all i can say is WOW!. Supposibly around 142 million for a average 75th place money winner whose on tour for 20 years.

That number is outrageously high. I'd like to see documentation on that one. The PGA will go broke with numbers like that.

I'm SURE he forgot the decimel point.....1.42 million.....

Its on The Golf Channel Web-site... alot of people are skeptikle over how they are going to get the money to give out.

This is very interesting. Could you post the link, I cannot find it anywhere on the golf channel web site?
Thanks,

cool stat link would be cool

Are you sure that the $142 million is the total value of the pension? or $1.42 million per player.

$142 seems highly excessive and I don't think the PGA tour, nor any company would have the ability to pull that off.

Golfers do not make $142 million each for pensions period. end of dicussion.

It's either 1.42 million or $142 million combined.

GOLFERS DO NOT HAVE A PENSION OF $142 million each or a GUARENTEE YOU THERE WOULD BE A HELL OF A LOT MORE YOUNG GOLFERS

Wow, they get a pension too.

The pension fund gets some of it's funding by players deferring their winnigns from tournaments. I do not believe the 142 million for a 75th place winner for 20 years on tour is accurate. If you think about ti this way it makes no sense, 142 million over 20 years would be roughly 7 million a season. The 75th place money list guy does NOT make 7 mil a year, thus how could his pension be more than his career earnings?

Some things I (think I) remember:
Players build their pension accounts by performance. So a made cut contributes a set amount each year to your pension. That "per cut" amount increases after a set amount of cuts made in a year.

The amount of your pension that oyu can collect when it is all said and done is dependant upon how many tournaments you play in. It is not a straight percentage, but there are a number of "segments" each season which ultimately decide how much of you own pie you can collect

I also believe that they estimated Tiger's accumulated pension would be somewhere in $225-250M range.

Its based on "cuts".....with I believe 150 being the number to fully "vest" the retirement.......then other factors influence the amount......total earnings/years/finishes...etc......and 142 million is NOT what the guy who's 75th on the list would earn........that I can GUARANTEE you......somebody forgot a decimal point.......

There are a number of "sources" for the $$$$'s.......for example, tour school entry fee's (minus the purse and expenses) go into the kitty, etc....