Before the transition, the Tour held a group of events known as the PGA Tour Fall Series, which provided a final opportunity for golfers to make the top 125 in season earnings and thereby retain their Tour cards. With the change to an October-to-September season, several of the former Fall Series events will now open the season. The Tour also sanctions two events in Asia during that part of the year:
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.
Before the transition, the Tour held a group of events known as the PGA Tour Fall Series, which provided a final opportunity for golfers to make the top 125 in season earnings and thereby retain their Tour cards. With the change to an October-to-September season, several of the former Fall Series events will now open the season. The Tour also sanctions two events in Asia during that part of the year:
After several months,[16] 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.[17][18][19][20] The board consisted of four tour players, three PGA of America executives, and three outside members, initially business executives.[18][19][21]
Some events take place outside the United States: Canada, Mexico, Malaysia, South Korea, Japan, the Dominican Republic, Bermuda and the U.S. possession of Puerto Rico host one sole-sanctioned event each year. The events in Puerto Rico, Bermuda and the Dominican Republic are alternate events held opposite World Golf Championships tournaments and therefore have weaker fields than regular Tour events. In addition, Mexico and China host World Golf Championships and the United Kingdom hosts a major championship.
There are also a number of events which are recognized by the PGA Tour, but which do not count towards the official money list. Most of these take place in the off season (November and December). This slate of unofficial, often made-for-TV events (which have included the PGA Grand Slam of Golf, the Wendy's 3-Tour Challenge, the Franklin Templeton Shootout, the Skins Game, etc.) is referred to as the "Challenge Season" or more commonly as the "Silly Season."
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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.[70] 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.[70] 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.[71] 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.[72] 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.[69] 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 PGA Tour is also covered extensively outside the United States. In the United Kingdom, Sky Sports was the main broadcaster of the tour for a number of years up to 2006. Setanta Sports won exclusive UK and Ireland rights for six years from 2007 for a reported cost of £103 million. The deal includes Champions Tour and the Nationwide Tour events, but like the U.S. television deals it does not include the major championships, and unlike the U.S. deal, it does not include the World Golf Championships. Setanta set up the Setanta Golf channel to present its coverage.[49] On June 23, 2009, Setanta's UK arm went into administration and ceased broadcasting. Eurosport picked up the television rights for the remainder of the 2009 season.[50] Sky Sports regained the TV rights with an eight-year deal from 2010 to 2017.[51] In South Korea, SBS, which has been the tour's exclusive TV broadcaster in that country since the mid-1990s, agreed in 2009 to extend its contract with the PGA Tour through 2019. As a part of that deal, it became sponsor of the season's opening tournament, a winners-only event that was renamed the SBS Championship effective in 2010.[52] In 2011 however, Korean automobile manufacturer Hyundai took over the title sponsorship, but SBS still remains a sponsor of the event.[53]
On March 20, 2012, the tour announced radical changes to the tour's season and qualifying process.[66][67] Further details of these changes relating to the Fall Series were announced on June 26,[68] with the remaining details announced on July 10.[69] One of the final details received a minor tweak, effective for the 2013 season only, on September 11.[70]

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.[22][23] He was succeeded by tour player Deane Beman in early 1974,[24] who served for twenty years. The name officially changed to the "PGA Tour" in 1975.[25] Beman was succeeded by commissioner Tim Finchem in June 1994. On January 1, 2017, Jay Monahan succeeded Finchem as commissioner.[26]


Fall Series (defunct): Prior to the 2013 season, the PGA Tour included a fall series consisting of those events after the final playoff event of the FedEx Cup season (The Tour Championship) through the end of the calendar year. These events provided extra opportunities for players to retain their cards by finishing within the top 125 of the money list. Since fall 2013 (the 2014 season), the events held in the fall have opened the tour season, and receive full FedEx Cup points allocations and Masters invitations.

Most members of the tour play between 20 and 30 tournaments in the season. The geography of the tour is determined by the weather. It starts in Hawaii in January and spends most of its first two months in California and Arizona during what is known as the "West Coast Swing" and then moves to the American Southeast for the "Southern Swing." Each swing culminates in a significant tour event. In April, tour events begin to drift north. The summer months are spent mainly in the Northeast and the Midwest, and in the fall (autumn) the tour heads south again.[citation needed]
Three of the four majors take place in eight weeks between June and August. In the past, this has threatened to make the last 2-1/2 months of the season anti-climactic, as some of the very top players competed less from that point on. In response, the PGA Tour has introduced a new format, the FedEx Cup. From January through mid-August players compete in "regular season" events and earn FedEx Cup points, in addition to prize money. At the end of the regular season, the top 125 FedEx Cup points winners are eligible to compete in the "playoffs", four events taking place from mid-August to mid-September. The field sizes for these events are reduced from 125 to 100 to 70 and finally the traditional 30 for the Tour Championship. Additional FedEx Cup points are earned in these events. At the end of the championship, the top point winner is the season champion. To put this new system into place, the PGA Tour has made significant changes to the traditional schedule.[citation needed]
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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.
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