The PGA's Price Tag: A Symbol of Shifts in Professional Sports Economics The recent announcement that the PGA Championship has joined the Masters and U. S.
Open with a $20 million purse has sent ripples through the golf world. On its surface, this development seems like a straightforward case of one major championship catching up with its peers.
However, scratch beneath the surface to find a more nuanced story about the evolving economics of professional sports. The trend of increasing prize purses is evident across professional sports.