BOISE, Idaho — This Day In Sports…May 29, 1955, 70 years ago today:

Arnold Palmer, the 1954 U.S. Amateur champion , wins his first money as a professional golfer, making $145 for finishing in a tie for 25th place in the Fort Wayne Open. Palmer’s first career victory would come about three months later at the Canadian Open, earning him $2,400. He captured his first major at the 1958 Masters and took home $11,250 ($125,000 in today’s dollars).

It would take Arnie 13 years to pass $1 million dollars in earnings. Today, the elite golfers make that much money in their sleep. According to his website, Palmer’s career earnings on the PGA Tour were just $2.13 million, with 62 victories. He won seven majors over a six-year period from 1958 to 1964. You can only imagine what that would be worth

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