2016 Open prize money went up by £200,000 to £1.175million. However, Brexit-caused currency fluctuations devalued the prize.
This year’s Open Championship at Royal Troon winner, Henrik Stenson from Sweden, took home £1.175million, an increase of £25,000 since 2015.
It’s true the headline figures are higher; however, the slump in the pound’s value, following the vote by Britain’s EU members to leave, means that this year players that are coming from outside the UK actually took home less money.
Chief executive of The R&A, Martin Slumbers says, “The Open is one of the world’s great sporting events, and it is important that this is reflected in the prize fund. We want to continue to attract the world’s best golfers to compete in the Championship each year and to enhance its global appeal.”
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