerged victorious at the American Express. He overcame fierce competition from Davis Thompson after an epic duel to secure his second title after winning the 2018 edition. It was also his fourth victory in his last six starts.
Source: Getty Images
Payouts for the American Express golf tournament
The American Express PGA tour payout money is distributed based on performance. The winner usually gets the highest share, followed by the runners-up. Here is a breakdown of the 2023 PGA tour American Express payout for the top 10 rankings.
Position | Player | Score | Earnings |
1 | Jon Rahm | -27 | $1.44 million |
2 | Davis Thompson | -26 | $872k |
T3 | Xander Schauffele | -25 | $472k |
T3 | Chris Kirk | -25 | $472k |
5 | Taylor Montgomery | -24 | $328k |
T6 | Erik van Rooyen | -23 | $252.4k |
T6 | Matti Schmid | -23 | $252.4k |
T6 | Robby Shelton | -23 | $252.4k |
T6 | Tom Kim | -23 | $252.4k |
T6 | J.T. Poston | -23 | $252.4k |
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Format
The tournament happens over four days, with each pro in the field paired with an amateur during the first three days at PGA West's Dye Stadium Course. Each player gets one round in the first three days. After that, the top 65 proceed to the final round. At the end of the 72-hole event, the player with the lowest score wins the competition.
Past winners
The PGA Tour America Express has had dozens of winners since 1960. Arnold Palmer was the first golfer to win it. He is also the most successful with five titles (1960, 1962, 1968, 1971, 1973). Seven players have won the event twice, including the 2023 champion, Jon Rahm. Below is a list of the winners since 2010 and their earnings.
Source: Getty Images
Year | Player | Earning |
2023 | Jon Rahm | $1.44 million |
2022 | Hudson Swafford | $1.368 million |
2021 | Si Woo Kim | $1.206 million |
2020 | Andrew Landry | $1.206 million |
2019 | Adam Long | $1.06 million |
2018 | Jon Rahm | $1.06 million |
2017 | Hudson Swafford | $1.044 million |
2016 | Jason Dufner | $1.044 million |
2015 | Bill Haas | $1.026 million |
2014 | Patrick Reed | $1.026 million |
2013 | Brian Gay | $1.008 million |
2012 | Mark Wilson | $1.008 million |
2011 | Jhonattan Vegas | $900k |
2010 | Bill Haas | $900k |
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2024 could see the PGA Tour American Express prize money increase. The tournament continues to attract talented golf players who treat the audience with brilliant displays on the golf courses. So, will American Express continue sponsoring the event in 2024?
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