Funny Money On Tour: The lucrative life of a PGA Tour golfer
The FedEx Cup is set to award another $15 million first prize while scores of golfers who have never won a PGA Tour event have still made more money than Jack Nicklaus earned in his career. In this episode, host Daniel Rapaport revisits the series of events that made pro golf such a lucrative business, and explores whether it can continue.
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Show Notes
“The money out here is comical,” admits PGA Tour player Joel Dahmen. But he’s not complaining. After slogging through the mini-tours earlier in his career Dahmen in just a few years on the PGA Tour has already earned more money in official earnings than Jack Nicklaus did in his entire career—all this despite never winning a tour event. The topic of this episode of Local Knowledge is money: how purses have risen so dramatically on the PGA Tour, the key individuals who helped pave the way for the lifestyle players now enjoy, and the surprising ways the golf financial landscape has evolved over time. Also, given the global pandemic and the accompanying recession, host Daniel Rapaport ask whether golf can still hand out the same size winner’s checks in the years to come.
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