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Wednesday 04 January 2023 11:27 am

How does darts prize money compare with other sports?

By: Frank Dalleres

Sports Editor

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Michael Smith banked £500,000 in prize money - the biggest payout in darts - for winning the PDC World Championship this week
Michael Smith banked £500,000 in prize money – the biggest payout in darts – for winning the PDC World Championship this week

Michael Smith’s maiden victory at the PDC World Championship earned the St Helens darts player the No1 ranking and £500,000 in prize money. 

It also lifted 32-year-old Smith to No1 in the PDC order of merit, with aggregate earnings of £1.24m over the past 24 months. 

But how does darts prize money compare to the financial rewards in other individual sports? 

The half a million pounds on offer to the winner of the PDC World Championship at Alexandra Palace is the most lucrative payout in darts.

That is almost double the £275,000 pocketed by the winner of Premier League Darts and 10 times as much as the first prize at the rival WDF World Darts Championship, which replaced the now-defunct BDO event.

Smith’s PDC World Championship prize money is equal to that on offer in the equivalent event in snooker. 

Ronnie O’Sullivan also trousered £500,000 when he won the World Snooker Championship for a record-equalling seventh time last year.

But prize money in darts and snooker is dwarfed by the rewards in some other individual sports.

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Darts: PDC aims to reel in Big Fish sponsor in multi-million-pound deal

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Winners of the biggest tournaments in tennis receive more than £2m a time, with four on offer each year.

The US Open is the most lucrative of the Grand Slams, paying $2.6m (£2.2m) to the winners of both the men’s and women’s singles titles last year.

Wimbledon isn’t far behind, with prize money of £2m for its singles champions. 

"I can't speak. I can't speak!" 🎯

ICONIC commentary from @Wayne501Mardle last night 🫶 pic.twitter.com/esGXmBc8Vv

— Sky Sports Darts (@SkySportsDarts) January 4, 2023

And some of the payouts in men’s golf are even bigger. While each of the four men’s majors is worth more than $2m to the winner, the winner of the PGA Tour’s season-ending Tour Championship – Rory McIlroy, in 2022 – cashes in to the tune of $18m (£16m).

It looks set to rise for the very best players as a result of competition from the Saudi-backed LIV Golf circuit, which started last year.

Each LIV Golf event is worth at least $4m to the winner, with the year’s most successful player scooping a further $18m (£16m) in prize money.

Last year, former world No1 Dustin Johnson banked prize money totalling more than $35m from playing just seven events on the LIV Golf tour.

Read more

Rai sees season prize money jump 700 per cent after US PGA Championship win

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