Bigger paydays are coming to the Korn Ferry Tour.
The developmental circuit announced Tuesday that it will significantly increase purses over the next two seasons, with each tournament featuring a total prize money of at least $1 million beginning with the 2023 season.
The purse increases were approved by the Policy Board in March 2020, to be implemented for the following season, but were delayed because of the costs associated with dealing with the COVID-19 pandemic.
Beginning next year, the minimum purse for a regular-season Korn Ferry Tour event will be $750,000, a year-over-year increase of $150,000.