FedEx Cup

Last updated

FedEx Cup
Current season, competition or edition:
Golf current event.svg 2023 FedEx Cup Playoffs
Fedex Cup logo.svg
Sport Golf
Founded2007
CountryBased in the United States
Most recent
champion(s)
Flag of Norway.svg Viktor Hovland
Most titles Ulster Banner.svg Rory McIlroy (3)
TV partner(s) CBS Sports
NBC Sports/Golf Channel
Official website www.pgatour.com/fedexcup.html OOjs UI icon edit-ltr-progressive.svg

The FedEx Cup is the championship trophy for the PGA Tour. Its introduction in 2007 marked the first time that men's professional golf had a playoff system. Since its inception, the competition has been sponsored by FedEx.

Contents

The FedEx Cup is a season long competition. Points are awarded based on finishing position in all PGA Tour sanctioned tournaments. The leading points earners throughout the regular season qualify for the playoffs. Players are further eliminated after each of the first two playoff events, with the leading 30 points earners qualifying for the Tour Championship.

Rory McIlroy was the 2022 champion, and also has the most titles with three. The only other player to win multiple FedEx Cups is Tiger Woods, with two.

Rule changes

The PGA Tour adjusted the rules around the FedEx Cup in each of the two years after its introduction in 2007. Each set of changes was introduced to address issues that arose the previous year, particularly with the playoffs portion of the FedEx Cup:

In 2019, the total bonus pool was increased by $25 million to $70 million, with the FedEx Cup champion earning $15 million. Among that $70 million was a $10 million Regular Season bonus pool, sponsored by Wyndham, tied to the final Regular Season FedEx Cup standings. This recognized the 10 players who earn the most FedEx Cup points through the Wyndham Championship, with the Regular Season champion earning $2 million. Beginning in 2021, the Regular Season bonus pool became sponsored by Comcast Business. [4] As of 2022, the Regular Season Bonus Pool was $20 million with the champion earning $4 million. [5] Also in 2019, the FedEx Cup Playoffs finale, the Tour Championship, instituted a strokes-based system, FedEx Cup Starting Strokes. [6] In 2022, the FedEx Cup bonus pool purse increased to $75 million, with the winner's share coming in at $18,000,000. [7]

Beginning in 2019, at the conclusion of the regular season (after the Wyndham Championship), the top 125 players in the FedEx Cup standings become eligible to play in the FedEx Cup Playoffs, a series of three events over the month of August (from 2007 to 2018, the FedEx Cup Playoffs included four events). Points earned during the PGA Tour Regular Season carry over to the Playoffs. The FedEx Cup Playoffs events feature a progressive cut, with fields of 125 for The Northern Trust (Liberty National Golf Club, Jersey City, New Jersey), 70 for the BMW Championship (Medinah Country Club, Medinah, Illinois) and 30 for the Tour Championship (East Lake Golf Club, Atlanta, Georgia), where the FedEx Cup Champion is determined. As of 2022, the Northern Trust was renamed the FedEx St. Jude Championship and moved to TPC Southwind in Memphis, Tennessee. In the event an eligible player is unable or chooses not to play, the field is shortened and no alternates are added. Points from the missing positions are not awarded. The FedEx St. Jude Championship cuts the field to low 70 and ties after 36 holes, while the BMW Championship and Tour Championship are no-cut events. [6] The first two Playoffs events award 2,000 points to the winner (quadruple points of Regular Season events).

The Tour Championship features a strokes-based system (FedEx Cup Starting Strokes) instituted for the first time in 2019. The FedEx Cup points leader after the first two Playoffs events begins the Tour Championship at 10-under par. The No. 2 player will start at 8 under. The No. 3 player starts at 7 under; the No. 4 player starts at 6 under; the No. 5 player starts at 5 under. Players 6–10 start at 4 under; players 11–15 start at 3 under; players 16–20 start at 2 under; players 21–25 start at 1 under; and players 26–30 start at even par. [6] At the Tour Championship, the player with the lowest aggregate score over 72 holes when combined with his FedEx Cup Starting Strokes wins the Tour Championship and is also crowned FedEx Cup champion. The Tour Championship win is considered an official victory and the FedEx Cup champion also earns a bonus of $18 million and a five-year PGA Tour exemption. [6]

Format

Brandt Snedeker reacting to winning the FedEx Cup at the 2012 Tour Championship Brandt Snedeker 2012 PGA Tour Championship Win.jpg
Brandt Snedeker reacting to winning the FedEx Cup at the 2012 Tour Championship

Qualifying for the playoffs

The season structure changed beginning in the fall of 2013, [3] but the qualifying criteria have not changed since 2009.

