Open Championship prize money increased by £200,000
The winner of this year’s Open Championship at Royal Troon will take home £1.175million, a rise of £25,000 on 2015.
Total prize money for The Open, which starts on Thursday week, will be £6.5m, an increase of £200,000. Last year’s champion, Zach Johnson, received £1.15m pounds when he won the event at St Andrews. The runner-up will receive £675,000 and the third-placed player £433,000, down to £15,000 for 70th.
But while the headline figures are higher, the slump in the value of the pound following the leave result in the referendum on Britain's EU membership means that players from outside the UK will be taking home less money than last year.
Taking the value of the pound against the US dollar last July, Johnson took around $1.8m back across the Atlantic with him. But after the pound hit a 31year low against the dollar on Tuesday, any American winner of the Claret Jug next week would claim around £1.5m - and less if the pound falls further.
“The Open is one of the world’s great sporting events and it is important that this is reflected in the prize fund,” said Martin Slumbers, chief executive of The R&A. “We want to continue to attract the world’s best golfers to compete in the Championship each year and to enhance its global appeal.”