Masters Tournament Finances

• The Masters Tournament offers $18 million in prize money, with the winner receiving $3.2 million.
• Unlike other tournaments, even players who miss the cut receive $10,000 to cover expenses.
• Home rentals in Augusta during the Masters are incredibly expensive, ranging from $30,000 to six figures for the week.
• The "Augusta rule," an IRS tax exemption, allows homeowners to rent their homes for up to 14 days without paying taxes on the income.
• This rule originated from the Masters and is now applicable nationwide.
• Merchandise sales at The Masters have unique agreements in sports.