Presidents Cup Stipends Cross the $25M Mark This Week
Players and captains began receiving cash payments in 2022.
Medinah, Illinois — The stipends paid to Presidents Cup players and captains have surpassed the $25 million mark this week. This is the third edition of the biennial team golf event, where U.S. players compete against international teams outside of Europe. The PGA Tour, the event's operator, is paying each participant $250,000. Each team, consisting of 12 players, a captain, and four assistant captains, receives a total of $4.25 million in payouts.
This adds up to $25.5 million paid out across the three events since the current format began in 2022. The U.S. Ryder Cup team, operated by the PGA of America, began paying its players $200,000 stipends last year, with an additional $300,000 allocated to charity. The PGA Tour, which runs both the U.S. and International teams at the Presidents Cup, has maintained uniformity in player compensation, unlike the European Ryder Cup team.
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