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2023 Hoag Classic: Prize Money Breakdown and Winner’s Payout

Published 03/18/2023, 11:30 AM EDT

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For one week each year, the international spotlight shines brightly on Newport Beach and Orange County. Massive galleries can be witnessed in Newport Beach Country Club. And to add to the feel of excitement, Hoag Classic is the finest stop on the PGA TOUR Champions. In 2019, this event entered a new era with Hoag as the title sponsor and Konica Minolta and City National Bank as presenting partners. The Hoag Classic saw unimaginable attendance and a recharged excitement about PGA TOUR golf in Orange County. But what about this year? What is the prize money on the line?

What is on the line at the 2023 Hoag Classic?

It’s the fifth event of the season 2023. 78 golfers will take over the California host course and play to claim the prize money. There is no cut. This year, the field will be headed by Miguel Angel Jimenez, Bernhard Langer, and Steve Stricker. The top five players in the final standings will be paid a part of the $2.1 million bonus pool based on the points. The PGA Tour Champions does not offer Official World Golf Ranking points for its events.

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However, it is not just money on the line. There are important points, perks, and benefits on the line for the field — in particular, the tournament winner. The money earned this week will be counted toward the Charles Schwab Cup points list. Each dollar earned will translate into a regular season point to qualify for the Charles Schwab Cup playoffs in 2023.
Additionally, the Hoag Classic attracts a field of professional players that rivals any major championship in golf, creating compelling competition for our fans. Some notable legends include Ernie Els, Fred Couples, John Daly, Mark O’Meara, Tom Kite, and many more.

How much will golfers take home?

The Hoag Classic returns to Newport Beach Country Club, March 2 to 6, 2022, and will feature a purse totaling $2 million. There is an increase of $200,000 and a record amount for the tournament that firmly places it in the upper level of elite golf tournaments. The winner’s share comes in at $300,000 — the standard 15 % payout according to the PGA Tour Champions’ prize money distribution chart.
However, we always update the purse and winner’s payout. Here is the prize money breakdown of the event.

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1$300,000
2$176,000
3$144,000
4$120,000
5$96,000
6$80,000
7$72,000
8$64,000
9$56,000
10$52,000
11$48,000
12$44,000
13$40,000
14$38,000
15$36,000
16$34,000
17$32,000
18$30,000
19$28,200
20$26,400
21$24,800
22$23,200
23$22,000
24$21,000
25$20,000
26$19,000
27$18,200
28$17,400
29$16,600
30$15,800
31$15,000
32$14,400
33$13,800
34$13,200
35$12,600
36$12,000
37$11,400
38$11,000
39$10,600
40$10,200
41$9,800
42$9,400
43$9,000
44$8,600
45$8,200
46$7,800
47$7,400
48$7,000
49$6,600
50$6,200
51$5,800
52$5,400
53$5,000
54$4,800
55$4,600
56$4,400
57$4,200
58$4,000
59$3,800
60$3,600
61$3,400
62$3,200
63$3,000
64$2,800
65$2,600
66$2,400
67$2,200
68$2,000
69$1,880
70$1,760
71$1,640
72$1,520
73$1,400
74$1,320
75$1,240
76$1,160
77$1,080
78$1,000

Are you excited? Who are you rooting for this year? Is Bernhard Langer your pick? Please share your views with us in the comments below.

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Written by:

Saumya Yashawant

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One take at a time

A Commerce graduate who turned her passion into her profession, Saumya is a Golf writer at Essentially Sports. Having developed the love for the sport at a very young age, she watched Tiger Woods and caught inspiration from his legacy early on. Apart from Woods, she shares great admiration for her country's players like Vishwanathan Anand and Neeraj Chopra.
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Edited by:

Manaal Siddiqui

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