The men's major golf championships, commonly known as the Major Championships, and often referred to simply as the majors, are the four most prestigious annual tournaments in professional golf. In order of play date, they are:
Alongside the biennial Ryder Cup and Presidents Cup team competitions, the majors are golf's marquee events. Elite players from all over the world participate in them, and the reputations of the greatest players in golf history are largely based on the number and variety of major championship victories they accumulate. The top prizes are not actually the largest in golf, being surpassed by The Players Championship, three of the four World Golf Championships events (the HSBC Champions, promoted to WGC status in 2009, has a top prize comparable to that of the majors), and some other invitational events. However, winning a major boosts a player's career far more than winning any other tournament. If he is already a leading player, he will probably receive large bonuses from his sponsors and may be able to negotiate better contracts. If he is an unknown, he will immediately be signed up. Perhaps more importantly, he will receive an exemption from the need to annually re-qualify for a tour card on his home tour, thus giving a tournament golfer some security in an unstable profession. Currently, the PGA Tour gives a five-year exemption to all major winners, while the European Tour gives a seven-year exemption.
Three of the four majors take place in the United States. The Masters is played at the same course, Augusta National Golf Club, every year, while the other three rotate courses (the Open Championship, however, is always played on a links course). Each of the majors has a distinct history, and they are run by four different golf organizations, but their special status is recognized worldwide. Major championship winners receive the maximum possible allocation of 100 points from the Official World Golf Ranking, which is endorsed by all of the main tours, and major championship prize money is official on the three richest regular (i.e. under-50) golf tours, the PGA Tour, European Tour and Japan Golf Tour.