TOTAL SPORTEK

  • Home
  • Football
    • UEFA Euro 2020
      • ENGLAND
      • PORTUGAL
      • GERMANY
      • FRANCE
      • NETHERLANDS
      • ITALY
      • CROATIA
      • BELGIUM
      • AUSTRIA
      • WALES
    • FIFA World Cup
    • Match Highlights
    • Football Kits
      • 2015-16 Kits
  • Boxing/MMA
    • BOXING LIVE STREAM
    • UFC LIVE STREAM
  • Formula 1
    • Formula 1 Live Stream
  • MotoGP
    • MotoGP Live Stream
  • Tennis
    • Australian Open
    • French Open
    • Wimbledon
    • US Open
  • MORE
    • Cricket
      • Calendar
    • Manchester United
    • Chelsea
    • Arsenal
    • FC Barcelona
    • Real Madrid
    • Juventus
    • Liverpool
    • Paris Saint-Germain
    • Bayern Munich
    • AC Milan
    • AS Roma
    • Leicester City
    • Top10
    • Sports Money
    • Others Sports
    • MOST POPULAR SPORTS
    • FIFA World Cup 2018
  • NFL LIVE
    • Dallas Cowboys
    • Philadelphia Eagles
    • Los Angeles Rams
    • Atlanta Falcons
    • New York Jets
    • Miami Dolphins
    • Jacksonville Jaguars
    • Cleveland Browns
    • Indianapolis Colts
    • Green Bay Packers
  • MLB LIVE
  • NBA LIVE
    • NBA
      • Golden State Warriors
      • Los Angeles Lakers
      • Cleveland Cavaliers
      • Games
  • UPCOMING MATCHES
    • PREMIER LEAGUE LIVE STREAM
    • SPANISH LA LIGA LIVE STREAM
    • FRENCH LIGUE 1 LIVE STREAM
    • GERMAN BUNDESLIGA LIVE STREAM
    • ITALIAN SERIE A LIVE STREAM

Ryder Cup Prize Money & Financial Model (explained)

September 9, 2016 By totalsportek2

Ryder Cup is a premier golf event which take place every two years between team from Europe against Team United States. The venues are alternated with every competition turn wise in Europe and USA. The competition is one of the most prestigious and it is orgnized by joint venture of PGA of America and Ryder Cup Europe.

ryder-cup-golf-prize-money
Started as a simple tournament between Team Great Britain vs Team USA back in 1927, USA dominated this event and after the World War II players from Ireland and mainland europe were also included and it became Europe vs America affair. As far as the financial health of the competition is concerned it use to be just a “cost” tournament but when the TV rights came into play back in last 70s it turned profit for the first time in 1985. Since than it as grown in importance and prestige and we take a look at the financial model of this highly lucrative golf event.

Ryder Cup Financial Model: 

Since the tournament became mainstream event on TV in last 70s and early 80s it started to post profit thanks to highly lucrative TV deals in both Europe and USA. When the Ryder Cup takes place in USA, PGA of America owns the rights and get a 5:1 share of money compared to Europe. While European Ryder Cup retains 60% of the income when it takes place in Europe.

In the last decade or so, Ryder Cup is posting profit both in USA and Europe and sometime it even overshadow the major golf tournaments like US Open or British Open etc.

Where the Money comes from ?

Majority of the money comes from absolute ground breaking TV deals in USA and Britain. SkySports has the rights of Ryder Cup for best part of last 30 years and they pay alot of money for the rights in UK. While NBC has recently signed a lucrative 15 year deal to get the live rights in US territories.

Other sources of income are from ticket sales and sponsorship. 2016 tournament is taking place in Chaska, Minnesota and its expected that around 250,000 people will attend at some point and that includes around 45,000 on each of the three main days. Ticket cost on the main days is around $150 to $180 each. So thats around $25m just from ticket sales.

While Ryder Cup has huge number of high profile sponsorship and partnership deals. Exclusive deals with Rolex, BMW and Johnnie Walker and number of partnering deals with companies like FedEx, RBS and Nespresso etc.

So how much profit does Ryder Cup generate ? In the last few years total revenue has been around $50m to $70m with income reaching over $10 million

Do Players get paid in Ryder Cup ?

No, players don’t get any prize money from the Ryder Cup but since the commercial boom of the sport players agent has struck a deal with Ryder Cup authorities which sees $200,000 per american player donated by PGA of America (50% going to players nominated charities and the other 50% goes to educational causes on players name)

Although players/agents and the orgnizing authorities of Ryder Cup both in US and Europe are in tug of war to get share of the earnings for players.

Filed Under: Money

SEARCH

Oldest Sports recorded

World’s Top 10 Oldest Sports (Revealed)

List of English Premier League Winners Since 1992

UEFA Europa League Past Winners List (Since 1972)

UEFA Champions League Past Winners List (1956 to 2019)

Hottest Formula 1 Grid Girls In 2019 (F1 Paddock Girls)

FIFA Ballon d'Or Award Winners since 1956

List Of Ballon d’Or Winners Since 1956 To 2020

100 Photos of Hot Female Fans In World Cup 2018

32 Hottest Wags Going To FIFA World Cup 2018 (At Least 1 From Every Participating Country)

Most Champions League titles winners

Most Successful Teams In UEFA Champions League History

Top 10 Most Iconic Trophies Across Different Sports

LATEST STUFF

  • Chelsea vs Manchester City FA Cup Match
  • Joe Smith Jr. vs. Maxim Vlasov
  • Inter Milan Players Salaries 2018 (Third Highest Wage Bill In Italian Serie A )
  • Premier League 2018-19 Fixtures Release Date (Confirmed)
  • World’s Top 10 Oldest Sports (Revealed)
  • Super Bowl 2021 Prize Money (Confirmed)
  • Super Bowl 2021 Buccaneers vs Chiefs Live Stream Free Online
  • Poirier beats McGregor: Second Round Knockout sees Poirier shock McGregor
  • Pakistan vs New Zealand Live Stream
  • Canelo Alvarez vs Callum Smith Live Stream Online

About Us - Contact Us - Sports Calendar - Privacy - Write For Us