Rafael Guillén
The Arnold Palmer Invitational is one of the most prestigious tournaments in the PGA Tour, drawing the best golfers of today to the Bay Hill Florida course. Past champions include legends such as Tiger Woods, Jason Day, and Rory McIlroy, who will be looking to add a second victory to his resume at this year’s event.
The competition will be fierce, with the level of play set to be extremely high. The course is unforgiving, and even the smallest mistake can cause a player to lose ground. This is testament to the difficulty of the tournament, named after one of golf’s greatest icons, Arnold Palmer. The Arnold Palmer Invitational is an invitational event, meaning that only a select group of players is able to compete. This exclusivity limits the field to just 120 of the highest caliber golfers.
With a total purse of nearly $20 million, it’s also one of the highest paying tournaments on the tour. This, combined with the level of play, makes it one of the most coveted titles on the PGA Tour. In addition to the prize money, the winner of the tournament is presented with a red sweater in honor of Arnold Palmer, who famously donned red sweaters on the golf course.
Updated Purse and Prize Money Breakdown for the Arnold Palmer Invitational 2023 Running from March 1-5
Here is a detailed list of how the money will be distributed, based on the position of the participating golfers.
| Place | Award |
1 | $3,600,000 |
| 2 | $2,180,000 |
| 3 | $1,380,000 |
| 4 | $980,000 |
| 5 | $820,000 |
| 6 | $725,000 |
| 7 | $675.000 |
| 8 | $625.000 |
| 9 | $585,000 |
| 10 | $545,000 |
| 11 | $505,000 |
| 12 | $465,000 |
| 13 | $425,000 |
| 14 | $385,000 |
| 15 | $365,000 |
| 16 | $345,000 |
| 17 | $325,000 |
| 18 | $305,000 |
| 19 | $285,000 |
| 20 | $265,000 |
| 21 | $245,000 |
| 22 | $225,000 |
| 23 | $209,000 |
| 24 | $193,000 |
| 25 | $177,000 |
| 26 | $161,000 |
| 27 | $155,000 |
| 28 | $149,000 |
| 29 | $143,000 |
| 30 | $137,000 |
| 31 | $131,000 |
| 32 | $125,000 |
| 33 | $119,000 |
| 34 | $114,000 |
| 35 | $109,000 |
| 36 | $104,000 |
| 37 | $99,000 |
| 38 | $95,000 |
| 39 | $91,000 |
| 40 | $87,000 |
| 41 | $83,000 |
| 42 | $79,000 |
| 43 | $75,000 |
| 44 | $71,000 |
| 45 | $67,000 |
| 46 | $63,000 |
| 47 | $59,000 |
| 48 | $55,800 |
| 49 | $53,000 |
| 50 | $51,400 |
| 51 | $50,200 |
| 52 | $49,000 |
| 53 | $48,200 |
| 54 | $47,400 |
| 55 | $47,000 |
| 56 | $46,600 |
| 57 | $46,200 |
| 58 | $45,800 |
| 59 | $45,400 |
| 60 | $45,000 |
| 61 | $44,600 |
| 62 | $44,200 |
| 63 | $43,800 |
| 64 | $43,400 |
| 65 | $43,000 |
Additional facts and interesting information about The Arnold Palmer Invitational 2023
- As previously mentioned, the Arnold Palmer Invitational is an exclusive tournament that only allows the crème de la crème of golfers to participate. This includes past winners since 2000, Players Championship winners from the past five years, and those in the top 50 of the world rankings. Only the best of the best get to compete at this prestigious event.
- The tournament has a rich history that dates back to 1966 when Lionel Hebert won the inaugural event, then known as the Florida Citrus Invitational. The prize money for that year was $110,000, with the winner receiving $21,000.
- One golfer who has dominated at the Bay Hill Club and Lodge is Tiger Woods, who holds the record for the most wins with eight victories. In 2003, Woods had one of the most impressive performances in tournament history, winning by a whopping 11 strokes.
- Since the passing of the legendary Arnold Palmer in 2016, a red sweater is presented to the champion as a tribute to one of the sport’s greatest icons. This tradition began in 2017 and is a fitting way to honor Palmer’s contributions to the game of golf.
