The World Golf Championships (WGC) are a group of four annual events for professional golfers created by the International Federation of PGA Tours as a means of gathering the best players in the world together more frequently than the pre-existing four major championships. All four WGC tournaments are official money events on the PGA Tour and the European Tour, and officially sanctioned by the Asian Tour, Japan Golf Tour, Sunshine Tour, and PGA Tour of Australasia.
The WGC tournaments offer comparable prize money to the major championships. In the pantheon of golf events, the WGCs rank below the major championships and above most other competitions, although The Players Championship, promoted by the PGA Tour as the "fifth major", may also claim such status.
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