Perhaps, it has happened in a somewhat ham-handed fashion; nevertheless, it has happened. With the advent of the FedExCup, the American public has been presented with a formal ranking of PGA Tour tournament prestige, or worth (at least with reference to this particular system, which, given its ten million dollar annual prize, is a pretty influential system).
The merits of the system itself aside, I propose that there are really only two “Majors,” and that the rest of the tournaments are filler. Really, though, every tournament ought to strive to create its own culture, history, and prestige (in short, marketability). However, the absence, presence, or overabundance of such does not necessarily make any particular tournament a Major.
What does then?