RBC Canadian Open 2024: Purse Breakdown and Prize Money

Last Modified Jun 22, 2024 19:40 GMT
RBC Canadian Open - Round Three
Source: Getty Images

Originally, the Canadian Open began in 1904 at the Royal Montreal Golf Club in Montreal, Quebec, in Canada and since then, it has been an annual event. However, with the PGA rescheduling, its date has been changed and even went to September once, but then returned to June.

One of the oldest golf events, the Canadian Open has been sponsored by RBC since 2008 and has been presenting the RBC Canadian Open Trophy since 1994. The 2024 RBC Canadian Open is slated to take place at the Hamilton Country and Golf Club, Ontario, from May 30 to June 2. The event will have a field of 156 players and a purse of $9.4 million.

RBC Canadian Open Tournament Purse History

The growing popularity of golf in America has a lot to do with the increasing purses of golf events, and so initially, the Canadian Open had a purse of $170 with a winner's share of $60 in 1904. However, the amount eventually grew to $1,575 in 1926, with a winner's share of $500.

The annual growth in the purse of golf events is rather common, and so was the case at the Canadian Open; in 64 years, from 1926 to 1990, the purse grew to be $1 million with a winner's share of $180,000. It continued to grow, with no such significant increase but an eventual growth of $100,000 to $500,000 each year.

However, the purse jumped from 2018's 6.2 million to 2019's 7.6 million, which was a growth of nearly $1.4 million. After the COVID-19 pandemic, the purse was $8.7 million in 2022, with a winner's share of $1.5 million. The 2024 event saw a growth of $400,000 from 2023's $9.4 million.

RBC Canadian Open Tournament 2024 Payout & Winner Purse Breakdown

The RBC Canadian Open will have a purse of $9.4 million; the breakdown details per position are as follows:

Pos.Earnings
1$1,692,000
2$1,024,600
3$648,600
T4$423,000
T4$423,000
6$340,750
T7$295,317
T7$295,317
T7$295,317
T10$227,950
T10$227,950
T10$227,950
T10$227,950
T14$152,750
T14$152,750
T14$152,750
T14$152,750
T14$152,750
T14$152,750
T14$152,750
T21$106,377
T21$106,377
T21$106,377
T24$83,190
T24$83,190
T24$83,190
T27$65,800
T27$65,800
T27$65,800
T27$65,800
T27$65,800
T27$65,800
T33$54,755
T33$54,755
T35$44,851
T35$44,851
T35$44,851
T35$44,851
T35$44,851
T35$44,851
T35$44,851
T42$29,986
T42$29,986
T42$29,986
T42$29,986
T42$29,986
T42$29,986
T42$29,986
T42$29,986
T42$29,986
T51$22,591
T51$22,591
T51$22,591
T51$22,591
T51$22,591
T51$22,591
T57$21,526
T57$21,526
T57$21,526
T60$21,056
T60$21,056
T62$20,586
T62$20,586
T62$20,586
T65$20,022
T65$20,022
T65$20,022
68$19,646
69$19,458

Largest Prize Money Payout In RBC Canadian Open Tournament History?

The 2024 Canadian Open has the largest prize money payout of $9.4 million.

RBC Canadian Open's FAQs

A. The 2024 RBC Canadian Open will be held at the Hamilton Golf & Country Club in Ontario, Canada, from May 30 to June 2.

A. The 2024 RBC Canadian Open was won by Robert MacIntyre, defeating Ben Griffin by a small margin of a single stroke.  

A. The purse for the 2024 RBC Canadian Open is $9.4 million. 

A. The 2024 RBC Canadian Open can be watched on TSN, CBS, and Golf.

A. Most recently, Nick Taylor, a Canadian, won the 2023 RBC Canadian Open. 

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