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Prize money up for grabs at 2014 PGA Championship at Valhalla Golf Club

Prize money up for grabs at 2014 PGA Championship at Valhalla Golf Club
Prize money up for grabs at 2014 PGA Championship at Valhalla Golf Club
Photo by Andrew Redington/Getty Images

The following is a list of the prize money up for grabs for golfers at the 2014 PGA Championship, which is being played from August 7-10, 2014, at the Valhalla Golf Club in Louisville, Kentucky.

The 2014 PGA Championship will be the third time the tournament has been played at the Valhalla Country Club. The other two times were in 1996, Mark Brooks was the winner, and 2000, when Tiger Woods was the winner.

It's unclear if Tiger Woods will be playing in the 2014 PGA Championship, after he suffered back spams last week that forced him to withdraw from the WGC Bridgestone Invitational during play last Sunday. For more about Tiger Woods and the PGA Championship see Golfers who have won the PGA Championship the most times.

Tiger Woods also makes the list of the youngest golfers to ever win the PGA Championship. Tiger is still too young to make the list of the oldest golfers to win the PGA Championship, but Jack Nicklaus is on both those lists.

The total prize money up for grabs at the 2014 PGA Championship is a very cool $10 million. The prize money is up a whopping 25% over the $8 million that was up for grabs last year. The $10 million also matches the 2014 Players Championship prize money for the richest tournament on the PGA Tour this year.

The prize money for the winner is set in stone. The prize money for other slots is based upon past payouts and can vary a slight bit based upon things like ties and how many players actually make the cut.

Prize money up for grabs at 2014 PGA Championship at Valhalla Golf Club

  • Winner - $1.8 million

The winner of the 2014 PGA Championship will earn a very nice paycheck of $1.8 million. That is up a whopping 24.6% above the $1.445 million that Jason Dufner earned when he won the PGA Championship in 2013.

  • Second Place - $1.08 million

Second place is worth a not too shabby $1.08 million at the 2014 PGA Championship. That is up 25% over the $865,000 that Jim Furyk took home with his second place finish last year.

Jim Furyk did earn $1.08 million with his second place finish earlier this year at the Players Championship. If you could wager on second place in tournaments on the PGA Tour, Jim Furyk would always be one of the favorites.

  • Third Place- $680,000

Third place at the 2014 PGA Championship is worth $680,000. That's up 24.8% over the $545,000 that Henrik Stenson earned last year by finishing in third place.

Sergio Garcia earned $680,000 by finishing third at the Players Championship this year. Sergio has never won a major, but he has dated some pretty hot women in his career.

  • Fourth Place - $480,000

Fourth place is worth $480,000 at the 2014 PGA Championship. That's up 25% over the $385,000 that Jonas Blixt earned by finishing fourth last year.

  • Fifth Place - $400,000

Fifth place is worth roughly $400,000 at the 2014 PGA Championship. Adam Scott and Scott Piercy split $608,000, with each player earning $304,000, when they tied for fifth place last year.