New Zealand Open prize purse hits $2 million

New Zealand Open prize purse hits $2 million 

The purse for the New Zealand Open which begins at the end of the month has been increased to $2 million.

That’s an increase of 21 percent on last year’s purse of $1.65 million.

New Zealand Open chairman John Hart was thankful to the new and current sponsors of the tournament whose support have allowed the tournament to reach this significant milestone.

“We are delighted to be able to announce today another increase in the purse for the New Zealand Open,’’ Hart said last month.

``This only happens through the ongoing support of our fantastic sponsorship family. Without their support the tournament would not be in the position we are today.

“We have always aimed to ensure the balance between the New Zealand Open being a financially attractive tournament across our three tour partners, the PGA Tour of Australasia, the Asian Tour and the Japan Golf Tour, whilst also maintaining and securing the long-term future for the event.” 

As part of this the New Zealand Open is also adopting a relatively new concept in the world of professional golf, ensuring that every professional that competes in the tournament, and doesn’t make the cut, will take away at least $1000 to help support their travel and other related costs in attending.

Hart added: “We love the idea of supporting the professionals as much as we can, which is why we believe that ensuring that the players who miss the cut are not left solely to bear the ever increasing costs of travel that they face.

“From the conversations we have had with some of the regular players at the New Zealand Open, this is a welcome addition, and one many players hope other tournaments across the world will adopt.”

The 103rd New Zealand Open, presented by Sky Sport, will take place at Millbrook Resort near  Queenstown from February 29- March 3.