BMW PGA increases purse to €5 million

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The European Tour’s flagship event will feature its largest-ever purse when the tournament returns in May. 

The tour announced Thursday that the BMW PGA Championship has increased its purse by €250,000, with the total prize money now at €5 million (or about $5.7 million). 

Rory McIlroy is the defending champion of the event, scheduled for May 21-24 at Wentworth.

George O’Grady, the European Tour’s chief executive, hailed the move as “a sure sign of the tournament’s pre-eminence on the European Tour international schedule.” 

For the sake of comparsion, the PGA Tour’s flagship event, The Players, features a $10 million purse, with $1.8 million going to the winner.