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The American Express 2023: Prize Money Breakdown and Winner’s Payout

Published 01/21/2023, 3:30 AM EST

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The year started with a bang for golf fans with the Sentry Tournament earlier this month. The excitement was soon followed by the Sony Open at Waialae Country Club. Now the PGA Tour travels to California for the third event of the year, the American Express. With its huge purse and competitive field, the event is sure to keep golf fans on the edge of their seats for the four days.

The defending champion, Hudson Swafford, will not be at the event. The pro defected to LIV Golf last year and is therefore banned from participating in PGA Tour events. This means the event will see a new champion take hold of the trophy.

The competitive field of the American Express

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The event sees a huge field of 156 players. the American Express is one of two Tour pro-am events held during the year, and the pros play with an amateur for the first three days. The players also rotate between three different courses for the first three rounds.

USA Today via Reuters

Unlike the typical Tour events, this tournament sees a cut made after the third round instead of the second. 65 players and ties will move on to play the final round. Among those competing for the title is Jon Rahm, who earlier this month beat the competitive field of the Sentry TOC. Joining his is also, World Rank 2 Scottie Scheffler, and Tony Finau.

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Each of them will be looking for a win, hoping to get their hands on the title and the perks that come along with it. All the players who make it to the final round will receive a part of the purse.

How much does the winner take from the Tour event?

As per Golf News Net, The total purse of American Express for 2023 stands at $8 million. The winner will receive the standard 18% payout as per the PGA Tour’s prize money distribution chart. This will see him take home a whopping $1,422,000.

USA Today via Reuters

In addition to the huge prize money, the winner will also earn 500 FedEx Cup points. He will also receive 52 Official World Golf Ranking points, which are based on field strength. The winner will also receive a two-year PGA Tour exemption and an exemption into the Tournament of Champions next year.

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Prize Money Breakdown

PositionPayout
1$1,440,000
2$872,000
3$552,000
4$392,000
5$328,000
6$290,000
7$270,000
8$250,000
9$234,000
10$218,000
11$202,000
12$186,000
13$170,000
14$154,000
15$146,000
16$138,000
17$130,000
18$122,000
19$114,000
20$106,000
21$98,000
22$90,000
23$83,600
24$77,200
25$70,800
26$64,400
27$62,000
28$59,600
29$57,200
30$54,800
31$52,400
32$50,000
33$47,600
34$45,600
35$43,600
36$41,600
37$39,600
38$38,000
39$36,400
40$34,800
41$33,200
42$31,600
43$30,000
44$28,400
45$26,800
46$25,200
47$23,600
48$22,320
49$21,200
50$20,560
51$20,080
52$19,600
53$19,280
54$18,960
55$18,800
56$18,640
57$18,480
58$18,320
59$18,160
60$18,000
61$17,840
62$17,680
63$17,520
64$17,360
65$17,200

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Who do you think will take home the perks and the money this year? Let us know in the comments below.

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Written by:

Sheldon Pereira

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One take at a time

Sheldon is a golf writer at EssentiallySports. He is a Business graduate from Christ University, with a degree in Finance and Accounting. He also has an experience as a Senior Audit Associate at an MNC, but his love for writing made him follow his dream and switch careers.
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Edited by:

Manaal Siddiqui

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