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PGA TOUR, PGA of America Announce New Joint Initiatives

Nov 7, 2013

ISLAND, GA (November 6, 2013) – PGA TOUR Commissioner Tim Finchem and PGA of
America President Ted Bishop today announced a significant expansion in
cooperative initiatives that benefit the membership of both organizations and
help grow the game of golf.

them, Bishop said, is The PGA of America’s intention to increase the PGA Championship’s
purse to $10 million, which will equal that of THE PLAYERS Championship as the
highest in professional golf. This represents a $2 million increase over last season’s
PGA Championship, while Finchem said THE PLAYERS’ purse will increase by
$500,000 over 2013. In addition, the PGA TOUR will increase it