Charles Schwab Challenge Raises Purse, Highlights Leaders

The 2025 Charles Schwab Challenge at Colonial Country Club in Fort Worth, Texas, features a $9.5 million purse, up from $9.1 million in 2024, with the winner set to receive $1.71 million, a Leonard Trophy, the iconic plaid jacket, and a restored 1992 Defender. After three rounds, Ben Griffin and Matti Schmid led the field by four shots, while Scottie Scheffler and Rickie Fowler remain within striking distance. The runner-up will earn $1.035 million, third place $655,500, and the top 22 finishers will all receive six-figure payouts. The tournament, which is not a Signature PGA Tour event, saw 80 players advance past the cut after two rounds. Prize money for those making the cut ranges from nearly $1.71 million to $17,575 for the lowest finisher. The event continues to balance tradition and modern expectations, drawing attention for its competitive field and lucrative rewards.