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While the golf authorities in the various parts of the world cooperate harmoniously overall, there is still some rivalry. The European Tour is very self-conscious about its position relative to the PGA Tour, but the two have also steadily formed a partnership.
In , the European Tour added the three U. Open — to its official schedule. The leading Europeans had all been competing in them for many years, but now their prize money counted towards the European Tour Order of Merit, which sometimes made a great deal of difference to the end-of-season rankings.
The following year three of the current four individual World Golf Championships , also usually played in America, and also offering far more prize money than most European events, were established and added to the European Tour schedule.
Since the minimum number of events that a player must play to retain membership of the European Tour was long eleven, this meant that international players could become members of the tour by playing just four events on it apart from the majors and the World Golf Championships, which all elite players enter in any case.
For the season, the minimum number of events required for members was increased to twelve;  this coincided with the elevation of the HSBC Champions , previously a European Tour event co-sanctioned by three other tours, to World Golf Championships status.
The minimum increased to 13 in , but beginning in team events such as the Ryder Cup and Presidents Cup were allowed to count towards the minimum.
The minimum will be reduced from five to four in What is harder to define is its standing relative to the PGA Tour and whether that has risen or fallen in recent years.
Apart from McIlroy, who was only 20 years old at the end of , and longtime European Tour veterans Montgomerie and Karlsson, all of the named golfers are also members of the PGA Tour, and moved to it as their main or joint main tour after playing in Europe first.
Lee Westwood ended the year as world number one. As of 24 January , the no. McDowell and no 7. McIlroy all see the European Tour as their primary tour.
The European Tour is traditionally the first overseas move for outstanding players from non-European countries in the Commonwealth , long a major source for elite golfers, such as Greg Norman and Nick Price.
These players tended to move to the PGA Tour as a second step. However, lately the European Tour is losing this role as more Commonwealth golfers choose to move directly to the U.
In some cases, such as that of Luke Donald , this is a natural consequence after completing a golf scholarship at a U.
Such scholarships are not available or even legal in Europe. When Continental Europe produced its first global golf stars in the s, such as Seve Ballesteros , and especially when Europe began to notch wins over the United States in the Ryder Cup in the mid s, there was widespread optimism about the future standing of the European Tour relative to the PGA Tour.
This has ebbed away as several major European countries, such as Germany and Italy, have not produced high-ranked golfers on a regular basis as was formerly anticipated.
Nonetheless, the number of European countries which have produced winners on the European Tour has increased steadily, with notable golfing depth developing in the Scandinavian countries.
The latter point is illustrated by developments in and In , Karlsson dropped out of the top 10 and Stenson remained. It can be argued that since PGA Tour members have had far more wins and top 10 finishes in the seven co-sanctioned events in recent years, the 50 percent figure is a better reflection of the actual financial resources of the European Tour relative to its rival.
Leaving aside the majors and World Golf Championship events, which are the most lucrative on the schedule, there is still much more variation in prize funds on the European Tour than on the PGA Tour.
Two key tiers can be identified: Most of the former group are for co-sponsored events outside Europe and most of the latter are for events staged in Europe.
At the January exchange rate of roughly USD 1. The prize funds of many European Tour events have increased rapidly since the late s.
Nonetheless, in , an increasing amount of media attention was given to the perceived failure of the European Tour to attract as many leading players to its events as in the recent past.
The finances of the European Tour are heavily dependent on the Ryder Cup. In simple terms, the European Tour loses money in non-Ryder Cup years, makes a tidy profit in years the event is played in the United States where the PGA of America, not the PGA Tour, owns the event and reaps the majority of the income , and then hits the lottery in years the tournament is staged in Europe.
Earlier this year, Golfweek reported that the European Tour made more than 14 million pounds in pre-tax profit in , the last time the Ryder Cup was staged in Europe.
A year later, when there was no Ryder Cup, it lost more than 2. The owners of the and venues respectively Sir Michael Smurfit and Sir Terry Matthews committed to hosting European Tour events at their venues for more than a decade after winning bidding, and also guaranteed the purses for those tour events.
Since , with the exception of , the season has actually started late in the previous calendar year, but the seasons are still named by calendar year, rather than for example —06, which would reflect the actual span of play.
All of the events up until late March take place outside Europe, with most of these being co-sanctioned with other tours. From then on, the tour plays mainly in Europe, and the events in its home continent generally have higher prize money than those held elsewhere, excluding the major championships, which were added to the tour schedule in ; three individual World Golf Championships events, added the following year, most of which take place in the United States; and the HSBC Champions, elevated to World Golf Championships status in There are generally only minor variations in the overall pattern from one year to the next.
Occasionally tournaments change venue, and quite often change name, particularly when they get a new sponsor, but the principal events have fixed and traditional places in the schedule, and this determines the rhythm of the season.
For the season, the European Tour launched the Rolex Series, a series of events with higher prize funds than regular tour events.
The initial Rolex Series events are: The new name reflected the addition of a new season ending tournament, the Dubai World Championship , held at the end of November in Dubai.
The winner of the Race To Dubai also receives a ten-year European Tour exemption, while the winner of the Dubai World Championship tournament receives a five-year European Tour exemption.
It is calculated in euro , although around half of the events have prize funds which are fixed in other currencies, mainly pounds sterling or U.
In these instances, the amounts are converted into euro at the exchange rate for the week that the tournament is played. The table below shows the top 10 career money leaders on the European Tour.
Due to increases in prize money over the years, it is dominated by current players. In addition, elite golfers often earn several times as much from endorsements and golf-related business interests as they do from prize money.
It is currently given to the rookie who places highest in the Race to Dubai. From Wikipedia, the free encyclopedia. This article needs additional citations for verification.
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