{"id":1265850,"date":"2022-04-11T18:49:34","date_gmt":"2022-04-11T22:49:34","guid":{"rendered":"https:\/\/thesportsdaily.com\/?p=1265850"},"modified":"2022-04-11T18:49:34","modified_gmt":"2022-04-11T22:49:34","slug":"2022-masters-purse-jumps-30-scheffler-wins-2-7-million","status":"publish","type":"post","link":"https:\/\/thesportsdaily.com\/news\/2022-masters-purse-jumps-30-scheffler-wins-2-7-million\/","title":{"rendered":"2022 Masters Purse Jumps 30% | Scheffler wins $2.7 Million"},"content":{"rendered":"

Scottie Scheffler was the 2022 Masters champion on Sunday, and in the process won $2.7 million according to Sports Illustrated. The winner’s purse at the 2022 Masters is up 30%, as Hideki Matsuyama of Japan won $2.07 million in 2021.<\/p>\n

In terms of the total purse, the total prize money for the 2022 Masters was $15 million in 2022, while the total prize money in 2021 was $11.5 million. Interestingly, when Horton Smith won the first Masters in 1934, he only won $1500. There was not a pay raise again until 1946 when Herman Keiser won $2500. When Sam Snead won his three Masters in 1949, 1952, and 1954, he only won a grand total of $11,750.<\/p>\n

From 1961 to 1969, the Masters champion received $20,000 per year. In this time we saw legends Jack Nicklaus win three times and Arnold Palmer win twice. In the 1970s, there was a gradual rise for the champion. The winner’s share rose to $25,000 in 1970, $30,000 in 1973, $35,000 in 1974, $40,000 in 1975, $45,000 in 1978, and $50,000 in 1979.<\/p>\n

In 1984 when Ben Crenshaw won the Masters, he won $108,000. It was the first time the Masters champion received money in the six digits. Then in 2001, Tiger Woods was the first golfer to win over a million dollars for putting on the green jacket as he won $1,008,000. It should be noted that Woods only won $486,000 when he won in 1997. Then in 2019, Woods also became the first $2 million winner of the Masters, as he won $2.07 million, the same amount that Matsuyama won in 2019.<\/p>\n

When you compare the Masters champion to other majors, Jon Rahm, the 2021 U.S. Open champion<\/a> received $2.25 million, Collin Morikawa, the 2021 British Open champion<\/a>, received $2.07 million, and Phil Mickelson, the 2021 PGA champion, won $2.1 million. One must also remember that Woods won $8 million this past year for winning the Player Impact Program Award despite not playing on the PGA Tour, and that Australia’s Cameron Smith won $3.6 million this year for winning the Players Championship.<\/p>\n

Despite the big money being handed out, Scheffler will not be able to see the entire $2.7 million. That is because according to Michael McCann and Robert Raiola of Sportico, $999,000 of his earnings will go to the Internal Revenue Service, and $155,000 will go to the Georgia Department of Revenue.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Scottie Scheffler was the 2022 Masters champion on Sunday, and in the process won $2.7 million according to Sports Illustrated….<\/p>\n","protected":false},"author":213,"featured_media":1265854,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[605048522],"tags":[2306],"acf":[],"yoast_head":"\nMasters prize money rises 30%<\/title>\n<meta name=\"description\" content=\"When Scottie Scheffler won the Masters on Sunday, he won $2.7 million. 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