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