Europe-based DP World Tour players will receive guaranteed money for the first time in the 2023 season.
Prize money hits a record $144.2m (£124m) for tournaments on the circuit outside of the four major men’s tournaments and the WGC Matchplay event in Texas, which also count on the schedule of the tour.
But Valderrama, the recent home of the Andalucia Masters and the 1997 Ryder Cup, will not host a tournament.
It is believed that the Spanish site will host one of LIV Golf’s events in 2023.
A new ‘Revenue Assurance Programme’ guarantees a minimum of $150,000 (£133,120) to players who participate in 15 or more events on the DP World Tour, which kicks off in the Southern Hemisphere later this month .
DP World Tour general manager Keith Pelley said the change “recognizes and rewards” player achievements.
The initiative was agreed at a meeting of the tour’s tournament committee last week. It is supported by the Tour’s enhanced partnership with the US-based PGA Tour, which was strengthened last June.
The US Tour is introducing a guaranteed income of $500,000 for its players, among a series of measures introduced to help combat the threat posed by the Saudi-funded LIV outfit.
“I have always believed that it is an incredible accomplishment for any professional golfer to simply get their playing rights,” Pelley said in a statement.
“And this new initiative recognizes and rewards that achievement.
“While we never lose the magic of meritocracy and the purity of a performance-based structure, it now provides income certainty for players who have reached the pinnacle of professional gaming in Europe.”
Pelley’s schedule for the new season includes at least 39 tournaments to be played in 26 countries, starting with the jointly sanctioned Australian PGA Championship in Brisbane and the Joburg Open in South Africa.
Both tournaments begin on November 24.
There will be a prize increase from $8 million to $9 million for the first four Rolex Series events in 2023; the Abu Dhabi Championship, the Dubai Desert Classic, the Scottish Open and the PGA Championship at Wentworth.
The schedule includes new tournaments in Singapore, Thailand and South Korea, while the Irish Open at the K Club moves to a new date in early September.
The Italian Open will be played in early May at the Marco Simone Golf and Country Club which will host the Ryder Cup near Rome in the fall.
“Our overall prize pool for the 2023 season is nearly $30 million more than five years ago and also underscores the strength of our partnership with the PGA Tour, who are working with us to generate revenue and plan for growth. long term,” Pelley added. .
This year’s season concludes with the DP World Tour Championship in Dubai from November 17-20.