Since 2013, 50 Korn Ferry Tour golfers earn privileges during the next PGA Tour season, which now begins the month after the Tour Finals. The top 25 money winners over the regular season (i.e., before the Tour Finals) receive PGA Tour cards, as do the top 25 money winners in the Finals. The priority position of all 50 golfers on the PGA Tour is based on money earned during the Tour Finals, except that the regular season money leader shares equal status with the Finals money leader. In addition, a golfer who wins three events on that tour in a calendar year earns a "performance promotion" (informally a "battlefield promotion") which garners PGA Tour privileges for the remainder of the year plus the following full season.[35]
Team: A United States team of 12 elite players competes in the Ryder Cup and the Presidents Cup in alternate years. The Ryder Cup, pitting a team of U.S. golfers against a European team, is arguably the highest profile event in golf, outranking the majors. The Presidents Cup, which matches a team of U.S. golfers against an international team of golfers not eligible for the Ryder Cup, is less well established, but is still the main event of the week when it is played. There is no prize money in these events, so they are irrelevant to the money list, but an immense amount of pride rides on the results.
An organization called the PGA European Tour, separate from both the PGA Tour and the PGA of America, runs a tour, mostly in Europe, but with events throughout the world outside of North America, that is second only to the PGA Tour in worldwide prestige. Several other regional tours are around the world. However, the PGA Tour, European Tour, and many of the regional tours co-sponsor the World Golf Championships. These, along with the major championships, usually count toward the official money lists of each tour as well as the Official World Golf Ranking.[citation needed]
The PGA Tour also conducts an annual Qualifying Tournament, known colloquially as "Q-School" and held over six rounds each fall. Before 2013, the official name of the tournament was the PGA Tour Qualifying Tournament; it is now officially the Korn Ferry Tour Qualifying Tournament. Through the 2012 edition, the top-25 finishers, including ties, received privileges to play on the following year's PGA Tour. Remaining finishers in the top 75, plus ties, received full privileges on the Korn Ferry Tour. Since 2013, all competitors who made the final phase of Q-School earned status on the Korn Ferry Tour at the start of the following season, with high finishers receiving additional rights as follows:[34]
Due to increases in prize funds over the years, this list consists entirely of current players. Two players on the list, Vijay Singh and Davis Love III, are eligible for PGA Tour Champions (having respectively turned 50 in February 2013 and April 2014). Both have lifetime exemptions on the PGA Tour for 20 wins and 15 years on the Tour, and Love has won a tournament on the main PGA Tour since turning 50. The figures are not the players' complete career prize money as they do not include FedEx Cup bonuses, winnings from unofficial money events, or earnings on other tours such as the European Tour. In addition, elite golfers often earn several times as much from endorsements and golf-related business interests as they do from prize money.
The PGA Tour's broadcast television rights are held by CBS Sports and NBC Sports, under contracts most recently renewed in 2011 to last through 2021. While it considered invoking an option to opt out of its broadcast television contracts in 2017, the PGA Tour ultimately decided against doing so. Golf Channel (which, since the acquisition of NBC Universal by Golf Channel owner Comcast, is a division of NBC Sports) has served as the pay television rightsholder of the PGA Tour since 2007, and its current contract will also expire in 2021. Under the contracts, CBS broadcasts weekend coverage for an average of 20 events per-season, and NBC broadcasts weekend coverage for an average of 10 events per-season. Golf Channel broadcasts early-round and weekend morning coverage of all events, as well as weekend coverage of events not broadcast on terrestrial television, and primetime encores of all events.[40][41][42] Tournaments typically featured in NBC's package include marquee events such as The Players Championship, the final three tournaments of the FedEx Cup Playoffs, and the biennial Presidents Cup event. The 2011 contract granted more extensive digital rights, as well as the ability for NBC to broadcast supplemental coverage of events on Golf Channel during its broadcast windows.[43] On December 16, 2019, it was reported that the PGA Tour had reached an agreement in principle to renew its existing contracts with CBS and NBC through 2030, maintaining the existing broadcast arrangements, but with coverage of the final three playoff tournaments alternating annually between CBS and NBC (rather than having them exclusive to NBC).[44]
The tour began 91 years ago in 1929 and at various times the tournament players had attempted to operate independently from the club professionals.[1][5] With an increase of revenue in the late 1960s due to expanded television coverage, a dispute arose between the touring professionals and the PGA of America on how to distribute the windfall. The tour players wanted larger purses, where the PGA desired the money to go to the general fund to help grow the game at the local level.[6][7] Following the final major in July 1968 at the PGA Championship, several leading tour pros voiced their dissatisfaction with the venue and the abundance of club pros in the field.[8] The increased friction resulted in a new entity in August, what would eventually become the PGA Tour.[9][10][11][12] Tournament players formed their own organization, American Professional Golfers, Inc. (APG), independent of the PGA of America.[13][14][15] Its headquarters were in New York City.[10]
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