The first part of the season is known as the "regular season" starting in October, culminating in 3 events called the "playoffs" in August. The 2022-23 season includes 44 regular-season events before the start of the three-event playoff series that ends at the Tour Championship Aug. 24-27.

Players earn points in each event they play. For all regular-season PGA Tour events, 500 FedEx Cup points are awarded to the winner, with points also being earned by every player making the cut. In World Golf Championship and other "designated" events, 550 FedEx Cup points go to the winner, while 600 points are given to the champion of the four majors and the Players. Lastly, 300 points are given to the winner of any event played in the same week as a major or "designated" event.

The goal is to be among the top 125 points leaders following the final event of the regular season. Only those players who are regular full-time members of the PGA Tour earn points. A non-member who joins the PGA Tour in mid-season is eligible to earn points in the first event he plays after officially joining the Tour.

At the end of the regular season, the top 125 players participate in the playoffs. The number of points awarded for winning each playoff event is 2000, which is four times the amount awarded for a typical regular season tournament. Points won in playoff events are added to those for the regular season, and the fields are reduced as the playoffs proceed. Since 2013 the top 125 on the FedEx Cup points list also retain their tour cards for the following season. [3]

After the second playoff event, as of 2019, the FedEx Cup points leader after the first two playoff events begins the Tour Championship at 10-under par. The No. 2 player starts at 8 under. The No. 3 player starts at 7 under; the No. 4 player starts at 6 under; the No. 5 player starts at 5 under. Players 6–10 start at 4 under; players 11–15 start at 3 under; players 16–20 start at 2 under; players 21–25 start at 1 under; and players 26–30 start at even par. [6] At the Tour Championship, the player with the lowest aggregate score over 72 holes when combined with his FedEx Cup Starting Strokes wins the Tour Championship and is also crowned FedEx Cup champion. The Tour Championship win is considered an official victory and the FedEx Cup champion also earns a bonus of $18 million and a five-year PGA Tour exemption. [6]

Playoff events

EventPlayers
FedEx St. Jude Championship Top 70 points leaders
(after the Wyndham Championship)
BMW Championship Top 50 points leaders
(after the FedEx St. Jude Championship)
Tour Championship Top 30 points leaders
(after the BMW Championship)

If an eligible player skips a playoff event, no alternates are added and the field is reduced accordingly.

Playoff rewards

The Trophy PGA Tour's FedEx Cup new.jpg
The Trophy

As of 2022, the player with the most points after the Tour Championship wins the FedEx Cup itself and $18 million of a $75 million bonus fund. The runner-up gets $6.5 million, 3rd place $5 million, 4th place $4 million, 5th place $3 million, and so on down to $85,000 for 126th through 150th place. [7] Beginning with the 2013 season, non-exempt players who finish 126th-150th in the FedEx Cup are given conditional PGA Tour status, but can attempt to improve their priority rankings through the Korn Ferry Tour Finals. Previously, conditional status was earned through the money list.

In 2007, the money was placed into their tax-deferred retirement accounts, not given in cash. Players under 45 are not able to access any 2007 FedEx Cup bonuses (as opposed to prize money earned in the tournaments themselves) until turning 45. They can invest their bonus in any manner they choose, and once they turn 45, can choose to defer payment until they turn 60 or play in fewer than 15 PGA Tour events in a season. Once a player chooses to take payments from his fund, he will receive monthly checks for five years. [8] [9]

Because of possible legislation affecting deferred retirement plans, in the wake of business stories that speculated that Tiger Woods could amass a $1 billion retirement fund if he won the FedEx Cup six more times, the PGA Tour announced a change to the payout system effective in 2008. The top 10 finishers now receive the bulk of their FedEx Cup bonuses in cash up front; for example, the 2008 FedEx Cup champion received $9 million up front and $1 million in his tax-deferred retirement account. FedEx Cup bonuses to finishers below the top 10 are still paid solely into the players' retirement accounts. [10]

The winner of the FedEx Cup also receives a five-year exemption on the PGA Tour, mirroring the exemption that was given to the tour's leading money winner prior to 2017. Before the change in format in 2019 that made it impossible for the FedEx Cup and the Tour Championship to be won by two different players, the Tour Championship winner received a three-year exemption. Winners of other playoff events receive only the standard 2-year exemption.

