British Open Increases Prize Money By More Than $380K To $8M For 2013 Event
British Open organizers said that the 2013 champion will receive £945,000 ($1.45M), an increase on last year of £45,000 ($68,500), according to Josh Reich of the REUTERS. The total prize pool is up £250,000 ($381,000) to £5.25M ($8M). The tournament "begins at Muirfield, Scotland on July 18" (REUTERS, 6/27). BLOOMBERG's Bob Bensch reported the champion's prize in dollar terms is equal to that won by Adam Scott at The Masters in April and Justin Rose at this month's U.S. Open. South African Ernie Els earned $1.38M "at the current exchange rates for winning the 2012 Open" (BLOOMBERG, 6/27).