The PGA Tour has approved a new two-tiered schedule structure, set to begin in 2024, which will feature expanded fields and a series of 'Designated' events. The decision was announced on March 1, 2023, following a player meeting at the Honda Classic.
The new model includes 13 'Designated' events with no cuts and purses of at least $20 million, aimed at attracting top players. These events will feature fields of approximately 70-80 players, expanded from previous limited-field events. The remaining tournaments will form a second tier, with full-field events offering standard cuts and lower purses.
Commissioner Jay Monahan stated that the changes are designed to 'create a more compelling and predictable schedule for fans, players, and partners.' The tour also plans to increase the number of players with full exemptions from 125 to 150, and introduce a new 'Earnings Assurance Program' for lower-ranked players.
The restructuring comes amid competition from LIV Golf, which has lured several top players with guaranteed contracts and larger purses. The PGA Tour's changes aim to retain talent and enhance the competitive landscape.
