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Players Championship increases purse to $15 million

SAN DIEGO — The PGA Tour is raising the prize money at The Players Championship to $15 million, making it the largest purse in golf unless any of the majors decide to up the ante this year.

The winner of March 12-15 event at TPC Sawgrass in Ponte Vedra Beach, Florida, will receive $2.7 million, nearly as much as Tiger Woods earned in his first two seasons as a pro.

PGA Tour Commissioner Jay Monahan announced the increase at the annual players meeting this week at Torrey Pines during the Farmers Insurance Open, according to several players.