Baker-Finch had a 10-year exemption from the PGA Tour for his Open Championship win, leaving him exempt until 2001. He achieved a runner-up finish in The Players Championship in 1992, but otherwise never came close to contending on the PGA Tour again. He picked up wins in Australia in 1992 and 1993 but his form then went into a steep and accelerating decline. He began to lose confidence in his game and tinkered with his swing often. His last top-10 finish on the PGA Tour was a tie for 10th in the 1994 Masters Tournament.