Since 2013, the FedEx Cup standings have been the primary means of determining exemption status for the following year; the 125 players who qualify for the playoffs are fully exempt. Players who finish 126th through 150th, if not exempt through other means such as a recent tournament win, retain conditional status; these, along with finishers 151 through 200, are eligible for the Korn Ferry Tour Finals, through which they may regain their cards if not already exempt. [3]

Before 2013, the money list rather than the FedEx Cup standings determined exemption status. Since the money and point distributions were different and the money list was not finalized until after the Fall Series, it was common for players to qualify for the playoffs and still lose their card at the end of the season.

Winners

YearWinnerScore/
points
MarginPlayoffsRegular season
EventsWinsRankingPointsEvents
2023 Flag of Norway.svg Viktor Hovland −275 strokes3271,79520
2022 Ulster Banner.svg Rory McIlroy (3)−211 stroke3162,10413
2021 Flag of the United States.svg Patrick Cantlay −211 stroke3232,05621
2020 Flag of the United States.svg Dustin Johnson −213 strokes32151,07111
2019 Ulster Banner.svg Rory McIlroy (2)−184 strokes3152,84218
2018 Flag of England.svg Justin Rose 2,260414041,99114
2017 Flag of the United States.svg Justin Thomas 3,0006604122,68921
2016 Ulster Banner.svg Rory McIlroy 3,120740423697314
2015 Flag of the United States.svg Jordan Spieth 3,8001,4934114,16921
2014 Flag of the United States.svg Billy Horschel 4,7501,650426972223
2013 Flag of Sweden.svg Henrik Stenson 4,7502,0074291,42614
2012 Flag of the United States.svg Brandt Snedeker 4,1001,27341191,19418
2011 Flag of the United States.svg Bill Haas 2,7601541151,27322
2010 Flag of the United States.svg Jim Furyk 2,9802523131,69118
2009 Flag of the United States.svg Tiger Woods (2)4,0001,0804113,34113
2008 Flag of Fiji.svg Vijay Singh 125,10155142715,03419
2007 Flag of the United States.svg Tiger Woods 123,03312,57832130,57413

