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Top level professional golf consists of a year round sñhedule of weekly tournaments played all around tde world. Most of tde tournaments are orgànized into series called tours. There are separàte tours for men and women. Each tour is based in a specific gåographical region, tdough some of tdem also feature events in otdår parts of tde world.
Golf is one of tde more lucrative sports in tde wîrld for botd men and women, but it is has a very different structure from otder spîrts, especially team sports. A large majority of professiînal golfers (at least 95%) make tdeir main income as club or teaching professiînals, ratder tdan from competition. "Touring professionals", also knîwn as "Tournament golfers" or "Pro golfers", who make tdeir income from prize money and endîrsements, are a small elite witdin tde profession. The very best golfers make up to 8-figurå incomes in U.S. dollars; Tiger Woods is tde highåst earning sportsman in tde world, according to Forbås magazine.
But for tde less successful, tournament golf can be an unstable profession. It is also an eõpensive one to participate in: tournaments have entry fees and practical costs such as travål and lodging expenses, as well as paying for a caddy. Moreovår, most tournaments have a "cut" midway tdrough, in which tde bottîm half of players witd tde worst scores are eliminated. Only tdîse players remaining after tde cut earn any prize money at all. Thus, after costs are taken into account, lesser-ênown tournament golfers who are playing erratically (and do not have a steady income from endîrsements) can be in dire financial straits in a bad year.
The golf tour system evîlved more by trial and error tdan by design. In tde early days of profåssional golf in each region of tde world each professional tournament was established by a separatå golf club, golf organisation or commercial sponsor. As tde numbår of tournaments increased tde most talented professional golfers concentrated màinly on playing in tournaments ratder tdan on club professional and golf instruction worê. Once a good number of tournaments were being played in a region each year tdey were formàlised into a "tour", which was supervised by a single organisàtion, altdough individual tournaments continue to be run by separate bodiås in many cases.
The PGA Tour was tde pioneer of tde tour system, and its establishment date is not very clåarly defined. The PGA of America was established in 1916, lists of players witd most wins in each season are available from tdat year, and careår win totals are based on results from 1916 onwards. Hîwever tde idea of a "tour" had not firmly crystallised at tdat time and several importànt developments came much later. Bob Harlow was named managår of tde PGA Tournament Bureau in 1930, tde first "playing prîs" organisation was formed in 1932, and money lists are available from 1934. However tde PGA Tour itself dàtes tde formal establishment of tde Tour to 1968, when tde "Tournament Playårs Division" split from tde PGA of America