The elder gentlemen of professional golf are getting a facelift.
The inaugural Charles Schwab Cup Playoffs will feature three tournaments culminating with the season-ending
The 2016 season includes 26 events with total prize money exceeding $55 million. The Charles Schwab Cup winner will earn a $1 million bonus and the top five finishers will also receive bonus payouts.
“I think that's a really nice thing for us,”
“I've never been part of a playoff,” said
Two of the three events in the playoffs are new tournaments. On Monday, the Tour announced the addition of the PowerShares QQQ Championship. It will be held in the Los Angeles area Oct. 24-30 and serve as the beginning of the playoffs. The site for the 2016 event is yet to be determined.
The second new tournament is the second event of the playoffs – the Dominion Charity Classic on the James River Course of Richmond’s
The Charles Schwab Cup Championship, the traditional season-ending event at Desert Mountain Club in
The Tour also announced a third new event – the American Family Insurance Championship in Madison, Wis. The tournament will be hosted by
The top 72 players on the money list following the conclusion of the
A cut to the top 54 players on the money list will be made heading to the second playoff event. The final will feature the top 36. Points will be reset for the season-finale, allowing for all 36 players to have a mathematical chance of winning the Cup.
The Tour also announced three historic venues will host major championships in 2016.