Finally, two events held in Asia after the end of the PGA Tour's current regular season – the CIMB Classic in Malaysia and the HSBC Champions, a World Golf Championships event held in China – became full PGA Tour events, with official prize money, for the first time. Before 2013, neither event had full PGA Tour status despite being sanctioned by the Tour. Wins in the CIMB Classic were not classified as official PGA Tour wins, and HSBC Champions victories were official wins only for current PGA Tour members. Money earned in these events did not count as official PGA Tour earnings for any purpose.
PGA Tour players compete for two player of the year awards. The PGA Player of the Year award dates back to 1948 (originally named the PGA Golfer of the Year) and is awarded by the PGA of America. Since 1982 the winner has been selected using a points system with points awarded for wins, money list position and scoring average. The PGA Tour Player of the Year award, also known as the Jack Nicklaus Trophy, is administered by the PGA Tour and was introduced in 1990; the recipient is selected by the tour players by ballot, although the results are not released other than to say who has won. More often than not the same player wins both awards; in fact, as seen in the table below, the PGA and PGA Tour Players of the Year have been the same every year from 1992 through 2018.
The criterion for retaining tour cards at the end of the season also changed. Through 2012, the top 125 players on the money list at the end of the PGA Tour season retained their tour cards. For the 2013 season only, the top 125 players on both the money list and the FedEx Cup points list at the end of the FedEx Cup regular season in August retained their cards. The tour also said that it would decide at a later time whether to keep this aspect of the qualifying system in place in future seasons. Otherwise, the planned move by the tour to have the top 125 players on the FedEx Cup points list retain their tour cards took effect with the 2014 season. The next 75 players on the points list, along with the top 75 on the money list of the Korn Ferry Tour at the end of that tour's regular season, are eligible to play a series of three tournaments in September known as the Korn Ferry Tour Finals. The Finals field, however, is not expected to consist of all 150 players, as some of the PGA Tour players will be exempt by other criteria, such as a tournament win in the previous two years. A total of 50 PGA Tour cards for the next season is awarded at the end of the Finals. The 25 leading money winners during the Korn Ferry Tour regular season receive cards, and total money earned during the Finals determines the remaining 25 card earners. For all 50 new card earners, their positions on the PGA Tour's priority order for purposes of tournament are be based on money earned in the Finals. College players who turn professional can enter the series if their earnings are equivalent to a top-200 PGA Tour or top-75 Korn Ferry Tour finish.
The Fall Series saw major changes for 2009, with one of its events moving to May and another dropping off the schedule entirely. It returned to its original start date of the week after the Tour Championship. Then, as in 2008, it took a week off, this time for the Presidents Cup. It then continued with events in three consecutive weeks, took another week off for the HSBC Champions (now elevated to World Golf Championships status), and concluded the week after that.
Joseph Dey, the recently retired USGA executive director, was selected by the board as the tour's first commissioner in January 1969 and agreed to a five-year contract. He was succeeded by tour player Deane Beman in early 1974, who served for twenty years. The name officially changed to the "PGA Tour" in 1975. Beman was succeeded by commissioner Tim Finchem in June 1994. On January 1, 2017, Jay Monahan succeeded Finchem as commissioner.
After several months, a compromise was reached in December: the tour players agreed to abolish the APG and form the PGA "Tournament Players Division," a fully autonomous division under the supervision of a new 10-member Tournament Policy Board. The board consisted of four tour players, three PGA of America executives, and three outside members, initially business executives.
At the end of each year, the top 125 in FedEx Cup points (top 125 on the money list before 2013) receive a tour card for the following season, which gives them exemption from qualifying for most of the next year's tournaments. However, at some events, known as invitationals, exemptions apply only to the previous year's top 70 players. Since 2013, players who are ranked between 126–200 in FedEx Cup points (and are not already exempt by other means) are eligible for entry in the Korn Ferry Tour Finals, where they can regain their PGA Tour privileges. Non-exempt players who finish 126th-150th in the FedEx Cup but fail to regain their PGA Tour cards are given conditional PGA Tour status for the season and are fully exempt on the Korn Ferry Tour.
The Tour continues through the fall, with the focus on the scramble of the less successful players to earn enough money to retain their tour cards. A circuit known as the Fall Series, originally with seven tournaments but now with four, was introduced in 2007. In its inaugural year, its events were held in seven consecutive weeks, starting the week after the Tour Championship. As was the case for the FedEx Cup playoff schedule, the Fall Series schedule was also tweaked in 2008 and 2009. The first 2008 Fall Series event was held opposite the Ryder Cup, and the Fall Series took a week off for the Tour Championship before continuing with its remaining six events.
Due to increases in prize funds over the years, this list consists entirely of current players. Two players on the list, Vijay Singh and Davis Love III, are eligible for PGA Tour Champions (having respectively turned 50 in February 2013 and April 2014). Both have lifetime exemptions on the PGA Tour for 20 wins and 15 years on the Tour, and Love has won a tournament on the main PGA Tour since turning 50. The figures are not the players' complete career prize money as they do not include FedEx Cup bonuses, winnings from unofficial money events, or earnings on other tours such as the European Tour. In addition, elite golfers often earn several times as much from endorsements and golf-related business interests as they do from prize money.