CME Group Tour Championship Offers Record $4M Prize, Highlighting Push for Equal Pay in Women's Golf
November 21, 2024Andrea Lee, who earned her largest check of $664,778 at the U.S. Women’s Open, emphasized the importance of saving for retirement, a lesson influenced by her parents.
The CME Group Tour Championship, taking place this week, boasts a total purse of $11 million, with the winner set to receive a record $4 million prize.
LPGA commissioner Mollie Marcoux Samaan highlighted that this substantial prize exceeds the winnings of three out of four men's majors, underscoring the importance of equitable compensation for players.
CME Group CEO Terry Duffy expressed enthusiasm for the $4 million prize and hopes for even larger amounts in the future, following the extension of the championship through 2027.
Angel Yin, who opened the tournament with a score of 7-under 65, has recently secured financial stability after a challenging four-year period without sponsorships, thanks to a $1 million bonus she won in December 2023.
During a press conference at the tournament, Yin showcased her endorsement deal with a South Korean sunglasses company, reflecting her growing marketability.
Bailey Tardy, who previously earned $30,000 on the Epson Tour, shared her financial struggles, particularly related to traveling and managing a mortgage after purchasing a house earlier this year.
After winning $330,000 at the Blue Bay LPGA in March 2024, Tardy felt a sense of relief, as it allowed her to cover her mortgage and utilities for the year.
Lexi Thompson recalled her first significant paycheck of $195,000 at age 16, which she used to buy a customized Camaro SS, a vehicle that remains with her mother.
Summary based on 1 source
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Golfweek • Nov 21, 2024
CME Group Tour Championship's $4 million winner's prize both historic, life-changing on LPGA