The 1992 Players Championship was a golf tournament in Florida on the PGA Tour, held March 26–29 at TPC Sawgrass in Ponte Vedra Beach. It was the 19th Players Championship and was won by Davis Love III, four strokes ahead of runners-up Ian Baker-Finch, Phil Blackmar, Nick Faldo, and Tom Watson. Defending champion Steve Elkington missed the 36-hole cut by two strokes.