Korn Ferry Tour announces major prize money increases by 2022
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By Andy Kostka
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The Washington Times
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Wednesday, May 5, 2021
The Korn Ferry Tour, the developmental competition for golfers aiming to crack the PGA Tour, announced Tuesday that tournaments will see a significant purse increase over the next two seasons.
The increases were originally scheduled for the 2021 season after the tour’s policy board approved the raise in March 2020. But they have been delayed a year to account for the expenses the coronavirus pandemic has accrued, such as testing and health and safety adjustments.
The Korn Ferry Tour’s regular season purses will jump 66.7% from 2021 to 2023. There will be a rise of $150,000 in 2022, making the minimum purse value for tournaments $750,000. The minimum purse value will increase to $1 million in 2023.