The PGA Tour Champions season is coming to an end with the 2024 Charles Schwab Cup Championship. 35 of the best senior pros are battling it out for final glory at the Phoenix Country Club. Fans will get to witness the likes of Vijay Singh, Bernhard Langer, Ernie Els, and many more showcase their years of experience on the course.

But apart from the title, what else are they playing for? Let’s check out the prize money for the 2024 Charles Schwab Cup Championship.

2024 Charles Schwab Cup Championship Purse

The 2024 Simmons Bank Championship was an exciting event for many reasons. In the end, the top 35 players from the tournament went on to be a part of the 2024 Charles Schwab Cup Championship. Being the final event of the season, the Arizona-based event has a lot of financial gains to offer for the legends of the game.

According to the PGA Tour website, all the pros will be fighting for a total prize money of $3 million. That’s $700,000 more than the penultimate event at the Pleasant Valley Country Club. The winner of the tournament will bag nearly $200,000 more in the final tournament with $528,000. That’s 17.6% of the total prize money, which is 2.6% more than the standard winner’s payout according to the PGA Tour Champions’ prize money distribution chart. Even the second-placed player gets a bigger share of the total purse with $300,000. That’s 10% of the prize money as compared the the standard payout of 8.8%. The trend carries on further down the list as well with the third-place finisher receiving a whooping $252,000, which is 8.4% of the purse value.

Players who are ranked 4th and 5th will receive $210,000 and $180,000 respectively. The last three ranks which can win more than $100k will earn $151,500, $120,000, and $105,000 for the 6th, 7th, and 8th positions respectively. The remaining $1,153,500 will be distributed among players ranked from 9th to 35th.

One of the reasons behind the difference in the standard payout and the 2024 Charles Schwab Cup Championship is the smaller field size. The capacity for the Phoenix Country Club event is less than half of the standard field size.

So with the numbers laid out, who are the top contenders to bag the maximum from the tournament? Let’s find out.

Top competitors to look out for

The winner of the 2023 Charles Schwab Cup Championship has come back this year to defend his title. Steven Alker will be eager for back-to-back wins at Phoenix. He is already at T4. But he is facing stern competition from Stewart Cink, who sits at the top with 8 fewer strokes than the former at -12. He is followed by another fierce competitor, Bernhard Langer. Langer himself is at -9 going into the penultimate round of the tournament.

The defending champion is also being chased by two other favorites who are quite capable of turning things around and taking the lead on the board. One of them comes in the form of the 2022 winner, Padraig Harrington. The Irishman is just one stroke away from Alker at -3. Another legend who has a habit of winning tournaments is Ernie Els. The ample experience Els has in tense situations makes him a threat even with a score of -3 going into Round 3.

So, who do you think will capture the 2024 Charles Schwab Cup Championship and bag the $528,000 prize money? Let us know in the comments section.