Monday, September 2, 2013

Money Behind the FedExCup

In 2007 the PGA Tour implemented the FedExCup. The FedExCup takes place throughout the entire golf season and concludes with the FedEx Cup Playoffs. The playoff system consist of four different tournaments in which the number of golfers participating in the tournament is decreased after each tournament. The cuts are made after each playoff tournament based on a points standing.

This season's FedExCup Playoff started with the Barclays in which the top 125 players were entered into the tournament. After the Barclays, only the top 100 players advanced to the Deutsche Bank Championship. The third stop for the playoffs is the BMW Championship, only the top 70 players will be invited to play. After the BMW, the top 30 players will compete for the Tour Championship by Coca-Cola in Atlanta.

The players are not just competing for the pride of being named the FedExCup Champion. The four playoff tournaments will offer a purse of $8 million each for a combined $32 million in prize money. Although the purse money for the tournament is quite lucrative, the most potential money to be gained is through bonus money.

The PGA Tour offers $35 million of bonus money for the top 125 players in the FedExCup standings. The winner of the FedExCup will receive $10 million. Second place will receive $3 million and third place gets $2 million. The winnings trickle down to 125th place who receives $70,000.

Final Thought
The FedExCup Playoff has been a big success since its implementation in 2007. Once the four majors in golf are complete, it is difficult to get the big name players to want to continue and compete. The FedExCup Playoff has made golf meaningful well into September. As a golf fan, it is a great to have the golf season extended for the players I enjoy watching. The players are now starting to view the FedExCup not only as a way to earn more money, but as a tournament that they want to compete in and win.


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