FedEx Cup overhaul includes $15 million to Tour champ
Reuters
Published Sep 18, 2018 01:26PM ET
FedEx Cup overhaul includes $15 million to Tour champ
The FedEx (NYSE:FDX) Cup playoffs are being overhauled for the 2019 season.
PGA Tour commissioner Jay Monahan unveiled a string of changes on Tuesday that go into place next year and are designed to simplify the playoff system, ending with the Tour Championship at East Lake Country Club in Atlanta with the $15 million finale. This season's Tour Championship includes a $10 million prize to the winner.
Among the noteworthy changes, the PGA Tour will trim the playoffs to three events and cut the field from 125 players to 70 after the Northern Trust (NASDAQ:NTRS) and entering the Dell Technologies Championship.
Monahan also said the PGA is upping the importance of the standings entering the Tour Championship with a strokes-based system that sets the player with the most FedEX Cup points at an opening score of 10-under par. The next golfer in the standings will begin at 8-under, the player in the third spot would be 7-under, and so on.
"Compared to the current system, the beauty here is in the simplicity," Monahan said Tuesday. "Fans are very familiar with golf leaderboards in relation to par, so they will have a clear understanding of the impact every shot makes during the final run for the FedExCup - ultimately leading to a singular champion without conflicting storylines."
The FedEx Cup playoffs were created in 2007.
If the strokes-based system was in place entering this week's Tour Championship, Bryson DeChambeau would begin Thursday's opening round 10-under and Justin Rose would be 8-under, Tony Finau (-7), Dustin Thomas (-6) and Justin Thomas (-5).
Under the current system, any player within the top five entering this week who wins the Tour Championship will also win the FedEx Cup. If a player outside of the top five wins at East Lake, the FedEx Cup champion will be determined by a points formula.
--Field Level Media
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.