The inaugural edition in September 1962 included only the "Big Three" of Arnold Palmer, Jack Nicklaus, and Gary Player. Palmer had won two majors that year and a fourth competitor was not added. Palmer shot a course record 65 in the first round on Saturday, but fell back with a 74 on Sunday. Nicklaus won with 135, four strokes ahead of Palmer and Player. Nicklaus, age 22, won a then-staggering $50,000, with $15,000 for second and $5,000 each for third and fourth, split between the other two for $12,500 each. Opposite this competition was the regular tour event in Denver, which had a winner's share of $4,300. The highest paying major at the time was the Masters with a winner's share of $20,000; Nicklaus had won $17,500 at the U.S. Open at Oakmont, which included a sizable $2,500 playoff bonus from the extra day's gate receipts, well-attended due to the presence of favorite son Palmer. At the time of his big Akron payday, the U.S. Open was Nicklaus' only tour victory as a rookie, but he won the next two events at Seattle ($4,300) and Portland ($3,500).