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Nicklaus Earned Greater Percent of PGA Tour Purses Than Woods
By Vince Golle
Aug. 21 (Bloomberg) -- Jack Nicklaus won a greater percentage of the money available during his first 14 years in professional golf than Tiger Woods has in an era where purses are more than 100 times as big.
Prize money has soared since 1962 when Nicklaus turned pro and, through his battles with Arnold Palmer, helped nurture a game that?s grown in popularity and led to television deals and more sponsorship dollars. In 2009 through the PGA Championship, purses have totaled $217.5 million. When Nicklaus launched his career, they were $1.8 million, according to the PGA Tour.
Woods, who turned pro in 1996, is four major championships short of matching Nicklaus?s record 18. The 33-year-old Woods also lags behind in the percentage of total prize money won, even as his on-course earnings dwarf those of Nicklaus.
Playing an average of 21 tournaments a year from 1962 through 1975, Nicklaus pocketed 3.49 percent of the $73.4 million in PGA Tour prize money. Woods, No. 1 in the Official World Golf Ranking, has won 3.39 percent of the $2.7 billion in money awarded from 1996 through this year?s PGA Championship, where he finished second. He?s averaged almost 17 events a year.
During his first 14 years on tour, the most Nicklaus won as a percentage of total purses was 4.94 percent of $2.8 million in 1965. That year, he won the Masters Tournament for the second time, captured four other titles and pocketed $140,752.
In 1962, Nicklaus won less than $62,000, including $33.33 in his first pro start at the Los Angeles Open in January. Five months later, he earned his first pro victory, beating Palmer in an 18-hole playoff for the U.S. Open championship. The win was worth $15,000, according to Nicklaus?s Web site. In his career, Nicklaus won $5.73 million.
Nicklaus Earned Greater Percent of PGA Tour Purses Than Woods - Bloomberg.com
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