NGA Pro Golf Tour - Prize Money

Prize Money

Unlike the PGA Tour and Web.Com Tour, for which prize funds are provided by sponsors, the bulk of the prize fund paid out in NGA Pro Golf Tour events comes from player entry fees. Like poker tournaments, players are competing to win back their entry fees (and the entry fees from others). However, thanks in part to national sponsorship, the NGA Pro Golf Tour players actually play for over 110% of their entry fees, while other developmental tours typically pay back only 80-90% of entry fees. In 2011 the total prize fund was over $5.7 million dollars, the leading money winner, Brandon Brown (Shelbyville, KY), had earnings of $150,864. Jeff Corr (Longwood, FL) earned $142,545, Philip Pettitt Jr (Murfreesboro, TN) earned $111,109 while 16 others made $50,000 or more. The NGA Pro Golf Tour paid PGA Tour Qualifying School entry fees for 33 players (Typically $4500 per person) in 2011. In 2010 and 2011 the NGA Pro Golf Tour received 6 exemptions each year into individual Web.Com Tour events and exemptions into the annual Hootie and the Blowfish Monday After The Masters Tournament.

In 2012 The NGA Pro Golf Tour's top twenty members minimum on the season ending money list will once again get their PGA Tour Qualifying School fees reimbursed.

The 2012 schedule features 32 events; 18 Pro Series events with guaranteed purses of $150,000 to $200,000 in guaranteed prize funds and one Members Only Shootout, three Q School Prep Series events, and 10 Carolina events with estimated purses of $132,000 each for a total payout of over $5.4 million dollars. This is approximately one-fifth of the prize money available on the second-tier Web.Com Tour, which has over thirty events with prize pools of $525,000 to $1,000,000, and little more than twelve percent of that on the PGA Tour, which has forty-seven events with an average prize pool over $6.3 million dollars per event.

Read more about this topic:  NGA Pro Golf Tour

Famous quotes containing the words prize and/or money:

    To a maiden true he’ll give his hand,
    Hey lillie, ho lillie lallie,
    To the king’s daughter o’ fair England,
    To a prize that was won by a slain brother’s brand,
    I’ the brave nights so early.
    Unknown. Earl Brand (l. 67–71)

    Is money money or isn’t money money. Everybody who earns
    it and spends it every day in order to live knows
    that money is money, anybody who votes it to be
    gathered in as taxes knows money is not money. That
    is what makes everybody go crazy.... When you earn
    money and spend money every day anybody can know the
    difference between a million and three. But when you
    vote money away there really is not any difference
    between a million and three.
    Gertrude Stein (1874–1946)