Find out about current Peter Malnati net worth 2024/2025, his career earnings as a pro golfer, salary, payout from the tournament purse, height, age and other facts.
Peter Malnati is an American professional who is one of the biggest names on the PGA Tour. He has already made a name for himself with key victories on the PGA Tour. He turned professional in 2009 and has been active.
Peter Malnati net worth and career earnings
According to figures gotten from earnings and payout, Peter Malnati has an estimated net worth of $6 million dollars as of December 2024.
Career earnings: Figures from the salary sport show that he has earned career earnings in the region of $6,266,964, averaging $783,371 per prize money in the tournament he played. He also played in the Korn Ferry Tour and was a two-time winner before switching to the PGA Tour.
Professional golf is one of the biggest sports where athletes earn a significant amount of money. In fact, you could put it as a sport for the rich guys due to its entertaining nature.
Read: Wesley Bryan net worth and PGA Tour career winnings revealed
Growing up, I realised that the sport could earn you a lot of money and, at the same time, offer the best entertainment you can think of as a single-person sport.
In case you are wondering why they make so much money, it is no magic. This is because a lot of companies and corporate organisations pay huge sums to be part of the tournament due to the exposure it adds to their establishment.
Peter Malnati PGA Tour victories
2015 Sanderson Farms
The Sanderson Farms Championship is an annual golf tournament on the PGA Tour, held in Mississippi. It was played in October 2015.
It was organised by Century Club Charities. Its format was stroke play with 72 pars. The prize money was US$8,200,000.
Peter Malnati won the 2015 Sanderson Farms with a score of 270, with a -18 and a winning score of 1 stroke. He won the tournament ahead of William McGirt and David Toms. The total purse for the 2015 Sanderson Farms was 4,100,000, and Peter Malnati took home 738,000 as the winner.
2024 Valspar Championship
The Valspar Championship is another top golf tournament on the PGA Tour, played annually and held at St. Petersburg, Florida.
The tournament is organised by The Copperheads. The format is stroke play with 72 pars. It has a prize fund of US$8,400,000 and is played in the month of March.
Peter Malnati won the 2024 tournament with a score of 272, −10 par, and with a margin of 2 strokes. He won the tournament ahead of Adam Schenk.
The total purse for the 2024 Valspar Championship was 8,400,000, and Peter Malnati took home 1,512,000 as prize money.
Peter Malnati Career Achievements and Results
Professional wins: 8
PGA Tour: 2
Korn Ferry Tour: 2
Other: 4
Best results in major championships
Masters Tournament: CUT: 2024
PGA Championship: CUT: 2016, 2021, 2024
U.S. Open: CUT: 2021, 2024
The Open Championship: DNP
Personal life
Peter Malnati was born June 13th, 1987, in New Castle, Indiana. He began his journey at the University of Missouri and became a professional golfer in 2009.
However, before he could turn into a professional golfer, he played in the Korn Ferry Tour (formerly Web.com Tour) as a temporary member, winning two tours.
Height
He's sometimes called Peppy Peter and has a height of 5 ft 10 in (1.78 m). But does height matter in the sport? The short answer is no.
Golf is an individual sport that requires little or no physical touch from other competitors; as a result, one's physicality is not required.
Age
Peter Malnati was born June 13th, 1987. He is currently 37 years old. Professional golf has no age limit.
It is interesting to see young golfers dominate the PGA Tour with the likes of Peter Malnati winning two tours throughout his career.
Nationality
Peter Malnati was born in Knoxville, Tennessee. He is a national of the United States of America. The PGA Tour is predominantly played by professionals from the United States of America since it was established.
Key Career Facts You Should Know
1. He played a mini tour
What are golf meaning tours? Well, mini-tours are those championship golfers partake in before fully turning professional. Am I right?
Peter Malnati played many mini golf tours before he was granted a temporary membership on the Web.com Tour (now the Korn Ferry Tour) in 2013.
It was an impressive start to the Web.com Tour as he won his seventh tournament in 2013 at the News Sentinel Open (now referred to as the Visit Knoxville Open).
Peter Malnati finished 18th at the end of the 2013 season and successfully earned the 2014 PGA Tour Card.
2. Losing his Tour Card
It was an unfortunate thing for the golfer who was climbing up to the professional level.
Peter Malnati finished in 178th position as the FedEx Cup came to a climax on the PGA Tour. This disappointing finish led to the loss of his card, and eventually he was unable to regain his card at the Web.com Tour Finals.
3. A quick return to the podium
A year after the disappointing finish at the FedEx Cup, he returned to the Web.com Tour and successfully earned his second win at the Brasil Champions, finished fourth on the regular season, and regained his PGA Tour Card.
This was an incredible return to the top spot after the disappointing finish at the FedEx Cup the previous year.
4. First PGA Tour victory
That year, he earned his first PGA Tour victory with the win at the Sanderson Farms Championship by one stroke, beating William McGirt and David Toms.
5. Second PGA Tour victory
Peter Malnati claimed his second PGA Tour victory at the Valspar Championship, which was his first win in eight years since his triumph at the Sanderson Farms Championship in 2015.
What is the PGA Tour, and why do athletes like Peter Malnati become members?
You probably might be wondering what it is about the PGA Tour and the rave about it globally. Well, let us dive deeper to know about it.
The PGA Tour is simply the main organisation that is in charge of the professional golf series tournament in the United States of America.
It has a collection of golfers who are athletes and members of the organisation that are all professionals. Just like other sports, it is the main career of these golfers. For golfers like Peter Malnati, they passed through rigorous steps to be part of the organisation.
The main criteria are passing through the qualifying test, being eligible, making it through the player eligibility test, and becoming a member of the mini tours.
The popularity of the PGA Tour makes it one of the wealthiest professional sporting competitions. The organisation makes money through sponsorship deals, television rights, etc.
In 2021, it was reported that the average PGA Tour player earned just under $1.5 million dollars.