The DP World Tour of golf will add $50 million to the prize fund for the 2022-2023 season, while also developing an income guarantee programme for players.
According to reports, the total DP World Tour bonus fund for the new season will be slightly more than $144 million, excluding the traditional major quartet and WGC-Dell Technologies Match Play because these prizes are not due to competition Europe’s first-class golf school directly hosted.
The new prize will set aside $4 million, evenly distributed among the four Rolex Series prizes so that the whole group will co-fund $9 million.
The grand finale of the DP World Tour Championship in Dubai is also part of the Rolex Series, but the fund is still $10 million.
In terms of increased prize, the DP World Tour will develop an income guarantee programme, similar to the PGA Tour 2022-2023.
Members of the European arena who compete in at least 15 tournaments will be expected to earn a $150,000 bonus for the entire season, and the host organisation will make up the difference if the performance is not met.
In addition, the rookies will earn an advance of $20,000 to cover the cost of the early season tour, while the disadvantaged group will receive $1,500 each for each time they are eliminated.
In the PGA Tour, the prize fund guarantee limit is up to $500,000 and the necessary conditions are also 15 prizes.
DP World Tour emphasised that the increased prize fund and new compensation regime are the result of increased cooperation with the PGA Tour, announced in June.
At that time, the two sides also announced that the top 10 finalists of the DP World Tour The current season will have a full-time card on the PGA Tour.
The DP World Tour 2022-2023 has won 39 prizes in total in the past 12 months, including the Rolex Series, four of which are brand-new in Singapore, Thailand, Japan, and Korea. On November 24, just four days after the season’s finale in Dubai.
