Well the first round of the FedEx cup was played today and while Tiger wasn't playing there were still many formidable golfers plying their trades.
I thought that today would be the perfect day to go over the FedEx cup rules and structure for all those clueless people (including me) asking the question fedex what...?
Qualifying
Each PGA tour event from the Mercedes-Benz Championship (January 4-7, 2007) to the Wyndham Championship (August 16-19, 2007), PGA Tour players can earn points in each event they play. Most PGA Tour events in 2007 have carried a total of 25,000 FedEx Cup points spread between the winner and those finishing in 70th position in each event.
At the completion of last week’s Wyndham Championship, the leading point scorer (Tiger), had his points reset to 100,000 with the last player in the FedEx Cup race (144) starting with 84,700. This is designed to bring the field much closer together so the lower ranked players can still make the following events if they have a very good tournament (and so that someone can theoretically beat Tiger or at least get close).
The ultimate goal is to be one of the top 144 points holders to get a starting place at the Barclays tournament (the first event of the FedEx Cup).
Playoff events
1. The Barclays - Top 144 points leaders (at the end of the season)
- 50000 points on offer (Position 1-85)
- winner 9000 points
- 50000 points on offer (Position 1-85)
- Winner 9000
- 50000 points on offer (Position 1-70)
- Winner 9000
- 50000 points on offer
- Winner 10300
- last place 395
There is no doubt that the prize money for the FedEx Cup is huge, but there is a catch. Players are only eligible to receive their money after they reach 45. They may invest this money up until then and can defer payment until they turn sixty (something about reducing tax I am sure). The money is paid in payments over 5 years. It is probably best described as superannuation for golfers.
The prize money list:
| Position | Amount | Position | Amount |
|---|---|---|---|
| 1 | $10,000,000 | 31 | $165,000 |
| 2 | 3,000,000 | 32 | 155,000 |
| 3 | 2,000,000 | 33 | 150,000 |
| 4 | 1,500,000 | 34 | 145,000 |
| 5 | 1,000,000 | 35 | 142,000 |
| 6 | 800,000 | 36 | 140,000 |
| 7 | 700,000 | 37 | 138,000 |
| 8 | 600,000 | 38 | 137,000 |
| 9 | 550,000 | 39 | 136,000 |
| 10 | 500,000 | 40 | 135,000 |
| 11 | 300,000 | 41 | 134,000 |
| 12 | 290,000 | 42 | 133,000 |
| 13 | 280,000 | 43 | 132,000 |
| 14 | 270,000 | 44 | 131,000 |
| 15 | 250,000 | 45 | 130,000 |
| 16 | 245,000 | 46 | 129,000 |
| 17 | 240,000 | 47 | 128,000 |
| 18 | 235,000 | 48 | 127,000 |
| 19 | 230,000 | 49 | 126,000 |
| 20 | 225,000 | 50 | 125,000 |
| 21 | 220,000 | 51 | 120,000 |
| 22 | 215,000 | 52 | 115,000 |
| 23 | 210,000 | 53 | 114,000 |
| 24 | 205,000 | 54 | 113,000 |
| 25 | 200,000 | 55-70 | 110,000 |
| 26 | 195,000 | 71-80 | 80,000 |
| 27 | 190,000 | 81-100 | 75,000 |
| 28 | 185,000 | 101-125 | 70,000 |
| 29 | 180,000 | 126-150 | 32,000 |
| 30 | 175,000 | ||
| TOTAL | $35,000,000 | ||
Note: There is still prize money awarded for the individual tournaments that is separate to this. That money is received in the normal way.
I hope that clears a few things up for anyone that is confused. I am certainly glad I wrote this as I am now much clearer on how it all works!
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