How much does last place in the Masters make? This question often comes up among golf enthusiasts and professionals alike. The Masters, one of the four major golf tournaments, is renowned for its prestige and the substantial prize money it offers. However, the amount awarded to the last-place finisher is significantly less than the winner’s share, raising questions about the financial rewards in golf’s most prestigious event. Let’s delve into the specifics and explore the financial landscape of the Masters.
The Masters, held annually at Augusta National Golf Club in Georgia, is not only a tournament that tests the skill and endurance of the world’s best golfers but also a significant source of revenue for the sport. The winner of the Masters receives a prize of $2.25 million, making it the highest-paying major in golf. This substantial sum is complemented by other incentives, such as a four-year exemption on the PGA Tour, a lifetime membership at Augusta National, and a spot in the Masters for the following year.
On the other end of the spectrum, the last-place finisher in the Masters typically earns a fraction of the winner’s prize. The amount awarded to the last-place finisher varies each year, depending on the total number of competitors and the purse. As of 2021, the last-place finisher received $5,040. This sum is significantly lower than the $2.25 million awarded to the winner, but it still represents a considerable amount of money for a professional golfer.
It’s important to note that the prize money at the Masters is distributed across the entire field, with each player receiving a share based on their finishing position. The distribution is not as straightforward as it might seem, as there are various factors that come into play. For instance, the Masters has a cut system, where players who fail to make the cut receive a smaller share of the total purse. Additionally, the Masters Foundation receives a portion of the purse, which is used to support various charitable initiatives.
Despite the lower prize money for the last-place finisher, the Masters remains a highly sought-after tournament for professional golfers. The opportunity to compete at Augusta National, the chance to win a Green Jacket, and the prestige that comes with being a Masters champion are all powerful incentives. Moreover, the Masters often serves as a platform for golfers to showcase their talent and potentially secure sponsorships or endorsements that can significantly boost their earnings.
In conclusion, while the financial rewards for the last-place finisher in the Masters are not as substantial as those for the winner, the tournament remains a significant event in the golfing world. The prize money is distributed across the entire field, with each player receiving a share based on their finishing position. The Masters offers a unique opportunity for golfers to compete at one of the most prestigious courses in the world and potentially elevate their careers. So, how much does last place in the Masters make? It may not be as much as the winner’s share, but it’s still a considerable sum for a professional golfer.
