"KPGA Prize Money Surpasses 25 Billion Won, Record High"

22 Tournaments Confirmed with a Total Scale of 18.15 Billion KRW
Record High with 4 Additional Tournaments Including Korea Open
7 New Tournaments Established, KPGA Championship at 1.6 Billion KRW

The 2024 season of the Korea Professional Golfers' Association (KPGA) Tour is expected to be the largest ever.

Kim Won-seop, Chairman of KPGA, is answering questions from the press at the inauguration meeting.

On the 6th, KPGA held an inauguration meeting for Chairman Kim Won-seop at the Press Center in Jung-gu, Seoul, announcing that "22 tournaments have been confirmed, and the total prize money for the season is likely to surpass 25 billion KRW for the first time in history." The season will run for about seven months, starting with the opening event, the 19th DB Insurance Promy Open (total prize money of 700 million KRW), held on April 11 at La Vie Belle Country Club in Chuncheon, Gangwon Province, and concluding with the final tournament, the Jeju KPGA Tour Championship, on November 10.

The number of tournaments remains the same as last season at 22. The current total prize money stands at 18.15 billion KRW. If the prize money for four tournaments? the 43rd GS Caltex Maekyung Open, the Kolon 67th Korea Open, the Genesis Championship, and new tournaments? which have not yet been finalized, are added, the total could exceed 25 billion KRW. Last year, the Maekyung Open had a prize pool of 1.3 billion KRW, the Korea Open 1.4 billion KRW, and the Genesis Championship 1.5 billion KRW. The previous record for the largest total prize money was 23.7 billion KRW in the 2023 season.

Seven new tournaments will be introduced this year, including the KPGA Founders Cup, Webcash Group-Wonder Club Open, and the Dong-A Socio Group Charity Open (tentative name). The tournament with the largest prize money is the 67th KPGA Championship, which has increased by 100 million KRW from last year to 1.6 billion KRW. The minimum total prize money for KPGA Tour events has risen from 500 million KRW last year to 700 million KRW. There are four co-hosted tournaments with foreign tours. Chairman Kim expressed, "There are still discussions underway for new tournaments to be held," and added, "I would like to thank everyone who has helped make this a rich and fulfilling season."