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]
The tour began 91 years ago in 1929 and at various times the tournament players had attempted to operate independently from the club professionals.[1][5] 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.[6][7] 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.[8] The increased friction resulted in a new entity in August, what would eventually become the PGA Tour.[9][10][11][12] Tournament players formed their own organization, American Professional Golfers, Inc. (APG), independent of the PGA of America.[13][14][15] Its headquarters were in New York City.[10]
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.[citation needed]
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.
An organization called the PGA European Tour, separate from both the PGA Tour and the PGA of America, runs a tour, mostly in Europe, but with events throughout the world outside of North America, that is second only to the PGA Tour in worldwide prestige. Several other regional tours are around the world. However, the PGA Tour, European Tour, and many of the regional tours co-sponsor the World Golf Championships. These, along with the major championships, usually count toward the official money lists of each tour as well as the Official World Golf Ranking.[citation needed]
Team: A United States team of 12 elite players competes in the Ryder Cup and the Presidents Cup in alternate years. The Ryder Cup, pitting a team of U.S. golfers against a European team, is arguably the highest profile event in golf, outranking the majors. The Presidents Cup, which matches a team of U.S. golfers against an international team of golfers not eligible for the Ryder Cup, is less well established, but is still the main event of the week when it is played. There is no prize money in these events, so they are irrelevant to the money list, but an immense amount of pride rides on the results.
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.
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Date changes: The Houston Open was moved back six months, from April to October. The Greenbrier Classic was moved back two months, from July to September. Due to the scheduling changes, neither tournament had been on the 2018–19 schedule. The 3M Open moved back three weeks, from early July to late July. The Sanderson Farms Championship moved up five weeks, from late October to mid September. The Shriners Hospitals for Children Open moved up four weeks, from early November to early October. The Rocket Mortgage Classic moved up four weeks, from late June to late May. And the tandem of the WGC-FedEx St. Jude Invitational and Barracuda Championship moved up three weeks, from late July to early July to accommodate the 2020 Summer Olympics.

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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