Brexit! Open Championship Purse Up, Value Way Down

As Joel Beall explains at GolfDigest.com, a small bump in The Open Championship purse is offset and then some by the plummeting pound, which hit a new low Tuesday.

Beal writes of what the drop means to first place money:

Meaning that, while Johnson took home a $1.8 million payday for winning the British Open, this year's champ will receive close to $1.54 million, a significant cut in earnings.

The full purse announced Tuesday by the R&A:

Prize money

Place    £                                             Place    £

1          £1,175,000                             36        £34,000

2          £675,000                                37        £32,500

3          £433,000                                38        £31,000

4          £337,000                                39        £30,000

5          £271,000                                40        £28,750

6          £235,000                                41        £27,500

7          £201,000                                42        £26,250

8          £170,000                                43        £25,000

9          £149,000                                44        £23,750

10        £135,000                                45        £22,500

11        £122,000                                46        £21,500

12        £108,750                                47        £20,500

13        £102,000                                48        £19,500

14        £95,500                                  49        £18,700

15        £89,500                                  50        £18,300

16        £82,000                                  51        £17,900

17        £78,000                                  52        £17,500

18        £74,000                                  53        £17,250

19        £71,000                                  54        £17,000

20        £68,000                                  55        £16,750

21        £64,500                                  56        £16,500

22        £61,500                                  57        £16,300

23        £58,250                                  58        £16,200

24        £55,000                                  59        £16,100

25        £53,000                                  60        £16,000

26        £50,750                                  61        £15,900

27        £48,750                                  62        £15,800

28        £47,000                                  63        £15,700

29        £45,000                                  64        £15,600

30        £43,250                                  65        £15,500

31        £41,500                                  66        £15,400

32        £39,250                                  67        £15,300

33        £38,000                                  68        £15,200

34        £36,750                                  69        £15,100

35        £35,500                                  70        £15,000