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on August 15, 2007
11:22 AM
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Famous Golfers
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FedEx Cup
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PGA Tour 2007
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Phil Mickelson
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Tiger Woods
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The golf season isn't over .. in fact, a lot of money -- more than I will see in my lifetime -- is on the table for the top players. Both Tiger Woods and Phil Mickelson have committed to playing in the next four events. The reason: the FedEx Cup.
Here's how it works:
The playoffs start in two weeks and feature the top 144 PGA players. Woods, who sits at #1, will start with 100,000 points. Vijay Singh, who is #2 in FedEx Cup points, gets 99,000 points. Player #144 will get 84,700 points.
Playoffs begin in two weeks at the Barclays. Points are earned for finishes.
The second event will be the Deutsche Bank Championship. Only the top 120 point earners will play.
The BMW Championship will be event #3 and will welcome only 70 players.
Finally, week #4, will be the Tour Championship, featuring only the top 30 players.
The winner will receive $10 million (!!!!!!). But, it won't be a lump-sum payout. Instead, the money will be placed in an annuity retirement account. Some players don't understand this. For example, KJ Choi, said he will donate his winnings to charity. Total payout will be $35 million.
And just like the comical commercial shows, this year probably is the "Eye of the Tiger."
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