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Greetings .... Nationwide is definitely on the side of Jack Nicklaus and his Memorial Tournament. The insurance firm has announced a renewal of its sponsorship commitment thru 2021, as well as a sizable increase of the tournament purse -- going from $ 6.2 million in 2015 ($1.116 million-1st prize) to $ 8.5 million in 2016 (at least $1.53 million-1st prize; article says $1.615 million) . Full Golf Channel News Article The purse increase puts the Memorial equal with the Fed Ex Cup playoff events. Only the three in-the-USA WGC events, the Players Championship and the four Grand Slam Majors offer higher purses. Thanx-A-Lot, Frank-0-Sport.