2024 Hoag Classic: Prize Money Breakdown and Winner’s Payout
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The Hoag Classic, one of the most anticipated events on the PGA Tour Champions calendar, boasts a $2 million purse. The event took place from March 20 to 24, 2024 at the Newport Beach Country Club. The prize money in the 54-hole no-cut tournament has other perks attached to it. Per the PGA Tour Champions rules, the total earnings get converted to Charles Schwab Cup points ($1 = 1 point).
The top 72 players in the rankings get a chance to tee off at the first of the three Charles Schwab Cup playoffs. From there 54 players will head to the second event, and only the top 36 will move to the final event, the Charles Schwab Cup Championship, a 72-hole tournament. The Hoag Classic event is currently headed by Padraig Harrington and Miguel Angel Jimenez. The three-time Major Champion is looking for his seventh PGA Tour Champions victory in Newport Beach.
Purse breakdown of the 2024 Hoag Classic
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The $2 million purse is $200,000 less than the last event, the Cologuard Classic. A standard 15% is reserved for the winner of each event, which translates to $300,000 for the Hoag Classic, again, $30,000 less than what Joe Durant nabbed for his Cologuard Classic triumph last month. Here is the full purse size breakdown for the only PGA Tour Champions event in Orange County.
| Position | Prize 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 |
| 73 | $1,400 |
| 74 | $1,320 |
| 75 | $1,240 |
| 76 | $1,160 |
| 77 | $1,080 |
There are no official World Gold Ranking points in PGA Tour Champions events. The Hoag Classis comes with a significant payday along with the winner getting better status and access on tour. Fans can catch the live streaming on the Golf Channel and PGA TOUR TV.
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Stars to watch out for in the final round
Padraig Harrington complemented his first-round 8-under 63 with a 4-under 67 in the second round. The Irishman has the overnight lead with Thongchai Jaidee. The money-list topper of the Asian Tour is giving him a hot chase at 11-under.
63 today, 8 under. One behind. Scored better than I played. Nice when it goes your way. @HoagClassic @ChampionsTour pic.twitter.com/30gT0GPVu5
— Padraig Harrington (@padraig_h) March 23, 2024
Steve Stricker, who broke Tiger Woods’s streak of making consecutive cuts last year, is four shots off the lead at 8-under, carding 67 in both rounds. Stricker, a 17-time winner on the Champions Tour, netted six titles and five runner-ups last season.
Here he comes 👀
Steve Stricker has three birdies in his last three holes and is currently -6 @HoagClassic pic.twitter.com/jL7r2qMiNO
— PGA TOUR Champions (@ChampionsTour) March 23, 2024
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The Jack Nicklaus PGA Tour Champion’s Player of the Year also entered THE PLAYERS Championship last week on the back of his Kaulig Companies Championship triumph. However, the 57-year-old failed to make the cut, posting a 2-over 146 at TPC Sawgrass. But Stricker already has two top-10s this season in the PGA Tour Champions.
Jim Furyk, a three-time PGA Tour champion, sits in the 16th spot with the defending champion, Ernie Els. On the other hand, the PGA Tour’s most colorful star, John Daly, is languishing at the 77th spot in the leaderboard. Daly withdrew from the Chubb Classic last month after shooting 70 in the first round. The hometown favorite, Fred Couples, pulled out after the first round of the Hoag Classic.
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Written by:
Edited by:
Riya Singhal
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