The overall prize purse for the New Zealand Open will be $1.7 million, an increase of 17% from the last tournament held back in 2020.
The purse will be made up of $1.65 million for the New Zealand Open Championship and $50,000 for the New Zealand Pro-Am Championship.
This year’s tournament will be the tenth year of the Pro-Am format in Queenstown, and it is notable that the prize money has grown from an initial $450,000 to $1.7 million this year.
Tournament Chairman, John Hart confirmed that the winner of the 102nd New Zealand Open will receive a cheque for $297,000 NZD.
“We are delighted to be able to continue to increase the purse for the event. This is due to the continued support of existing sponsors and partners, as well as new sponsorship income. We are delighted with the ongoing support that we have had, particularly in light of such difficult times”.
“Our goal has always been to deliver an event that is financially attractive to the best players from New Zealand, the PGA Tour of Australasia, the Asian Tour and the Japan Golf Tour. And at the same time, make every effort to ensure financial sustainability for the long-term future of the tournament”.
“It is also reassuring that the early entries that we have received, indicate that we will have one of the strongest international professional fields we have ever had,” said Hart.
The 102nd New Zealand Open presented by Sky Sport will take place between March 2 – 5, 2023 at Millbrook Resort in Queenstown.