The Master Tournament is the most prestigious golf tournament in the world. Held annually at Augusta National Golf Club since 1934, this event attracts over 90 professional and amateur golfers from around the globe to compete for a coveted green jacket and grand prize money. Every year, millions of people tune in to watch some of the greatest players in the game battle for supremacy - and prize money. In 2022, for example, over $15 million was given out as prize money to the top competitors.
As we look ahead to 2023, there is sure to be plenty of hype surrounding the competition. Here is a complete breakdown of what you can expect from the upcoming Master Tournament:
Field & Format
The Master Tournament will feature a maximum of 96 players, with entrants vying for one of the coveted spots through exemptions. Most of these exemptions will go to those who qualify based on performance in major golf tournaments. These include performances such as winning a PGA Tour event or finishing within the top 50 at the end of any tour season. Special invites may also be extended to professionals from around the globe, giving additional hopefuls an opportunity to compete.
The tournament itself is played according to stroke play rules, over four rounds and 72 holes. After 36 holes have been completed, the field is cut down to include only those competitors whose scores are at or below ten over par (or better). This cut-off ensures that only the best of the best are able to make it through and compete for the title.
The total purse for the Master Tournament has steadily increased over the years, with $11 million awarded in 2021. And $15 million last year. The winner will typically be awarded a large portion of this prize money - usually around 60% - and, of course, a green jacket, which is considered one of golf’s most prestigious awards.
According to early reports, the 2023 Master prize money is all set to be a staggering $18 million. This means that the 2023 Master purse winner will take home one of the highest cash prizes in the history of golfing tournaments.
Broadcast & Sponsorship
The popularity of the Master Tournament means that it is broadcast worldwide. Every shot and every putt can be watched live from Augusta National Golf Club. Of course, with a full suite of commentators providing exciting analysis and commentary throughout.
Similarly, sponsorship deals are also a major part of the master tournament’s success. Companies such as Nike and Rolex have signed multi-year sponsorships for the event.
The Master Tournament is one of the most prestigious golf tournaments in the world, and with over $18 million set to be awarded in prize money, it is sure to become even more popular in 2023. Fans from across the globe can look forward to watching some of the greatest players competing for glory with every shot and putt covered live. So, be sure to tune in and enjoy all that the Master Tournament has to offer!