CHARLES SCHWAB CUP
Charles Schwab Cup: Facts and Figures
November 05, 2017
- The Schwab Cup trophy (left) and the Charles Schwab Cup Championship trophy are two major goals for the players. (Chris Condon/PGA TOUR)
OVERVIEW: The Charles Schwab Cup Playoffs began in 2016. It is a three-tournament, season-ending competition to determine the Charles Schwab Cup Champion.
The first Playoffs event in 2018 will be the Dominion Charity Classic at Richmond’s Country Club of Virginia James River Course. Next up is the PowerShares QQQ Championship at Sherwood Country Club in Thousand Oaks, California. The finale is the the Charles Schwab Cup Championship, the traditional season-ending event which will be held at Phoenix Country Club for the second year in a row.
The Charles Schwab Cup winner will earn a $1 million bonus and the top five finishers will also receive bonus payouts.
WILDCARD WEEKEND, HOW TO ADVANCE: At the completion of the 2018 SAS Championship the leading 72 players on the money list will advance to the first Playoffs event, the Dominion Charity Classic. The introduction of ‘Wildcard Weekend’ at the SAS Championship allows for one player who finishes in the top 10 on the week, but finishes outside the top 72 on the season-long money list, to advance to the Playoffs.
The second Playoffs event, the PowerShares QQQ Championship, will feature the top 54 players who advanced from the Dominion Charity Classic. The Charles Schwab Cup Championship will then feature the leading 36 players who will compete for the Charles Schwab Cup trophy, designed by Tiffany & Co.
POINTS SYSTEM: A points system will commence starting with the Dominion Charity Classic. Each player’s current money total before the start of the Playoffs will become the equivalent number of points ($330,000 equals 330,000 points). Double points will be earned by each player competing in each of the first two Playoffs events and added to the existing points earned through the SAS Championship (if a player has earned $250,000 through the SAS Championship, then earns $132,000 – or 264,000 points - at the first Playoffs event, his total points will be 514,000 points). This points total is cumulative through the second Playoffs event before a reset of the points takes place in advance of the third and final Playoffs event.
MORE DRAMA: The reset will be similar to the PGA TOUR’s FedExCup which allows the leading five players the opportunity to claim the Charles Schwab Cup if they win the season-finale, but also mathematically allows for the 36th-ranked player to win, depending on his performance at the final Playoffs event and the results of the remainder of the field. Previously, the leading 30 players on the money list had advanced to the season’s final event.
CHARLES SCHWAB CUP WINNERS
Year Winner Won at Event No. Clinched Runner-up 2001 Allen Doyle 37 of 37
SENIOR TOUR Championship Bruce Fleisher 2002 Hale Irwin 32 of 35
Turtle Bay Championship
Bob Gilder 2003 Tom Watson
31 of 31 Charles Schwab Cup Championship
Jim Thorpe 2004 Hale Irwin 30 of 30 Charles Schwab Cup Championship
Craig Stadler 2005 Tom Watson 28 of 28 Charles Schwab Cup Championship
Dana Quigley 2006 Jay Haas 28 of 28 Charles Schwab Cup Championship
Loren Roberts 2007 Loren Roberts 29 of 29 Charles Schwab Cup Championship
Jay Haas 2008 Jay Haas 29 of 29 Charles Schwab Cup Championship
2009 Loren Roberts 25 of 25 Charles Schwab Cup Championship
John Cook 2010 Bernhard Langer
26 of 26 Charles Schwab Cup Championship
2011 Tom Lehman 24 of 24 Charles Schwab Cup Championship Mark Calcavecchia
2012 Tom Lehman 24 of 24 Charles Schwab Cup Championship Bernhard Langer 2013 Kenny Perry 26 of 26 Charles Schwab Cup Championship Bernhard Lange 2014
25 of 26
2015 Bernhard Langer
24 of 24 Charles Schwab Cup Championship Colin Montgomerie 2016 Bernhard Langer
26 of 26 Charles Schwab Cup Championship Colin Montgomerie 2017 Kevin Sutherland 26 of 26 Charles Schwab Cup Championship
PRIZE MONEY ($2.1 million annuity to the top-five point earners at season's end)
Place Money 1st $1 million 2nd $500,000 3rd $300,000 4th $200,000 5th $100,000