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Million Dollar NWT event


Shindig
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The Nationwide Tour Championship in 2008 will have a $1 million purse, with $180,000 going to the winner. I'm curious: how long did it take for the PGA Tour to have an event with that purse?

I'm guessing the 18% rule was still in effect for all these times; Tom Watson made $360,000 in 1987 at the Tour Championship, implying a purse of $2 million. However, the 1986 Masters first prize was $144,000, and I believe that championship has a larger purse than most.

Does anyone know which tournament was the first to offer a seven figure purse, or how I would find out?

-- Michael | My swing! 

"You think you're Jim Furyk. That's why your phone is never charged." - message from my mother

Driver:  Titleist 915D2.  4-wood:  Titleist 917F2.  Titleist TS2 19 degree hybrid.  Another hybrid in here too.  Irons 5-U, Ping G400.  Wedges negotiable (currently 54 degree Cleveland, 58 degree Titleist) Edel putter. 

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That is quite impressive. I wonder how much impact that amount of prize money will have on the money list standings. My guess is a considerable amount.

Driver: FT-3 Tour 10.5, Grafalloy ProLaunch Blue 75-S
FW: Insight XTD Pro FP400F 14.5, Graphite Design Tour AD YSQ FW Stiff
Hybrids: G10 18 / 21, AWT Stiff
Irons: Steelhead X-14 PS 4-A, DG S300
Wedge: Vokey SM58.12Putter: 35" Studio Design 1.5Ball: B330, Z Star X or AD333, or D2 Feel...

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That is quite impressive. I wonder how much impact that amount of prize money will have on the money list standings. My guess is a considerable amount.

I think the situation before this was that anyone who won the tour championship was guaranteed to get into THE 25 and get a PGA TOUR card for the next year.

-- Michael | My swing! 

"You think you're Jim Furyk. That's why your phone is never charged." - message from my mother

Driver:  Titleist 915D2.  4-wood:  Titleist 917F2.  Titleist TS2 19 degree hybrid.  Another hybrid in here too.  Irons 5-U, Ping G400.  Wedges negotiable (currently 54 degree Cleveland, 58 degree Titleist) Edel putter. 

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Note: This thread is 6027 days old. We appreciate that you found this thread instead of starting a new one, but if you plan to post here please make sure it's still relevant. If not, please start a new topic. Thank you!

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