PGA Tour Commissioner Jay Monahan speaks during a press conference prior to the TOUR Championship at East Lake Golf Club on August 24, 2022 in Atlanta, Georgia.
Cliff Hawkins | Getty Images
The PGA Tour on Wednesday announced prize increases, expanded benefits and participation commitments from top players as it faces competition from the upstart LIV Golf league.
The Tour said it is adding four elevated events that will each have purses of at least $20 million, doubling its total bonus pool money and raising its guaranteed minimum earnings for full members. Top players are committing to compete in at least 20 events a year, it said.
The changes come after the Tour suspended players including Phil Mickelson and Dustin Johnson for participating in the Saudi-backed LIV Golf, which has been luring players with generous prizes and guaranteed money. Earlier this month, LIV participants…
