The 2016 Farmers Insurance Open golf tournament on the PGA Tour is taking place this week from January 28-31, 2016, at the city of San Diego owned Torrey Pines Golf Course located in La Jolla, California. Here is a list of the prize money up for grabs for the PGA players to win at the 2016 Farmers Insurance Open.
The Farmers Insurance Open dates back to 1952. Tiger Woods easily holds the record for most wins in the Farmers Insurance Open with seven (1999, 2003, 2005-08, 2013). Phil Mickelson has the second most wins in the tournament with three (1999, 2000, 2001). Tiger Woods is not playing this week but Phil Mickelson certainly is at Torrey Pines. Also playing this week at the Farmers Insurance Open are Jason Day, Rickie Fowler, Dustin Johnson, Justin Rose and Patrick Reed in what is a very deep and talented field.
Total prize money has been raised by 3.2% from $6.3 million in 2015 to $6.5 million this year. The winner’s share is set in stone while the other amounts can vary a bit based upon ties and how many players actually make the cut.
- Winner – $1.170 million
The winner of the 2016 Farmers Insurance Open will earn a cool $1.170 million. That is up 3.2% over the $1.134 million that Jason Day earned here last year when he won this tournament. This was Jason Day’s first of five big wins last year on the PGA tour.
- Second place – $702,000
Second place is worth $702,000 at the 2016 Farmers Insurance Open. Scott Stallings, Harris English and J.B. Holmes split $1.411 million with each player earning $470,400 when they all tied for second place last year.
- Third place – $442,000
Third place at the 2016 Farmers Insurance Open is worth $442,000. Last year, Scott Stallings, Harris English and J.B. Holmes all finished tied with Jason Day in regulation play but Day defeated all of them in a playoff to win this tournament.
- Fourth place – $312,000
Fourth place is worth $312,000 at the 2016 Farmers Insurance Open. Typically in PGA tournaments the winner gets 18% of the total prize money. The fourth place finisher in this tournament will get 4.8% of the total prize money of $6.5 million.
- Fifth place – $260,000
Fifth place is worth $260,000 at the 2016 Farmers Insurance Open. That is 4% of the total prize money. Charles Howell and Alex Prugh split $478,800 with each player earning $239,400 when they tied for fifth place here last year.
- Sixth place – $234,000
Sixth place at the 2016 Farmers Insurance Open is worth $234,000. That is 3.6% of the $6.5 million purse. Charles Howell, who finished tied for fifth here last year, has just two wins in 456 PGA Tour events but he’s earned $29.6 million.
- Seventh place – $217,750