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Purses are set to hit $1 million in every event over the next two years.

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Korn Ferry Tour players will soon be getting a significant raise. According to a release from the development tour, purses will increase over the next two seasons with each event having a minimum purse of $1 million by 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,” Korn Ferry Tour President Alex Baldwin said in a statement. “Today’s announcement is another step in ensuring the Tour will continue to attract the best young talent while providing higher-quality playing opportunities for the entire membership.”

The increases were approved by the PGA Tour policy board last March, but because of the Covid-19 pandemic, the changes were pushed back by a year.

The long-time top development tour has been a springboard to the PGA Tour since the early 90s, but money has been hard to come by on the circuit. From 1990-92, the total purse for the season was $3 million. And though the purses have increased since then, money still lags far behind the PGA Tour.

The 2019 money leader, Scottie Scheffler, earned $565,368 during his Player-of-the-Year campaign. If he were on the PGA Tour that same season, he would have ranked 159th on the money list.

The purse inflation will represent a 66.7 percent increase over the next two seasons, while Korn Ferry Tour Finals events will increase by 50 percent over that same time.

Golf.com Editor

Zephyr Melton is an assistant editor for GOLF.com where he spends his days blogging, producing and editing. Prior to joining the team at GOLF.com, he attended the University of Texas followed by stops with Team USA, the Green Bay Packers and the PGA Tour. He assists on all things instruction and is the staff’s self-appointed development tour “expert.”





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