The Pro Tour (often abbreviated as PT), is the highest form of competitive play for the Magic: The Gathering collectible card game. It consists of a series of tournaments held throughout the world, each requiring an invitation to participate. Every Pro Tour awards a total of $250,000 in cash prizes, with $40,000 going to the winner. Pro Tour competitors also receive Pro Points, the amount depending on their results. Pro Points award special benefits to players, including automatic qualification and travel awards for subsequent Pro Tours. Currently, four Pro Tours are held during a twelve-month season.
The Pro Tour was introduced in 1996 with the first event being held in New York. Over 100 such tournaments have been held since.
Finishing within the Top 8 of a Pro Tour is considered to be one of the greatest accomplishments a competitive Magic player can achieve. Professional players are thus often compared by the number of Pro Tour Top 8 finishes they have made throughout their career. The most successful players on the Pro Tour are Kai Budde, who won seven Pro Tours out of ten Top 8 finishes, and Jon Finkel, who won three Pro Tours, while making it to the Top 8 sixteen times.
The first major Magic: The Gathering tournament was the 1994 World Championship held at Gen Con '94. It was a single-elimination 512-person Constructed event run over three days of competition. The winner, Zak Dolan, received a trophy but no money. However, Dolan was also given a large number of booster packs from various expansions, Arabian Nights through Ice Age, along with a deck of poker cards with Magic: The Gathering backs on them and a T-shirt. The secondary market value of those packs today would exceed many tournament payoffs, but is still not quite equal to the cash prizes of the current Pro Tour payouts. Another World Championship was organized in 1995.
In 1995 Brand Manager Skaff Elias suggested that organized play needed to take the step to the next level. The idea was to run several tournaments each year that would gather the best players in the world and reward them with cash for their dedication to the game. Players should have something to aspire to. Elias and Mark Rosewater along with others started to work on the concept. On 16–18 February 1996 the first Pro Tour, very briefly called The Black Lotus Pro Tour, was held in New York. The first Pro Tour season included three more Pro Tour events, culminating in the final Pro Tour, the World Championship, held in Seattle. In the following years a Pro Tour season (one year) always consisted of five and later six Pro Tours. From 2003 to 2005 Wizards of the Coast made an effort to bring the Pro Tour seasons in accordance with the calendar year instead of having the seasons last from August to August the next year. This resulted in two seasons of seven Pro Tours. Afterwards Pro Tour seasons were reduced to five and later four Pro Tours a year. In 2012, the season schedule was again adjusted, now starting and ending in May. Additionally, the World Championship lost its status as a Pro Tour event, resulting in three Pro Tours to be held each season. In 2014, the amount of Pro Tours went back up to four a season.