CROMWELL, Conn. – The PGA TOUR will return to a calendar-year schedule in 2024, one of a number of changes announced Wednesday that also include eight tournaments with greatly improved purses, revised field sizes for the FedExCup Playoffs, and a redesigned fall of up to three international no-cut events with a limited field of participants.
Commissioner Jay Monahan announced the changes, made in conjunction with the Policy Board and Player Directors, at a press conference at the Travelers Championship.
He also announced the changes in a letter to players.
“These changes will further strengthen FedExCup and create a strong, coordinated global schedule,” Monahan wrote, describing a condensed FedExCup season that will run from January through August and “provide a more compelling product for our players, fans and partners.”
Broadly speaking, the FedExCup Playoffs will feature revised field sizes starting next year. The top 70 advance to the first event of the playoffs, the FedEx St. Jude Championship at TPC Southwind in Memphis. The top 50 make up the BMW Championship and the top 30 compete as usual for the FedExCup at the TOUR Championship in East Lake.
The 70 players who qualify for the first playoff event are fully exempt for the following season, including invitationals. Anyone outside of this limit can increase their status in the fall events, at the end of which the top 125 are fully exempt for the following season.
“Even though it was different than in the past, I think it’s going to be very exciting for the fans and generate great energy in the fall,” said Monahan, adding that he expects the fall events to be “very momentous, very meaningful .”
In addition, the TOUR will make room for up to three international, limited-field no-cut events, featuring the top 50 from the last FedExCup and the top performers of the fall. The format and other details of these events are currently being reviewed by the Player Advisory Council.
Alongside these changes, the Policy Board also modified the resource allocation plan to increase purse size at the following eight events in 2023:
Sentry Tournament of Champions – $15 million (up from $8.2 million in 2022)
The Genesis Invitational Tournament – $20 million (up from $12 million in 2022)
Arnold Palmer Invitational presented by Mastercard – $20 million (up from $12 million in 2022)
THE PLAYER Championship – $25 million (up from $20 million in 2022)
WGC—Dell Technologies Matchplay – $20 million (up from $12 million in 2022)
the Memorial Tournament presented by Workday – $20 million (up from $12 million in 2022)
FedEx St. Jude Championship – $20 million (up from $15 million in 2022)
BMW Championship – $20 million (up from $15 million in 2022)
“There is still work to be done and details to be confirmed,” Monahan said in a lengthy press conference at TPC River Highlands, “but implementing significant changes to our schedule gives us the best opportunity not only to increase revenue for our players, but.” also to improve our product and create a platform for further growth in the future.”
In his pre-tournament press conference at the Travelers Championship, two-time FedExCup Champion Rory McIlroy reflected on the impact the PGA TOUR is having on the communities in which it plays, as well as the future of the organization.
“I think it hasn’t escaped my notice what PGA TOUR events … can do for the communities in which they are played,” he said. “I think it hasn’t gone unnoticed by players that when they come and play PGA TOUR events, they’re helping to do something really good in the community… and I think that’s important.”
As one of four Player Directors on the PGA TOUR Policy Board, McIlroy spent five hours Monday in a board meeting discussing the schedule changes.
McIlroy said the increased events are “important for the future of the TOUR” without minimizing other events on the schedule.
“They’re going to have tournaments that guys like to play and they’re going to come back and keep playing,” said McIlroy, who is competing for the fourth straight week.
The top three players from FedExCup – Scottie Scheffler, Sam Burns and McIlroy – and six of the top 15 official golf rankings will serve at Travelers, where Harris English is the defending champion.
“On the PGA TOUR, our members compete for an opportunity to put their name in the history books and yes, significant financial benefits without having to contend with any moral ambiguity,” said Monahan. “And pure competition creates relevance and context, which is what fans need and expect to invest their time in a sport and in a player.
“That’s the beauty of the PGA TOUR,” he added. “We have and will always provide a global platform for members to compete against the very best, earn their fame and become household names.”