Sports

Women’s PGA Championship doubles prize money to $9 million US

June 21, 2022
430 2 minutes read

KPMG Women’s PGA Championship will double its purse to $9 Million US. This is another boost for women’s golf. It brings the prize money for five majors to almost triple the amount it was a decade ago.

The prize money for the LPGA Tour’s second-oldest major has increased by 300 percent over 2014, the year that KPMG and PGA of America partnered together with the LPGA Tour in order to increase the prize money and to increase the profile of the LPGA Tour by taking it to fabled venues.

Thursday’s Women’s PGA Championship will be held at Congressional Country Club. The club has hosted three U.S. Opens. The winner will be awarded $1.35 Million.

The USGA has signed ProMedica as a presenting sponsor. This nearly doubled the purse of the LPGA majors’ largest, $10M. Minjee Lee was awarded $1.8M when she won at Pine Needles.

Amundia Evian Championship, France, already announced a $2million increase to $6.8million. AIG Women’s British Open saw steady increases with a new title sponsorship and is now at $6.8million. The Chevron Champion had a purse of $5 million, nearly $2 Million more than the previous year.

This brings the total prize money to the five majors at $37.3 million. The combined prize money for these five tournaments was $13.75million in 2012.

All titles, except the U.S. Women’s Open, have corporate sponsors.

“We are accelerating advancement, development, and empowerment of women both on the golf course and off it.” saidPaul Knopp, the U.S. chairman of KPMG and CEO. “The significantly increased purse size — along with top courses in major markets, network TV coverage, and advanced data and analytics capabilities provided via KPMG Performance Insights — are tangible examples of our commitment to elevate the world-class athletes on the LPGA Tour.”

KPMG Performance Intelligences was launched last spring to provide women with a wealth of statistics that can help them improve their game.

Mollie Marcoux Samaan, LPGA Tour Commissioner, sent the news to her players via email Tuesday morning. It received a lot of attention.

“You heard a murmur coming from the clubhouse. Hey, did your email show that 9 mil.?’ Mariah Stackhouse: “Everybody is super, super excited.” said. “It’s amazing to be a KPMG Ambassador and see us joining the push for increasing and elevating female golf. This championship has been done in terms of competition since KPMG took over. It’s really cementing this championship as one of the most important majors in women’s golf, if it not the premier.

KPMG has been a sponsor of the Women’s PGA. The Women’s PGA has been to Hazeltine, Olympia Fields, Aronimink, and Sahalee since then. These courses have all hosted men’s majors. Nelly Korda, who won the Atlanta Athletic Club title last year to become No. 1 for the first-time.

99 of the 100 top players on the LPGA Tour’s money-list are represented in the field.

Marcoux Samaan: “This is a very important day for the LPGA and for women’s golf and for women’s sports.” said. “And we look ahead to working with KPMG & PGA of America to keep our platform in use to empower young women, and inspire positive changes in the world.”

Source: CBC Sports

June 21, 2022
430 2 minutes read