As the LPGA Tours second event of the season arrives this week, there are signs of progress, those around the tour said. WHAT IS THE TOURNAMENT PURSE FOR THE 2022 SAUDI INTERNATIONAL? Its such a great statement, Hall said. USE CODE LOVE5 AT CHECKOUT TO GET AN EXTRA 5% OFF! Nelly Korda shot a 5-under 67 Saturday to make up seven strokes on her sister Jessica Korda and win the Aramco Team Series. The first state-of-the-art golf facility in the Kingdom of Saudi Arabia, built forWomen's champions as well as men events, Major champions including Dustin Johnson, Brooks Koepka, Phil Mickelson, Sergio Garcia and Graeme McDowell have all played here, Designed by renowned course architect, Dave Sampson, of European Golf Designs, Voted Worlds best Golf clubhouse at the World Golf Awards 2019, Subscribe to our newsletter to get all news and updates. The 2022 Saudi International purse is set for $5 million, with the winner's share coming in at $1,000,000 -- not the standard 18 percent payout according to the Asian Tour's prize money. With annual expenses in the high five figures, according to one recently retired player, that doesnt leave much wiggle room for investing in your future. BA1 1UA. England's Georgia Hall delivered a measured final round 71 to win the $1million Aramco Saudi Ladies International presented by Public Investment Fund by five shots at Royal Greens Golf & Country Club, on the Jeddah coast. Thanks to further investment from Saudi Arabia's Public Investment Fund (PIF), the total purse is now $5 million, a $1.5 million increase from last year's $3.5m. Womens golf is a little all over the place. Despite their different approaches to the Saudis investments, the PGA and LPGA tours remain closely aligned, partnering on schedule coordination, marketing programs and other partnerships. Golf Saudi is not . Terms of Service Stacy Lewis, a former world No. The Tour is officially recognised by the Official World Golf Ranking and provides its events with valuable ranking points for participants to be recognised on the world stage. Each LIV Golf event will have a purse of $25 million - $20m for the individual event and $5 million for the team event. The PGA Tour boasted a year-long purse of $421,800,000 last season through its 47-tournament schedule. The event is played this year at Royal Greens Golf and Country Club in King Abdullah Economic City, Saudi Arabia. The Saudi International returns this weekend, with Jeddah's Royal Greens Golf and Country Club hosting the strongest field ever seen in an Asian Tour event. Our goal with the tour is to be the leading one in the world, Lewis said, and were in a great spot to do that.. The Tour also has an office in Kuala Lumpur, Malaysia. THE MATERIAL ON THIS SITE MAY NOT BE REPRODUCED, DISTRIBUTED, TRANSMITTED, CACHED OR OTHERWISE USED, EXCEPT WITH THE PRIOR WRITTEN PERMISSION OF DISCOVERY GOLF, INC. 2023 DISCOVERY GOLF, INC. ALL RIGHTS RESERVED, Here is the prize money payout for each golfer at the 2022 Saudi International. The PIF Saudi International 2022 is part of the Asian Tour in the season 2022. The $5 million purse trails only the five major championships and the CME Group Tour Championship on the LPGA Tour, to be played next week in Florida with a $7 million purse. Saudi-Backed Golf League Announces 2022 Schedule, with Four U.S. Events The circuit, named LIV Golf Invitational Series, is offering a $250 million total prize purse among eight 54-hole,. But, it's one of us humans writing the story, we promise. Varner III won the $1,000,000 winner's share of the $5,000,000 purse. Due to the nature of how the PGA Tour is runit is listed as a 501(c)(6) non-profitthe tour is obligated to flow the money back to the players, while allowing expenses of the company to be paid and also to accumulate a reasonable reserve of funds. England and Wales company registration number 2008885. Gambling problem? For context, the PGA Tours $563 million projected total is more than double the tours total purse just 10 years ago ($260 million in 2013) and more than $500 million from 1993 ($53,203,611). That is an eye-popping figure, and some $30 million more than the previous campaigns total. Last year, it was two-time Major winner, Dustin Johnson, who claimed the title, with a final round of 68 giving him a two stroke victory and his second title at the Saudi International in three years. The Asian Tour, through its membership of the International Federation of PGA Tours, is the only recognised pan-Asian professional golf tour in Asia. PGA Tour commissioner Jay Monahan said 55 percent of the Tour's revenue in 2022, which is expected to be $1.522 billion, would be allotted to the players. Assuming the majors stay at last years figuresand, more than likely, those figures will be increasedthe tours total purse for the 2022-23 season will cross the $563 million barrier. 