The Rookie of the Year award was also introduced in 1990. Players are eligible in their first season of PGA Tour membership if they competed in less than seven events from any prior season. Several of the winners had a good deal of international success before their PGA Tour rookie season, and some have been in their thirties when they won the award. In March 2012, a new award, the PGA Tour Courage Award, was introduced in replacement of the defunct Comeback Player of the Year award.
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Due to the multiplicity of names, there is often confusion as to what the PGA Tour organization does and does not run. Of the events in the PGA Tour schedule, it does not run any of the four major championships (the Masters Tournament, the U.S. Open, The Open Championship and the PGA Championship), or the Ryder Cup. The PGA of America, not the PGA Tour, runs the PGA Championship, the Senior PGA Championship, and co-organizes the Ryder Cup with Ryder Cup Europe, a company controlled by the PGA European Tour. Additionally, the PGA Tour is not involved with the women's golf tours in the U.S., which are mostly controlled by the LPGA. The PGA Tour is also not the governing body for the game of golf in the United States; this, instead, is the role of the United States Golf Association (USGA), which organizes the U.S. Open. What the PGA Tour does organize are the remaining 43 (in 2009) week-to-week events, including The Players Championship and the FedEx Cup events, as well as the biennial Presidents Cup. It also runs the main tournaments on five other tours: PGA Tour Champions, the Korn Ferry Tour (formerly known as Web.com Tour), PGA Tour Canada, PGA Tour China, and PGA Tour Latinoamérica.
In 2008, the PGA Tour Policy Board approved a change in the number of players that will make the cut. The cut will continue to be low 70 professionals and ties, unless that results in a post-cut field of more than 78 players. Under that circumstance, the cut score will be selected to make a field as close to 70 players as possible without exceeding 78. Players who are cut in such circumstances but who have placed 70th or worse will get credit for making the cut and will earn official money and FedEx Cup points. This policy affected two of the first three events with cuts, the Sony Open in Hawaii and the Buick Invitational. In late February, the Policy Board announced a revised cut policy, effective beginning with the Honda Classic. The new policy calls for 36-hole cut to the low 70 professionals and ties and, if that cut results in more than 78 players, a second 54-hole cut to the low 70 professionals and ties. Those who do not survive the 54-hole cut are designated as MDF (made the cut, did not finish). For the 2020 season, the cut line was reduced to 65 plus ties and eliminated the 54-hole cut.
Originally established by the Professional Golfers' Association of America, it was spun off in December 1968 into a separate organization for tour players, as opposed to club professionals, the focal members of today's PGA of America. Originally the "Tournament Players Division", it adopted the name "PGA Tour" in 1975 and runs most of the week-to-week professional golf events on the tournament known as the PGA Tour, including The Players Championship, hosted at TPC Sawgrass; the FedEx Cup, with its finale at The Tour Championship at East Lake Golf Club; and the biennial Presidents Cup. The remaining events on the PGA Tour are run by different organizations, as are the U.S.-based LPGA Tour for women and other men's and women's professional tours around the world.
As announced in 2017, the US PGA Championship was moved from August to May, starting in 2019. The PGA of America cited the addition of golf to the Summer Olympics, as well as cooler weather enabling a wider array of options for host courses, as reasoning for the change. It was also believed that the PGA Tour wished to re-align its season so that its FedEx Cup Playoffs would not have to compete with the start of the NFL season in early September, since both United States broadcast partners (CBS and NBC) are NFL broadcast partners.
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.
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.