Revealed: The Prize Money Amount Tiger Woods Received for His First PGA Tour Victory

Published 10/06/2021, 3:30 PM EDT
ATLANTA, GA – SEPTEMBER 23: Tiger Woods of the United States reacts during the trophy presentation ceremony after winning the TOUR Championship at East Lake Golf Club on September 23, 2018 in Atlanta, Georgia. (Photo by Kevin C. Cox/Getty Images)


Tiger Woods’ 82 PGA tour title victories have spanned over 23 years, many continents, and also the occasional injury and accident. However, one specific victory of Woods’ career was probably a little sweeter than the rest.

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On October 6, 1996, Tiger Woods won his first-ever PGA tour title, the same year he turned professional.

His historic win at the Las Vegas International started his journey to becoming a PGA Tour legend. It was also the start of his glittering career as he became the richest golfer, and one of the richest athletes on the planet.

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Woods‘ triumphs on the tour are unlike any other. He has the highest tour earnings ever recorded, at $120,851,706. Although, 2021 has witnessed Woods on the sideline owing to his car accident. Notwithstanding this fact, he featured 25th on Forbes’ list of the highest-paid athletes in 2021. This is a feat that only Woods is capable of!

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Tiger Woods: The win that opened his fortune

Founded in 1983, a change in organizers has resulted in a variety of names. The then Las Vegas International had a purse of $1,650,000. For those times, that’s a crazy sum. Las Vegas International was not only one of the most prestigious but also the first to offer a purse of over one million dollars.

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Of that, the winner’s payout was a massive $297,000, which went into Woods’ wallet. In a sweet gesture, he has the massive cheque from this sentimental victory put up in his office.

In an interview with Golf Digest, Woods later said, “I was paid by Nike and Titleist, big contracts, but I’d never earned it on the golf course. This was the most amount of money I’d ever earned playing golf.”

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Interestingly, a research-based study by Sporting Intelligence introduced something known as the ‘Tiger effect’. It explains the hike in the prize money of the tour winners, owing to an increase in popularity, sponsorships, and endorsements. These changes came about courtesy of Woods’ dominance, that led to the massive popularity of golf around the globe.

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Ishita Bhargava

150 articles

Ishita Bhargava is a Golf content writer at Essentially Sports. Currently pursuing her undergraduate degree from the Shri Ram College of Commerce, she has a keen interest in sports and fitness. When not playing or watching a sports event, Ishita can be seen spending time with her pets or binge-watching.

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