How Much Does The Open Winner Get
The Open Championship, golf’s oldest major, has seen a significant increase in its prize money over the years. In 2023, the total prize fund for The Open is $16.5 million, an 18% increase from the previous year. The winner of The Open will receive a record-breaking winner’s check of $3 million, a $500,000 increase from the previous year.
Despite this increase, The Open still remains the least lucrative major in men’s professional golf, with the US Open, Masters, and PGA Championship offering higher prize money.
The prize money breakdown for The Open 2023 can be seen below:
The Evolution of The Open’s Prize Money
The prize money for The Open Championship has undergone significant changes throughout its history. In the early years, there was no prize money, and the winner was awarded the Challenge Belt. As the tournament gained more prominence, the introduction of prize money occurred. From 1864 to 1939, the prize money gradually increased, with notable milestones such as the first six-figure purse in 1977.
In recent years, the prize money for The Open has seen substantial growth. In 2023, the total prize fund is $16.5 million, almost doubling since 2016. The winner’s share has also increased, with the 2023 winner receiving $3 million. These increases reflect the efforts to elevate The Open’s standing in the world of golf and attract top players to compete in the tournament.
The Open’s Prize Money in Comparison
While The Open Championship is widely regarded as one of golf’s most prestigious tournaments, it falls short when compared to other golf majors in terms of total prize money. The highest prize fund among the majors is offered by the US Open, with a staggering $20 million at stake. Following closely behind is the Masters with $18 million, and the PGA Championship with $17.5 million. The Open’s prize fund of $16.5 million places it in the fourth position among the majors.
In comparison, the Players Championship holds the record for the largest purse in professional golf history, boasting a total prize money of $25 million. While The Open’s prize money may be lower when compared to its counterparts, it still rewards the winner handsomely with an impressive share of $3 million, emphasizing the significance of claiming victory at The Open both financially and in terms of prestige.
Despite not leading the pack in terms of total prize money, The Open Championship continues to captivate players and fans alike with its rich history and iconic venues. From the iconic Old Course at St. Andrews to Royal Troon and Royal Birkdale, The Open showcases the best and most challenging links courses in the world, offering golfers a chance to be part of a storied legacy. The allure of lifting the Claret Jug and etching one’s name alongside golfing legends is a reward in itself, transcending monetary value.
