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2024 Mitsubishi Electric Classic: Prize Money Breakdown & Winner’s Payout

Published 04/28/2024, 10:00 AM EDT

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USA Today via Reuters

On the 2024 PGA Tour Champions, the eighth event, the Mitsubishi Electric Classic is ongoing. This long-running event with no cuts at the esteemed TPC Sugarloaf in Duluth, Georgia, has grown to be a regional favorite for golf enthusiasts and a must-play for the game’s legends.

The Mitsubishi Electric Classic is in its 27th year. The event has a long history and has hosted some of the biggest golfers. The event, which is in its final round, promises an entertaining finale of top-notch golf action. Golfers such as Paul Broadhurst, Stephen Ames, Steven Alker, K.J. Choi, and Lee Janzen are currently at the top of the leaderboard. The enthralling event will end in a few hours, and a purse worth $2 million is at stake! What share will the winner and the rest take home after the event? Let’s find out!

Breaking down the purse and winner’s share

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As is customary for PGA Tour Champions, the winner of the 2024 Mitsubishi Electric Classic will receive a hefty $300,000 winner’s share or 15% of the prize. The runner-up of the event will get $176,000, and the third-place holder will bag a check worth $144,000. The entire prize money breakdown for the remaining field is as follows:

RankPrize Money
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

This renowned competition is important not just because of the cash reward but also because other important benefits are up for grabs. Earned dollars are converted into Charles Schwab Cup regular season points, which determine the players’ eligibility for the lucrative postseason.

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This event is critical for players’ placement since the top five players in the final Charles Schwab Cup standings will split a bonus pool of $2.1 million, paid as annuities. However, since the PGA Tour Champions does not award world ranking points, the tournament will not provide any OWGR rankings.

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There will be many viewing possibilities for anyone hoping to see the thrilling finish on Sunday. Here is how you can catch the action!

How to watch the final round of the Mitsubishi Electric Classic?

Golf Channel will broadcast live coverage of the action from TPC Sugarloaf in Duluth, Georgia, from 2:45 p.m. to 6 p.m. ET. Watchers may tune in to witness which golfer will win the $2 million purse and take home the $300,000 winner’s share. The final round looks to be an exciting one, with a packed lineup that includes defending champion Stephen Ames, David Toms, Miguel Angel Jimenez, and Steve Alker.

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via Imago

PGA Tour Live will offer extensive web coverage of the event via its highlighted groups and featured hole feeds, in addition to television coverage. This enables spectators to concentrate on the crucial moments at TPC Sugarloaf or watch every shot made by their favorite players. Who do you think will win in Georgia? Tell us your picks in the comments below.

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Written by:

Aryan Sharma

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Aryan Sharma is a Golf Writer at EssentiallySports. He shares an immense passion for the sport and is of the strong opinion that Tiger Woods deserves the title of GOAT for all he has accomplished in golf. Aryan is also an expert in all things Bryson DeChambeau and has covered niche stories about the golfer’s needs and wants, especially his desire to play on the PGA Tour once more.
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Edited by:

Riya Singhal

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