JOURNAL ARTICLE
The Masters winner this year will make 100 times more in today's value than the inaugural golf tournament's big prize in 1934.
Published In: Fortune.com, 2025. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Lake, Sydney 3 of 3
Abstract
The article discusses the significant increase in prize money for winners of the Masters golf tournament since its inception in 1934. Initially, the winner received a $1,500 prize, equivalent to nearly $36,000 today, while the 2024 winner, Scottie Scheffler, earned $3.6 million, reflecting a total purse of $20 million. The article highlights the enduring traditions of the Masters, such as the green blazer and the Champions Dinner, and includes perspectives from professional golfers like Rory McIlroy, who emphasizes that the focus should be on the sport rather than the financial rewards. It also compares the purchasing power of past and present winnings, illustrating how today's payouts can afford significant purchases, such as homes and luxury cars. [Extracted from the article]
Additional Information
- Source:Fortune.com. 2025/04, pN.PAG
- Document Type:Article
- Subject Area:Sports and Leisure
- Publication Date:2025
- Accession Number:184343114
- Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Looking to go deeper into this topic? Look for more articles on EBSCOhost.