Charles Schwab Cup

Listed below are recipients of Champions Tour awards for golfers aged 50 and over.

Three Champions Tour year-end awards are elected by the players and announced in December. The ceremony is held at a tournament early in the following season. The Jack Nicklaus Trophy is for the player of the year. The other two are the Rookie of the Year and Comeback Player of the Year awards.

The Arnold Palmer Award is given to the player who earns the most Champions Tour money in a season. The Byron Nelson Award goes to the player who has the lowest scoring average (strokes-per-round).

From 2001 through 2015, points were earned for thousands of dollars earned in top-ten finishes at tournaments. From 2008 to 2015, points were doubled at majors and the Charles Schwab Cup Championship.

Beginning in 2016, the Charles Schwab Cup will adopt a playoff format similar to the FedEx Cup playoffs on the regular PGA Tour, though with three total events instead of four on the regular tour. Changes to the format are:

The top five win annuities. Annuities involved in ties are divided amongst the tied players.

Three members of the media form a panel which determines the recipients. The winners receive a medal.

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