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Open de Espana Prize Money 2024: How Much Will The Winner Earn And Full Purse Breakdown?

Andy Newton Written by Sports EditorAndy Newton
Updated –
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We look at the Open de Espana prize money ahead of this week’s big DP World Tour event in Madrid – where homebred Jon Rahm will be looking for his fourth win in the tournament.

Open de Espana Prize Money Purse Stands at $3.25m in 2024

The players at this week’s Open de Espana golf event on the DP World Tour will be playing for a share of a $3.25m purse – with the winning player banking $552,500 of that.

Despite this being around $1m less than last weekend’s BMW PGA Championship prize for the winner, the 2024 tournament has still attracted a top field – headed by three time champion Jon Rahm.

This Open de Espana prize money total is also up significantly from past years, when the 2022 purse stood at $1.75m and the winner getting $297,500, while between 2018 and 2021 it stood at $1.5m and the winners’ share being $250,000.

Meaning if Jon Rahm, who has finished the 2024 LIV Golf season, can win the event played in his home country again he’ll be winning almost twice as much as he’s done in past years.

Rahm is also expected to play in the Dunhill Links Championship and the Andalucia Masters next month – with these three starts, along with his Olympic appearance in the summer, enough to keep his tour membership and also mean he’ll still be on Luke Donald’s Ryder Cup radar.

RELATED: Jon Rahm Heads Open de Espana Field As Spanish Big-Hitter Looks For Fourth Title

When Is The Open de Espana 2024?

šŸ“…Date: Thursday 26th Sept – Sunday 29th Sept 2024
šŸŒļøCourse: Club de Campo Villa de Madrid, Spain
šŸ“ŗ TV: Sky Sports
šŸ¤‘ Purse: $3,250.000 (Winner: $552,500)

Open de Espana Prize Money 2024 – The Full Breakdown

  • 1st $552,500
  • 2nd $357,500
  • 3rd $204,750
  • 4th $162,500
  • 5th $137,800
  • 6th $113,750
  • 7th $97,500
  • 8th $81,250
  • 9th $72,800
  • 10th $65,000
  • 11th $59,800
  • 12th $55,900
  • 13th $52,325
  • 14th $49,725
  • 15th $47,775
  • 16th $45,825
  • 17th $43,875
  • 18th $41,925
  • 19th $40,300
  • 20th $39,000
  • 21st $37,700
  • 22nd $36,725
  • 23rd $35,750
  • 24th $34,775
  • 25th $33,800
  • 26th $32,825
  • 27th $31,850
  • 28th $30,875
  • 29th $29,900
  • 30th $28,925
  • 31st $27,950
  • 32nd $26,975
  • 33rd $26,000
  • 34th $25,025
  • 35th $24,050
  • 36th $23,075
  • 37th $22,425
  • 38th $21,775
  • 39th $21,125
  • 40th $20,475
  • 41st $19,825
  • 42nd $19,175
  • 43rd $18,525
  • 44th $17,875
  • 45th $17,225
  • 46th $16,575
  • 47th $15,925
  • 48th $15,275
  • 49th $14,625
  • 50th $13,975
  • 51st $13,325
  • 52nd $12,675
  • 53rd $12,025
  • 54th $11,375
  • 55th $11,050
  • 56th $10,725
  • 57th $10,400
  • 58th $10,075
  • 59th $9,750
  • 60th $9,425
  • 61st $9,100
  • 62nd $8,775
  • 63rd $8,450
  • 64th $8,125
  • 65th $7,800

The Open de Espana Also Carries 1,500 Ryder Cup Points

In addition to the $3.25m Open de Espana prize money, the players will also compete for 1,500 Ryder Cup points and 5,000 R2DR points.

The next Ryder Cup will be held in 2025 between 26-28th September at Bethpage Black Golf Course Farmingdale, New York in America

Jon Rahm The 2024 Open de Espana Favourite

Fresh from his lucrative LIV Tour 2024 win, where Jon Rahm banked an extra $18m bonus, the Spanish number one golfer will head back home to be the star attraction at this week’s Open de Espana.

The best golf betting sites in the UK, are also taking no chances on Rahm – making him the clear favourite to win the event for a fourth time.

Just behind Rahm in the market is Tommy Fleetwood, Tyrrell Hatton and Shane Lowry. This trio are yet to win the event, with the last English winner James Morrison in 2015 and 2016.

If Rahm can land the odds, he’ll overtake fellow Spainard Seve Ballesteros, who also won the event three times.

While this century the event has produced more home-grown winners when Sergio Garcia (2002), Alvaro Quiros (2010), Miguel Angel Jimenez (2014) and Rafa Cabera-Bello (2021) took the spoils.

Five of the last eight Open de Espana tournaments have been won by a Spanish player.

Rahm also still holds the tournament record when shooting -25 in 2022 to take the title – beating Frenchman Matthieu Pavon by six strokes.

The 2023 Open de Espana Was Won By Matthieu Pavon

French world ranked number 26th Matthieu Pavon won last year’s Open de Espana (2023) and will be back for more in 2024 too.

12 months ago, Pavon, who was also runner-up in 2022, defeated South African Zander Lombard by four strokes with an overall score of -23.

Matthieu also collected $552,500 in Open de Espana prize money, with the figure the same as this year in 2024.

Andy Newton Written by Sports EditorAndy Newton
Andy is a horse racing journalist and betting expert who specializes in trends and stats. With his long association with FromTheStables, Andy has also built up solid contacts with some of the best stables in the UK. Has written for GeeGeez and bookmakers Matchbook and BetBright in the past too, plus was the former sports betting editor of odds comparison site Easyodds and Juicestorm. Has also appeared on betting podcasts for MatchBook and has featured in the popular Weatherbys Cheltenham Festival Guide in the past. Andy's also ghost written for former top jockey Richard Dunwoody and continues to have a monthly column in the Racing Ahead horse racing magazine. Now a regular on Sportscasting giving his views, trends and tips mainly on horse racing - if there's a stat to be explored and it's a sport, Andy is sure to find a betting angle to use. You can also hear Andy's weekly horse racing views and best bets on the popular Final Furlong podcast.
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