The tour began 91 years ago in 1929 and at various times the tournament players had attempted to operate independently from the club professionals. With an increase of revenue in the late 1960s due to expanded television coverage, a dispute arose between the touring professionals and the PGA of America on how to distribute the windfall. The tour players wanted larger purses, where the PGA desired the money to go to the general fund to help grow the game at the local level. Following the final major in July 1968 at the PGA Championship, several leading tour pros voiced their dissatisfaction with the venue and the abundance of club pros in the field. The increased friction resulted in a new entity in August, what would eventually become the PGA Tour. Tournament players formed their own organization, American Professional Golfers, Inc. (APG), independent of the PGA of America. Its headquarters were in New York City.
Alternate: Events which are played in the same week as a higher status tournament (either a WGC or the Open Championship) and therefore have weakened fields and reduced prize money. They are often considered an opportunity for players who would not qualify for certain events due to their world rankings, positions on the FedEx Cup points list, or position on the Tour's priority list to move up more easily or have an easier attempt at a two-year exemption for winning a tournament. Because of their weaker fields, these events usually receive the minimum amount of world ranking points reserved for PGA Tour events (24 points) and fewer FedEx Cup points than most tournaments (300 points instead of 500). Alternate event winners also do not earn Masters invitations. Fields for alternate events have 132 players. These events have 12 unrestricted sponsor exemptions, four more than the regular events.
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The 2013 season, which was the last before the tour transitioned to a schedule spanning two calendar years, had 40 official-money events in 38 weeks, including three alternate events played the same week as a higher-status tournament. The other event that is considered part of the 2013 season is the biennial Presidents Cup, matching a team of golfers representing the US with an "International" team consisting of non-European players (Europeans instead play in the Ryder Cup, held in even-numbered years).
Since 2013, 50 Korn Ferry Tour golfers earn privileges during the next PGA Tour season, which now begins the month after the Tour Finals. The top 25 money winners over the regular season (i.e., before the Tour Finals) receive PGA Tour cards, as do the top 25 money winners in the Finals. The priority position of all 50 golfers on the PGA Tour is based on money earned during the Tour Finals, except that the regular season money leader shares equal status with the Finals money leader. In addition, a golfer who wins three events on that tour in a calendar year earns a "performance promotion" (informally a "battlefield promotion") which garners PGA Tour privileges for the remainder of the year plus the following full season.
Non-members can play their way into the PGA Tour by finishing the equivalent or better of 125th in FedEx Cup points. Those who fail but fall within the top 200 in current season points are eligible for the Korn Ferry Tour Finals. During the season, non-members can earn Special Temporary Member status by exceeding the equivalent of 150th in the previous season's FedEx Cup. Special Temporary Members receive unlimited sponsor exemptions, while non-members are limited to seven per season and twelve total 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.