LPGA prize fund for 2024 season rises to record 118 million US Dollars

GRAND RAPIDS, MICHIGAN - JUNE 18: Leona Maguire of Ireland acknowledges fans after a putt on the 18th green during the final round of the Meijer LPGA Classic for Simply Give at Blythefield Country Club on June 18, 2023 in Grand Rapids, Michigan. (Photo by David Berding/Getty Images)
LPGA players will compete for a record 118million US dollars (£95million) next season, Tour officials have announced.
The 2024 total prize fund represents a 69 per cent increase from 2021's figure of approximately 70million US dollars (£56million).
"The 2024 LPGA Tour schedule reflects our historic growth," commissioner Mollie Marcoux Samaan said.
"With new events and improved geographic flow, enhancing the athlete experience, our global reach and competitiveness have never been stronger.
"As we embark on this season, we celebrate the remarkable journey of women's golf, anticipating thrilling competition and unforgettable moments for fans worldwide."
The schedule features a record 16 tournaments with purses of at least £2.4million, including 10 events outside the majors and Tour Championship.
An increase in the CME Group Tour Championship's purse from £5.6million to £8.8million was announced on Wednesday.