1 player in womens golf. All three are also in the field this year. Just when it seemed Harold Varner III was going to come away from the end of the Saudi International with merely another learning experience," the 31-year-old North Carolina native pulled out the most spectacular finish of his career to walk off with his biggest title. Varner then made a birdie on the par-4 17th before rolling in a 92-foot eagle putt from just off the green to wildly pull out the win with a final-round one-under 69 and a 13-under 267 total. For those wondering, the tours purse records date back to 1938, which saw a total purse of $158,000 spread across 38 events (the equivalent of $3,352,401.42 in 2023 dollars). The Saudi Ladies International final leaderboard -11 G Hall (Eng); -6 K Napoleaova (Cze), J Gustavsson (Swe); -5 E Pederson (Den); -4 C Ciganda (Spa) Selected: +1 H Burke (Eng); +2 C Frankish. To date, his best round came in 2016, where he shot a six-under-par 66 having been seven-under through nine holes. Well, for a regular season event, at least; because the FedEx Cup and Tour Championship are now one and the same, there will be $75 million on the line at East Lake when the circuit concludes its season in Atlanta. RELATED: Prize money payout for 2023 Honda Classic. Previously a DP World Tour event (opens in new tab), the tournament now features under the Asian Tour banner. The winner gets $2 million, the biggest payout in womens golf history. In total, almost half of the 126-man field will comprise players who competed for LIV Golf last year. India will be well represented in this week's Aramco Saudi Ladies International presented by Public Investment Fund with the country's two leading women golfers Tvesa Malik and Diksha Dagar competing for a share of $1million prize money in the second event of what will be a record-breaking season on the Ladies European Tour. Heres the prize money payout break down (separate from appearance fees) for each golfer who made the cut in the event. 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Instant access to the latest news, videos and photos from around the world of golf. KING ABDULLAH ECONOMIC CITY, Saudi Arabia Two years after it first invested in womens golf, Golf Saudi is raising the prize money of the Aramco Saudi Ladies International from $1 million to $5 million, making it equal to the mens prize fund and the seventh-highest in all of womens golf. By signing up, you agree to the USE CODE LOVE5 AT CHECKOUT TO GET AN EXTRA 5% OFF! Johnson will be favourite going into . See more in GNN's affiliate disclosure. Lets find out. The winner will get $750,000, more or equal to the entire purse of 27 tournaments on the LET. Whether youre a lifelong resident of D.C. or you just moved here, weve got you covered. KING ABDULLAH ECONOMIC CITY, Saudi Arabia - Two years after it first invested in women's golf, Golf Saudi is raising the prize money of the Aramco . A closing 64 included a 14-foot eagle of his own on the 18th to seemingly lock up the title before Varner, still searching for a PGA Tour win, pulled off his heroics. And that could increase as the year goes on, LPGA Tour Commissioner Mollie Marcoux Samaan said. Scottie Scheffler returns to defend the trophy he won last year in the latest designated event on the PGA Tour, Jin Young Ko returns to defend her title at Sentosa Golf Club. Mens golf has been torn apart over the past year by an unprecedented infusion of money. THE MATERIAL ON THIS SITE MAY NOT BE REPRODUCED, DISTRIBUTED, TRANSMITTED, CACHED OR OTHERWISE USED, EXCEPT WITH THE PRIOR WRITTEN PERMISSION OF DISCOVERY GOLF, INC. 2023 DISCOVERY GOLF, INC. ALL RIGHTS RESERVED, Theincreases in professional golf's prize moneyand pursesare staggering. The list has also doubled from 10 players to 20. In addition, it will give out one of the highest Official World Golf Ranking points in international . Dubai: Al Nassr striker Cristiano Ronaldo has won the Saudi Pro League Player of the Month award for February after he scored eight goals in four games for his new club. What is spurring these prize increases? The LIV associations dont end there - another high-profile signing was 2018 Masters champion Patrick Reed, and he also tees it up. The 2022 Saudi International final leaderboard is headed by winner Harold Varner III, who earned the Asian Tour win at Royal Greens Golf and Country Club in King Abdullah Economic City, Saudi Arabia. Ko, last year shot a final day 65 for a five-shot victory. The winner is projected to receive 26 ranking points - a potentially valuable haul given LIV Golfs ineligibility to offer its players points. Winning comes with other big benefits, including a two-plus season exemption on the Asian Tour. 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