The Tour continues through the fall, with the focus on the scramble of the less successful players to earn enough money to retain their tour cards. A circuit known as the Fall Series, originally with seven tournaments but now with four, was introduced in 2007. In its inaugural year, its events were held in seven consecutive weeks, starting the week after the Tour Championship. As was the case for the FedEx Cup playoff schedule, the Fall Series schedule was also tweaked in 2008 and 2009. The first 2008 Fall Series event was held opposite the Ryder Cup, and the Fall Series took a week off for the Tour Championship before continuing with its remaining six events.[citation needed]
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]
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.
The PGA Tour (stylized in all capital letters as PGA TOUR by its officials) is the organizer of the main professional golf tours played primarily by men in the United States and North America. It organizes most of the events on the flagship annual series of tournaments also known as the PGA Tour, as well as PGA Tour Champions (for golfers age 50 and older) and the Korn Ferry Tour (for professional players who have not yet qualified to play in the PGA Tour), as well as PGA Tour Canada, PGA Tour Latinoamérica, and PGA Tour China. The PGA Tour is a nonprofit organization[2] headquartered in Ponte Vedra Beach, Florida, a suburb of Jacksonville.[3]
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.
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.
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