In 2022, Lydia Ko triumphed at the Tour Championship, securing not only the CME Globe Trophy but also the Rolex Player of the Year and the Vare Trophy for the lowest seasonal average.
From 2024, the LPGA Tour Championship is set to offer unprecedented prize money for female golfers, following a renewed two-year agreement with its sponsor, CME Group.
The total prize fund for this pinnacle season event will see a substantial increase, jumping from the current $7 million (£5.6 million) to a staggering $11 million (£8.85 million).
The champion’s share is set to double, rising from $2 million (£1.6 million) to $4 million (£3.2 million), while the second-place finisher will earn $1 million (£800,000).
For the first time ever, each competitor in the 60-player field is guaranteed a minimum of $55,000 (£44,250).
Mollie Marcoux Samaan, the LPGA Commissioner, highlighted the agreement as a testament to the LPGA’s growing prominence and strength.
The financial services giant CME Group has been the title sponsor for the season-closing Tour Championship since 2011 and has backed the season-long points competition, presently known as the Race to the CME Globe, since its inception in 2014.
The upcoming Tour Championship is scheduled to commence this Thursday at Florida’s Tiburon Golf Club, with New Zealand’s Lydia Ko returning as the reigning champion.
Frequently Asked Questions (FAQs) about LPGA Tour Championship 2024
What is the new prize money for the LPGA Tour Championship in 2024?
The LPGA Tour Championship in 2024 will have a total prize fund of $11 million, up from $7 million, with the winner receiving $4 million, doubling the previous amount.
Who won the LPGA Tour Championship in 2022?
Lydia Ko won the 2022 LPGA Tour Championship, also earning the CME Globe Trophy, Rolex Player of the Year, and the Vare Trophy for the lowest seasonal average.
Who is sponsoring the LPGA Tour Championship?
The financial services company CME Group has been sponsoring the LPGA Tour Championship since 2011 and the Race to the CME Globe since 2014.
Where will the upcoming LPGA Tour Championship be held?
The upcoming LPGA Tour Championship will be held at the Tiburon Golf Club in Florida.
What does the new sponsorship deal indicate for the LPGA?
According to LPGA Commissioner Mollie Marcoux Samaan, the new sponsorship deal underscores the growth and strength of the LPGA.
More about LPGA Tour Championship 2024
- LPGA Tour Championship Prize Money
- Lydia Ko’s 2022 Triumph
- CME Group Sponsorship of LPGA
- Race to the CME Globe
- Mollie Marcoux Samaan on LPGA Growth
- Tiburon Golf Club Venue Details
5 comments
Tiburon Golf Club is a great venue, been there once. Should be a fantastic championship this year.
wow, $11 million for the LPGA that’s huge! shows how much women’s golf is growing, great news!!
I heard about this, the LPGA’s really stepping up. Hope the players get the recognition they deserve. Go ladies!
doubling the prize money? that’s a big move by CME Group. shows they’re really invested in the sport.
Lydia Ko is such a star, winning last year and now defending her title, can’t wait to see her play again this year.