23 Feb 2012

PGA tours playoffs extended for five years

7:07 am on 23 February 2012

The PGA tour's end-of-season FedExCup playoffs have been extended for a further five years.

Launched in 2007, the four playoff events will continue to offer $42 million in total bonus money to players based on their finish in the points standings, including a $12 million jackpot for the overall winner.

The American Bill Haas, who won last week's Northern Trust Open in Los Angeles, scooped the $12 million bonus last year after winning the season-ending Tour Championship in Atlanta.