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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.
Without the tour players, the PGA of America became primarily an association of club professionals, but retained control of two significant events; the PGA Championship and the Ryder Cup. The former was an established major championship, but the latter was an obscure match play team event which was not particularly popular with golf fans, due to predictable dominance by the United States. With the addition of players from continental Europe in 1979 and expanded television coverage, it became very competitive and evolved into the premier international team event, lately dominated by Europe. Both events are very important revenue streams for the PGA of America.
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.
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.
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.