Golf is not like team sports. It was never meant to have a finish line to the season
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Toronto Sun
7 hours ago
- Toronto Sun
Tour Championship now offers richest prize in golf with $40M purse
Published Aug 13, 2025 • 2 minute read Rory McIlroy of Northern Ireland celebrates with the FedEx Cup after winning during the final round of the Tour Championship at East Lake Golf Club on Aug. 28, 2022, in Atlanta, Ga. Photo by Kevin C. Cox / Getty Images OWINGS MILLS, Md. — The Tour Championship now has the richest individual prize fund in golf with the PGA Tour making the FedEx Cup payoff count as official money for the first time. The total purse is $40 million, with $10 million to the winner. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Since the FedEx Cup began in 2007, the bonus pool at the end of the Tour Championship was unofficial money, with part of it deferred. Prize money was eliminated at the Tour Championship when the postseason was reduced from four to three tournaments in 2019, and the FedEx Cup bonus pool increased. With the introduction that year of 'starting strokes' — the No. 1 seed started at 10-under par and had a two-shot lead over the No. 2 seed — whoever won the finale at East Lake won the FedEx Cup and was credited with a PGA Tour title for winning the Tour Championship. In a change this year, the starting strokes were eliminated, and the top 30 players who reach the Tour Championship will all start from scratch like a normal tournament. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. A PGA Tour spokesperson confirmed Wednesday evening that the $40-million bonus pool will now be official money at East Lake. In another change, the $25 million for winning the FedEx Cup was spread out. Scottie Scheffler received $10 million for leading the FedEx Cup in the regular season, and he will get $5 million for being the No. 1 seed after this week's BMW Championship. That is still part of the bonus pool and will not be official money. But now that the player with lowest score wins the Tour Championship — and FedEx Cup — the $40 million set aside for the top 30 players will be official, with $10 million to the winner. Scheffler leads the money list with $20,362,883. Masters champion Rory McIlroy ($16,156,418) and U.S. Open champion J.J. Spaun ($12,302,222) now will have a mathematical chance of topping Scheffler if they win at East Lake. This advertisement has not loaded yet, but your article continues below. The runner-up at East Lake gets $5 million in official money, while third place gets $3,705,000. Last place gets $355,000. The last time East Lake had an official purse was in 2018 at $9 million, and Tiger Woods won $1.62 million. Justin Rose won the FedEx Cup without winning a postseason event and got the $10-million bonus. Patrick Cantlay was among several players who liked the change away from starting strokes, and he said winning the Tour Championship — even if a player was at No. 30 — was still worthy of being the FedEx Cup champion. 'I think at this point if you played a whole year and get into the Tour Championship with the guys who have played — the 30 best guys who have played the best all year — and you beat them that week with everything on the line, that's a huge accomplishment,' he said. Read More Editorial Cartoons Toronto Maple Leafs Columnists Columnists Toronto & GTA
CTV News
10 hours ago
- CTV News
NBA approves sale of Boston Celtics to private equity mogul Bill Chisholm for record US$6.1 billion
Lucky the Leprechaun, the Boston Celtics team logo, peers out from in between Celtics championship banners hanging in their new basketball team practice facility, Tuesday, June 19, 2018, in Boston. (AP Photo/Elise Amendola, File) BOSTON — The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team. The league said the transaction is expected to close shortly. When it does, Chisholm will take ownership of at least 51% of the team, with full control coming by 2028 at a price that could bring the total value to $7.3 billion. The previous record for a U.S. sports franchise was the $6.05 billion paid for the NFL's Washington Commanders in 2023. The record price for an NBA team was the $4 billion mortgage firm owner Mat Ishbia paid for the Phoenix Suns in 2023. A Massachusetts native and graduate of Dartmouth College and Penn's Wharton School of business, Chisholm is the managing partner of California-based Symphony Technology Group. The new ownership group also includes Boston businessmen Rob Hale, who is a current Celtics shareholder, and Bruce Beal Jr. Wyc Grousbeck led the ownership group that bought the team in 2002 for $360 million and presided over NBA championships in 2008 and '24. The franchise's 18 NBA titles is a record. Chisholm outbid at least two other groups, one led by previous Celtics minority partner Steve Pagliuca. Pagliuca has since announced plans to but the WNBA's Connecticut Sun for $325 million and move them to Boston, but the women's league has balked at the deal. Jimmy Golen, The Associated Press
Toronto Star
11 hours ago
- Toronto Star
Xander Schauffele is trying to avoid missing the Tour Championship for the first time
Xander Schauffele eyes a putt on the first green during the second round of the St. Jude Championship golf tournament Friday, Aug. 8, 2025, in Memphis, Tenn. (AP Photo/George Walker IV) DC flag wire: true flag sponsored: false article_type: : sWebsitePrimaryPublication : publications/toronto_star bHasMigratedAvatar : false :
