The 2024 Simmons Bank Championship will conclude in just a few hours. The 54-hole PGA Tour event at the Pleasant Valley Country Club in Arkansas, USA, kicked off on Friday. After playing 36-holes, currently, Padraig Harrington and Steven Alker are tied for the lead as they enter the final round. Harrington began his Saturday round with a bogey but compensated for it by carding an eagle on the par-5 eighth hole and six birdies alongside. He bagged an impressive 7-under 65.

Alker carded three birdies and a bogey on the par-4 sixteenth hole, scoring 2-under 70. Six golfers are following them with a T3 finish, two strokes away at 10-under. If Harrington enters the final round with the same momentum as the second day, there is no doubt that he will take home the trophy this year.

How much money will Padraig Harrington take home if he wins the 2024 Simmons Bank Championship?

The 2024 Simmons Bank Championship has a total prize money of $2.3 million. Along with the trophy, the winner will get the highest share of the purse, which is the more than the standard 15% according to the PGA Tour Champions’ Prize Money distribution chart. According to GNN, if Padraig Harrington manages to bag the win on Sunday, he will be taking home a whopping $365,00 with him. While the runner-up and second runner-up will be getting $210,000 and $183,000, respectively. 

Notably last year the purse was 1.5 million while the winner’s share was $270,000. So this year there is a staggering 53.3% increase in the purse than the previous year. Grayson Murray was the winner of the 2023 Simmons Bank Open by three strokes over Mason Anderson, Carter Jemkins, and Jamie Lovemark.

The field has 51 players competing for the trophy. While the chart demonstrates money distributed among 54 players. However, all the players will be taking some portion from the purse home. The one who finishes at the bottom of the leaderboard on Sunday will take home the least, $6,670. Here is what the final payout of the PGA Tour event in the USA looks like:

Well, the 2024 Simmons Bank Championship comes with a lot of added perks and benefits, especially for the winner, apart from the monetary winnings too.

The money earned will be converted into the Charles Schwab Cup points list

The total money the players earn will be added to their Charles Schwab Cup points list. Every dollar made will be generated into two playoff points for them to qualify for the upcoming Charles Schwab Cup Challenge playoffs scheduled to take place in November. Only 36 top players on the standings will be able to make it to the field, and with the time frame decreasing, this is an important opportunity for the players to grab.

After the 2024 season, the top five players in the final standings will receive a share of the $2.1 million bonus pool. This payout will be distributed as annuities, based on their points standings throughout the season. Last year, the winner had earned 600 Korn Ferry Tour points. The winner of the Simmons Bank Open had also earned approximately 15.1 Official World Golf Ranking points, boosting their world ranking. Do you think Harrington can take home the trophy this year? Or will someone else clinch away the victory for him? Stay tuned to find out in just a few hours.