The Barclays Classic at Ridgewood Country Club in Paramus, N.J., will commence the 2008 FedExCup playoffs. The series will include four tournaments, culminating with the TOUR Championship. The player with the most points accumulated after the conclusion will be awarded a $10 million bonus, which does not count toward to the money list.
Last year, the bulk of that money was deferred to the winner's (Tiger Woods) retirement fund, which can't be accessed until the player turns 45. This year, however, the top 10 finishers will receive most of their FedEx Cup bonuses in cash.
For example, the 2008 champion will receive $9 million up front and $1 million in his tax-deferred retirement account. FedExCup bonuses to finishers below the top 10 will be paid solely into the players' retirement accounts.
The Playoffs will begin with 144 players, who qualified based on a season-long (33 weeks) points competition. Points were awarded to regular TOUR members based on their finishes in PGA TOUR events, with major championships and THE PLAYERS counting for 10 percent more; World Golf Championship events 5 percent more; and opposite-field events 50 percent less.
Entering the Playoffs, players will keep their final ranking positions, 1-144, but will be reassigned a points total. The player at No. 1, Tiger Woods, will be assigned a starting number of 100,000 points.
Of course, Woods will not be competing in any of the four events due to arthroscopic knee surgery.
Kenny Perry will start out at No. 2 with 99,500 points. The rests breaks down as follows:
The field will be reduced from 144 to 120 for event No. 2, the Deutsche Bank Championship in Boston. Event No. 3, the BMW Championship year at Bellerive CC in St. Louis, will have 70 participants. And the finale, the TOUR Championship at East Lake in Atlanta, will be cut down to the final 30 points earners.
Here is how the points are distributed for the four playoff events:
Unlike last year, the Playoffs will not be contested in a four-week stretch. Due to the Ryder Cup, TOUR officials decided to delay the TOUR Championship until after the Matches. That means there is a week off after the BMW Championship, followed by the Ryder Cup, followed by the Playoffs finale.
All monies earned via the FedExCup is in addition to what is earned from the event's purse. The winner of the Barclays will receive $1.26 million of official money, in addition to a big boost in claiming the $10 million prize.
Now it's perfectly clear. Right?