After a three-year break due to the COVID-19 pandemic, the Presidents Cup returns this week at Quail Hollow Club, Charlotte, North Carolina. It will take place from 22-25 Sept. with Team U.S. and Team International – 24 golfers, 12 in each – will compete for the title. Is there prize money for the winners of the Presidents Cup? Here we look into the Presidents Cup 2022 Purse.
Is there Prize Money for the Winners?
The Presidents Cup is a Charity tournament. It doesn’t offer any prize money for the winners. There is no purse or prize money.
However, a lot of money is involved in the competition for the greater cause, to help those in need.
As per Presidents Cup, since the inception of the Presidents Cup in 1994, more than $54.4 million has been generated from event proceeds. Over the past 25 years, the competition has impacted more than 460 charities in 18 countries worldwide. As part of the Presidents Cup, each player, captain, and captain’s assistant receives $150,000 to distribute to the charitable cause of their choice.
As the players are from different regions, the charity money reaches the world’s far end. From providing medical care for neglected animals in Greenville, South Carolina, to school lunches for underprivileged children in South Korea, from scholarships for children of fallen California firefighters to addiction recovery programs in Australia – these are very few examples.
Presidents Cup 2022 Purse and Payouts
The Presidents Cup is giving away more than $2 million this year. A majority of that money will go to Charlotte-based nonprofits.
The Presidents Cup has a unique scoring system, with teams earning points every day of the competition. The first team to reach 15 and a half points wins the cup. But a tie is possible, meaning both teams must share the trophy.
That trophy is a 24-carat gold and silver prize. A silversmith makes it with the jeweler Tiffany and Company. The 28-pound Presidents Cup trophy took 80 hours to make.
But even if a team doesn’t win, they can still walk away with something. Each player receives $150,000 to give to a charity of their choice.
Who Won the Last Presidents Cup?
Team U.S. leads the competition with an 11-1-1 record. Their last defeat came dating back to 1998, and the draw came in 2003.
The fans hope for another nail-biting finish like the last Presidents Cup in 2019. Team US, captained by Tiger Woods, entered the final day of singles matches trailing by 8-10. They won six singles and tied four on the final day to take the title by 16-14 points.
TV Coverage Schedule
Day 4 of the Presidents Cup starts at 12:00 pm on 25 September. Tune in to NBC to find out whether Team USA continues their winning streak or the Rest of the World finally manages to break through.
Fans can watch the Presidents Cup 2022 live on TV via Golf Channel and NBC Sports.
The cable-cutters can catch the live stream on NBCSports.com, the NBC Sports app, and Peacock.
Here’s the TV Coverage Schedule
All times in ET
- Thursday, September 22: 12:30-6 p.m. (Golf Channel)
- Friday, September 23: 11:30 a.m.-6 p.m. (Golf Channel)
- Saturday, September 24: 7-8 a.m. (Golf Channel); 8 a.m.- 6 p.m. (NBC)
- Sunday, September 25: 12-6 p.m. (NBC)
Let’s take a quick look at the tee times and pairings of First Round’s foursome matches:
Thursday Foursomes matchups are in!
⛳️ 1:05 p.m.
Scott/Matsuyama
Schauffele/Cantlay⛳️ 1:17 p.m.
Im/Conners
Spieth/Thomas⛳️ 1:29 p.m.
T. Kim/Lee
Young/Morikawa⛳️ 1:41 p.m.
S. W. Kim/Davis
Scheffler/Burns⛳️ 1:53 p.m.
Pendrith/Pereira
Finau/Homa(Presented by @ROLEX) pic.twitter.com/IgJGmcKpJS
— PGA TOUR (@PGATOUR) September 21, 2022