2024 Cologuard Classic: Prize Money Breakdown and Winner’s Payout

Published 03/09/2024, 3:30 AM EST

As the PGA Tour Champions proceeds, the second event of the season is around the corner. After nine years of being played at Omni Tucson National, this year’s event is at a new venue, La Paloma Country Club in Tucson, Arizona. The tournament features a field size of 78 veteran players, including the reigning champion, David Toms, the 2022 Charles Schwab Cup winner, Steven Alker, and the 2022 Cologuard Classic champion, Miguel Angel Jimenez.

Along with the purse of a whopping $2.2 million – which is the same as 2023 – a lot of other things will also be at stake for the veteran golfers. The $2.2 million will be distributed among all the players since there is no cut. The standard payout percentages and distribution will be followed.

The winner’s share will be $330,000, equivalent to 15 percent of the overall prize pool. The runner-up will receive 8.8% of the total purse, amounting to $176,000. Here’s the position-wise breakdown of the total prize money.

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1	15.00%	$300,000
2	8.80%	$176,000
3	7.20%	$144,000
4	6.00%	$120,000
5	4.80%	$96,000
6	4.00%	$80,000
7	3.60%	$72,000
8	3.20%	$64,000

9	2.80%	$56,000
10	2.60%	$52,000
11	2.40%	$48,000
12	2.20%	$44,000
13	2.00%	$40,000
14	1.90%	$38,000
15	1.80%	$36,000
16	1.70%	$34,000

17	1.60%	$32,000
18	1.50%	$30,000
19	1.41%	$28,200
20	1.32%	$26,400
21	1.24%	$24,800
22	1.16%	$23,200
23	1.10%	$22,000
24	1.05%	$21,000

25	1.00%	$20,000
26	0.95%	$19,000
27	0.91%	$18,200
28	0.87%	$17,400
29	0.83%	$16,600
30	0.79%	$15,800
31	0.75%	$15,000
32	0.72%	$14,400

33	0.69%	$13,800
34	0.66%	$13,200
35	0.63%	$12,600
36	0.60%	$12,000
37	0.57%	$11,400
38	0.55%	$11,000
39	0.53%	$10,600
40	0.51%	$10,200

41	0.49%	$9,800
42	0.47%	$9,400
43	0.45%	$9,000
44	0.43%	$8,600
45	0.41%	$8,200
46	0.39%	$7,800
47	0.37%	$7,400
48	0.35%	$7,000
49	0.33%	$6,600
50	0.31%	$6,200
51	0.29%	$5,800
52	0.27%	$5,400
53	0.25%	$5,000
54	0.24%	$4,800
55	0.23%	$4,600
56	0.22%	$4,400
57	0.21%	$4,200
58	0.20%	$4,000
59	0.19%	$3,800
60	0.18%	$3,600
61	0.17%	$3,400
62	0.16%	$3,200
63	0.15%	$3,000
64	0.14%	$2,800
65	0.13%	$2,600
66	0.12%	$2,400
67	0.11%	$2,200
68	0.10%	$2,000
69	0.09%	$1,880
70	0.09%	$1,760
71	0.08%	$1,640
72	0.08%	$1,520
73	0.07%	$1,400
74	0.07%	$1,320
75	0.06%	$1,240
76	0.06%	$1,160
77	0.05%	$1,080
78	0.05%	$1,000

TOTAL

$2.2 million

The Irish professional golfer Padraig Harrington and the 2021 RBC Heritage winner Stewart Cink made their debuts this week in Tucson. The presence of esteemed figures, including ambassador of Cologuard Jerry Kelly and members of the World Golf Hall of Fame Fred Couples, Ernie Els, Retief Goosen, and Colin Montgomerie, makes the event intriguing.

Another benefit of the event is that the earnings this week will count toward the Charles Schwab Cup points. Every dollar earned will lead to a regular season point, which will then contribute to the qualification process for the Charles Schwab Cup playoffs in 2024. At the end of the 2024 season, the top five players in the final rankings will receive portions of the $2.1 million bonus pool in the form of annuities.

Other than the lucrative price pool, points, and the display of exceptional golfing skills, the event also has a few other interesting philanthropic elements.

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2024 Cologuard Classic cares for society too

Partnering with the Folds of Honor Foundation, the Cologuard Classic is encouraging fans to wear patriotic colors in support of the U.S. military. The event’s second round, aptly named “Dress in Blue Day,” aligns with National Colorectal Cancer Awareness Month. Fans, players, and caddies are invited to wear blue, fostering awareness for colon cancer.

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“This is a movement, not just a golf tournament.” ❤️
@CologuardGolf kicks off Colorectal Cancer Awareness Month (March) by raising awareness of colon cancer.
Tournament host @JerryKelly13PGA shares why this event is so special. pic.twitter.com/ybwemGEbjL
— PGA TOUR Champions (@ChampionsTour) March 8, 2024

Since 2018, the event organizers have donated over $3.1 million to support youth sports and raise awareness for initiatives aimed at preventing colon cancer in Southern Arizona. Golf enthusiasts who contribute non-perishable food items or make a minimum donation of $5 to the Community Food Bank of Southern Arizona will get a complimentary entry to the tournament on Saturday.

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Are you excited to see the event? You can catch the action live on Golf Channel on all three days! Let us know who you think will win this year!

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Written by:

Naman Kumar is a Golf Writer at EssentiallySports. An expert in analytical pieces, he never fails to awe his readers with his niche coverage of big names in the sport. He is also an expert in predictability pieces, where he explores the immediate future of players, be it through where they’ll play next or whether injuries will cause them to withdraw from an event.

Edited by:

Riya Singhal

2024 Cologuard Classic: Prize Money Breakdown and Winner’s Payout

2024 Cologuard Classic cares for society too

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