How much is a Masters green jacket worth? From $5 to one man's freedom

Ed. note: This article was originally published on April 13, 2025. The “value” of a green jacket presented to the winner of The Masters can vary depending on who you ask.Some will say it’s priceless, as it represents entry into one of the most exclusive clubs in all of sports. Others will say it jumps annually since the purse for the champion increases. For example, 2024 winner Scottie Scheffler secured a check for $3.6 million while securing his second green jacket. (Although repeat winners technically do not get multiple jackets for multiple wins — after all, you can only wear one.) And still others will point to previous sales of the few that have made it to the secondary market over the years. If sold in an auction platform, green jackets could command values into the seven digits depending on the player it was awarded to, given the scarcity of the item.But it also might cost someone their freedom.Advertisement