A three-course-based PGA Tour event was initiated last Thursday in California. Here you American Express 2023 Purse, Prize Money Breakdown, and Payouts.
The American Express 2023 Purse:
The American Express is a popular California-based annual PGA Tour golf tournament. It was previously known as the Desert Classic. The 64th official iteration of the event is currently going on in La Quinta. 157 top-class professional golfers participated in the event.
Organizers at American Express announced a purse pool of $8 million in 2023. Compared to last year’s $7.6 million purse pool, this year has seen a slight raise.
This year, 18% of the purse pool will be rewarded to the event’s champion. Rest of it will be divided among the top 65 golfers who successfully made a cut for the final round.
According to the official statement, the event champion will earn $1.4 million from the event. Whereas the defending champion Hudson Swafford received $1.38 last year. While the runner-up’s reward amount has been increased from $828,400 to $872,000.
Last year’s purse pool was divided among the top-70. Based on that, final three standings of 68th, 69th, and 70th received $15,884, $15,732, and $15,580 respectfully. Whereas, this year’s purse distribution limit was decreased to only top-65 players. Based on which, the final three standings of 63rd, 64th, and 65th are set to receive $17,520, $17,360, and $17,200.
While there has been an increase in the amount of the total purse pool, the difference isn’t affecting top positions this year. However, the lower standings are seeing a significant bounce in purse size.
The American Express 2023 Payouts:
Purse distribution chart of the ongoing PGA Tour event, The American Express 2023 is listed below –
Placement | Purse |
1 | $1,440,000 |
2 | $872,000 |
3 | $552,000 |
4 | $392,000 |
5 | $328,000 |
6 | $290,000 |
7 | $270,000 |
8 | $250,000 |
9 | $234,000 |
10 | $218,000 |
11 | $202,000 |
12 | $186,000 |
13 | $170,000 |
14 | $154,000 |
15 | $146,000 |
16 | $138,000 |
17 | $130,000 |
18 | $122,000 |
19 | $114,000 |
20 | $106,000 |
21 | $98,000 |
22 | $90,000 |
23 | $83,600 |
24 | $77,200 |
25 | $70,800 |
26 | $64,400 |
27 | $62,000 |
28 | $59,600 |
29 | $57,200 |
30 | $54,800 |
31 | $52,400 |
32 | $50,000 |
33 | $47,600 |
34 | $45,600 |
35 | $43,600 |
36 | $41,600 |
37 | $39,600 |
38 | $38,000 |
39 | $36,400 |
40 | $34,800 |
41 | $33,200 |
42 | $31,600 |
43 | $30,000 |
44 | $28,400 |
45 | $26,800 |
46 | $25,200 |
47 | $23,600 |
48 | $22,320 |
49 | $21,200 |
50 | $20,560 |
51 | $20,080 |
52 | $19,600 |
53 | $19,280 |
54 | $18,960 |
55 | $18,800 |
56 | $18,640 |
57 | $18,480 |
58 | $18,320 |
59 | $18,160 |
60 | $18,000 |
61 | $17,840 |
62 | $17,680 |
63 | $17,520 |
64 | $17,360 |
65 | $17,200 |