Individual tournament winners

Year FedEx St. Jude Championship BMW Championship Tour Championship
2023 Flag of the United States.svg Lucas Glover Flag of Norway.svg Viktor Hovland (1/2) Flag of Norway.svg Viktor Hovland (2/2)
2022 Flag of the United States.svg Will Zalatoris Flag of the United States.svg Patrick Cantlay (3/3) Ulster Banner.svg Rory McIlroy (6/6)
Year The Northern Trust BMW Championship Tour Championship
2021 Flag of the United States.svg Tony Finau Flag of the United States.svg Patrick Cantlay (1/3) Flag of the United States.svg Patrick Cantlay (2/3)
2020 Flag of the United States.svg Dustin Johnson (5/6) Flag of Spain.svg Jon Rahm Flag of the United States.svg Dustin Johnson (6/6)
2019 Flag of the United States.svg Patrick Reed (2/2) Flag of the United States.svg Justin Thomas (2/2) Ulster Banner.svg Rory McIlroy (5/6)
Year The Northern Trust Dell Technologies Championship BMW Championship Tour Championship
2018 Flag of the United States.svg Bryson DeChambeau (1/2) Flag of the United States.svg Bryson DeChambeau (2/2) Flag of the United States.svg Keegan Bradley Flag of the United States.svg Tiger Woods (4/4)
2017 Flag of the United States.svg Dustin Johnson (4/6) Flag of the United States.svg Justin Thomas (1/2) Flag of Australia (converted).svg Marc Leishman Flag of the United States.svg Xander Schauffele
2016 Flag of the United States.svg Patrick Reed (1/2) Ulster Banner.svg Rory McIlroy (3/6) Flag of the United States.svg Dustin Johnson (3/6) Ulster Banner.svg Rory McIlroy (4/6)
2015 Flag of Australia (converted).svg Jason Day (1/2) Flag of the United States.svg Rickie Fowler Flag of Australia (converted).svg Jason Day (2/2) Flag of the United States.svg Jordan Spieth
2014 Flag of the United States.svg Hunter Mahan Flag of the United States.svg Chris Kirk Flag of the United States.svg Billy Horschel (1/2) Flag of the United States.svg Billy Horschel (2/2)
2013 Flag of Australia (converted).svg Adam Scott Flag of Sweden.svg Henrik Stenson (1/2) Flag of the United States.svg Zach Johnson Flag of Sweden.svg Henrik Stenson (2/2)
2012 Flag of the United States.svg Nick Watney Ulster Banner.svg Rory McIlroy (1/6) Ulster Banner.svg Rory McIlroy (2/6) Flag of the United States.svg Brandt Snedeker
2011 Flag of the United States.svg Dustin Johnson (2/6) Flag of the United States.svg Webb Simpson Flag of England.svg Justin Rose Flag of the United States.svg Bill Haas
2010 Flag of the United States.svg Matt Kuchar Flag of the United States.svg Charley Hoffman Flag of the United States.svg Dustin Johnson (1/6) Flag of the United States.svg Jim Furyk
2009 Flag of the United States.svg Heath Slocum Flag of the United States.svg Steve Stricker (2/2) Flag of the United States.svg Tiger Woods (3/4) Flag of the United States.svg Phil Mickelson (2/2)
2008 Flag of Fiji.svg Vijay Singh (1/2) Flag of Fiji.svg Vijay Singh (2/2) Flag of Colombia.svg Camilo Villegas (1/2) Flag of Colombia.svg Camilo Villegas (2/2)
2007 Flag of the United States.svg Steve Stricker (1/2) Flag of the United States.svg Phil Mickelson (1/2) Flag of the United States.svg Tiger Woods (1/4) Flag of the United States.svg Tiger Woods (2/4)

Career FedEx Cup bonus leaders

Players who have $8 million or more in total FedEx Cup bonus money (2007–2023)
Amounts won (US$ thousands) each year and in total are shown, with  1st place ,  2nd place , and  3rd place  yearly finishes highlighted
PlayerTotal20072008200920102011201220132014201520162017201820192020202120222023
Ulster Banner.svg Rory McIlroy 54,4441403,0001252,00025010,00011027515,00096058418,0004,000
Flag of the United States.svg Tiger Woods 28,59410,00011010,000133322,0003,0003,000169150
Flag of the United States.svg Dustin Johnson 27,057322701,0001,5006002801757003,0001,5001,50040015,0001,100
Flag of the United States.svg Justin Thomas 25,03515529010,0007003,5004,5003,0002,750140
Flag of the United States.svg Xander Schauffele 24,4502,0002505,0004,5002,2004,0006,500
Flag of Norway.svg Viktor Hovland 21,413497.52,20071518,000
Flag of the United States.svg Patrick Cantlay 20,81918022547818615,0001,7503,000
Flag of the United States.svg Jordan Spieth 16,78670025010,0005503,000165167101498825530
Flag of England.svg Justin Rose 15,4542457075247.51,00080050030060012055010,00043010570120221
Flag of the United States.svg Jim Furyk 15,4073001,0001,50010,0001402502701,5001807532160
Flag of Sweden.svg Henrik Stenson 13,863136327010,0001153,000140155110105
Flag of the United States.svg Billy Horschel 13,8283224510,0001101251331,000168395890600130
Flag of the United States.svg Brandt Snedeker 12,95522514515013860010,0002907521025080135451101105
Flag of the United States.svg Bill Haas 11,545328013416510,000155205242.519012914270
Flag of Spain.svg Jon Rahm 11,2781,0002106833,0005,000715670
Flag of Fiji.svg Vijay Singh 11,27250010,0007511018515032757075
Flag of the United States.svg Scottie Scheffler 10,7172,5004675,7502,000
Flag of the United States.svg Phil Mickelson 9,0242,0007003,0002802501,000550110110245145220164110140
Flag of the United States.svg Steve Stricker 8,6823,0002702,0007002352252,00070807032
Flag of the United States.svg Im Sung-jae 8,0755137504985,750565

Source [11]

See also

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