Masters Payout 2015: Prize Money Payout for Top Players on Final Leaderboard

Winning the Masters comes with many great perks. In addition to being able to play the tournament every year in the future and a nice green jacket, the champion gets a substantial sum of money for his efforts.

In this case, it's Jordan Spieth reaping the big rewards. It's certainly not a surprise given that he led after each round and made history seemingly every day, culminating with his total record-tying score of 18-under par (Tiger Woods, 1997).

According to Brentley Romine of Golf Week, the total purse for the 2015 Masters exceeds $10 million, with $1.8 million of that going to the champion. It's the largest total purse in tournament history. 

Everyone enters the Masters hoping to win, but even finishing in the top 10 comes with a nice paycheck that most normal people would live on for a couple of years. 

Here's how the top top 10 from this year's Masters will be compensated. 

Position	Player	Payout
1	Jordan Spieth (-18)	$1.8 million
T2	Justin Rose (-14)	$880,000
T2	Phil Mickelson (-14)	$880,000
4	Rory McIlroy (-12)	$480,000
5	Hideki Matsuyama (-11)	$400,000
T6	Paul Casey (-9)	$335,000
T6	Ian Poulter (-9)	$335,000
T6	Dustin Johnson (-9)	$335,000
T9	Hunter Mahan (-8)	$270,000
T9	Zach Johnson (-8)	$270,000
T9	Charley Hoffman (-8)	$270,000

Full payout projections for the top 50 players can be found at Golf Week by clicking here.

One note about the payout for players who finished tied with the same score: The payout sums are added up and divided by the number of players who finished with that score. 

For instance, since Phil Mickelson and Justin Rose finished at 14 under par in a tie for second place, the combined payouts add up to $1.584 million. So take that total, divide it by two for a total of $792,000 and that's what the two will make for four days of work at Augusta. 

Going deeper into the Masters' financial portfolio, Ron Sirak of Golf Digest reported the tournament is projected to generate over $100 million in profits: 

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The Masters makes a lot of money, leaves perhaps even more on the table, spends a lot of money to make its tournament better, and gives away a lot to help grow the game. In all, the Masters will generate about $115 million in revenue this year, according to Golf Digest reporting, more than a five-fold increase from the $22 million the magazine estimated in 1997 for the previous year's Masters. And that $115 million in revenue could translate to a profit of almost $30 million, up from $7 million in our 1997 report.

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It's interesting Sirak would use the 1997 Masters as the comparison point. That was the year Tiger Woods had his breakout performance, shooting 18 under par as a 21-year-old.

This year featured another breakout 21-year-old. Spieth was the storyline from start to finish and has become a new sensation in the golf world, which was captured nicely by this SportsCenter tweet:

It's impossible to overstate how impressive Spieth was this weekend. Not only did he tie Woods' tournament record by shooting 18 under par, but he set scoring records on Friday and Saturday, via Chris Chase of USA Today's For The Win:

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Spieth was historic on almost every day at Augusta. His first-round 64 was one off the Augusta single-round record. He came back with a 66 to break Ray Floyd’s 36-hole record from 1976, then set the 54-hole mark held jointly by Floyd and Tiger Woods from 1997. Tiger, of course, held the overall record from his miracle coming out party in ’97, which Spieth tied on Sunday.

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Yet Spieth needed to be on point because Phil Mickelson and Justin Rose did as good of a job as two players can keeping pace with someone making history. 

According to Kyle Porter of CBS Sports, Mickelson and Rose's score of 14-under par would have been good enough to win the vast majority of previous Masters tournaments:

As the old sports cliche goes, it's not how you play but when you play. It's hard to feel bad for Mickelson, who has won at Augusta three times, but Rose has yet to wear a green jacket and had previously never come closer to winning. 

Rose does get to walk away from the Masters with $880,000, which will take some of the sting away from coming up short. The competitor isn't going to like not winning, but the husband and father can't complain about the end result. 

In addition to the money Spieth collects for winning the Masters, he also stands to become a marketing machine. Being a 21-year-old who just did something at the biggest golf event of the year, only equaled by Woods as he was becoming a legend, makes the young Texas native an advertising dream. 

John Strege of Golf Digest was told by Bob Williams of Burns Entertainment & Sports Marketing in May 2014 that Spieth was already on pace to join a select group of golfers making $10 million per season in endorsements:

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Timing in the endorsement world is second only to performance. Jordan needs to win golf tournaments over an extended period of time to increase the number of endorsements and the dollar amounts for each deal. But if he’s able to do that, the timing is such, you have an injured Tiger Woods who looks to some to be on the backside of his career, and Phil Mickelson in his early 40s and looking at a short-term future of world-class golf.

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Spieth is winning tournaments and has moved into the category of best player in the world. That spot has been occupied solely by Rory McIlroy—who was fantastic at the Masters, shooting 10 under par over the final two rounds—for a couple of years.

The key for Spieth is dealing with the expectations that come with this kind of performance. He has to be in contention at every tournament he enters from now on—or else analysts will pick his game apart like they do with Woods.

It's a high bar to climb, but if any young star seems capable of doing it, Spieth is the man. He's got the green jacket and million-dollar paycheck to prove it.