The big increase — double what the winner gets this year — comes from a two-year extension with Chicago-based CME Group, which sponsors the season-long Race to CME Globe.
Along with the winner receiving $4 million, the runner-up gets $1 million and all 60 players to reach the season finale are guaranteed at least $55,000.
"As a long-standing supporter of women in business and sports, CME Group is pleased to continue our partnership with the LPGA to further elevate women’s golf,” said Terry Duffy, chairman and CEO of CME Group.
“CME Group has been pushing the LPGA forward at every step of our evolution since 2011 and with this extension they are once again helping take the LPGA, women’s golf and women’s sports to unprecedented heights," LPGA Commissioner Mollie Marcoux Samaan said.
She did not qualify for this year's CME Group Tour Championship, which is for the leading 60 players from a points race.
Persons:
”, Terry Duffy, Mollie Marcoux Samaan, Lydia Ko, ___
Organizations:
PGA, Group, CME Globe, LPGA, CME Group, Tiburon Golf
Locations:
NAPLES, Fla, women's, Chicago