Prize money to increase for players on Korn Ferry Tour

The Korn Ferry Four, the circuit right below the PGA Tour, informed players on Tuesday that prize money will be a minimum of $1 million for tournaments starting in 2023. Minimum purses now are at $600,000, with $108,000 going to the winner. First place would be worth at least $180,000 starting in 2023.

“The Korn Ferry Tour continues to play a massive role in delivering a pipeline of future stars to the PGA Tour on a consistent basis,” said Alex Baldwin, president of the Korn Ferry Tour.

She said the prize increase would ensure the tour continues to attract the best talent “while providing higher-quality playing opportunities.”

Minimum purses will increase next year to $750,000 and then to $1 million in 2023.

The final regular-season event will go from $750,000 to $850,000 next year and then to $1.25 million in 2023, while the three Korn Ferry Tour Finals events that decide PGA Tour cards will go from $1 million this year to $1.5 million in 2023.

The top 25 on the points list during the regular season earn cards, and the three events after offer 25 cards to a mixture of Korn Ferry Tour and PGA Tour players.
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