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PGA Tour vs. LIV Golf TV ‘Showdown’ Will Pay Out $10M Crypto Purse

Nov 29, 2024

What would a PGA Tour vs. LIV Golf battle be without a little cash up for grabs? Actually, a lot of cash.

Next month’s made-for-TV team golf match in Las Vegas will see Rory McIlroy and Scottie Scheffler compete against Bryson DeChambeau and Brooks Koepka for a purse of at least $10 million, Front Office Sports has learned. And the purse will be paid in crypto.

On Tuesday, a new title sponsor was announced that will see the event officially named the Crypto.com Showdown. The announcement said the match would feature “a multimillion-dollar purse to be paid in CRO cryptocurrency,” which is the native token of the Cronos blockchain created by Crypto.com.

A spokesperson told FOS it is an eight-figure purse, but would not share details about exactly how it will be distributed among the winning and losing teams.

A figure of at least $10 million makes the prize money for the four-player event larger than most standard tournaments on the PGA Tour (outside of major championships and signature events), which typically range from roughly $8 million to $9 million, with winners taking home first-place checks of more than $1 million.

Source: Front Office Sports

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