The PGA Tour is approving a major competitive overhaul centered on its Championship Series, creating a two-tier style structure that includes promotion and relegation between events. Under the plan, Championship Series events are set to have 120-player fields and use a 36-hole cut, aligning with the format described by multiple outlets. Each Championship Series tournament will offer a purse of at least $20 million, a key element of the changes. While the details focus on the structure and event specifications, both reports emphasize that the new system is designed to change how players qualify and move within the tour’s competitive framework, rather than relying solely on existing eligibility arrangements. The announcement is presented as a significant shift in the Tour’s operating model, with the minimum $20 million prize money and the standardized field and cut parameters intended to apply across Championship Series events. The reports agree on the core format—120 players, a 36-hole cut, and $20 million purses—along with the broader concept of promotion and relegation within the new tiered setup.