Golf

Why the PGA Tour is offering players cash advances of up to $100,000



The advance will be deducted from the eventual season-ending bonus, the email said. If the advance is greater than that bonus, 50 percent of future prize money earnings will be deducted until it is paid back.

The move comes in light of events being postponed due to the global coronavirus pandemic. To date, the PGA Tour has canceled events through the middle of May, Augusta National Golf Club has postponed the Masters and the PGA of America has postponed the PGA Championship. In addition, the U.S. Open in June is likely to be postponed, the New York Post has reported.

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