the LPGA Tour Championship will award record prize money to women golfers from 2024 after agreeing a new 2-year contract with sponsor CME Group the overall purse for the end of season event is to increase from $7 million 5.6 million to1 million £8.85 million the price for the winner doubles from $2 million £1.6 million to $4 million 3.2 million with the runner-up taking home $1 million £800,000 every player in the 60 strong field will also be guaranteed at least $55,000 £4,250 for the first time LPGA commissioner Molly Maru saman said the deal underscores the growth and strength of the LPGA financial services company CME Group has sponsored the season ending TOUR Championship since 2011 and the season long points race currently titled race to the CME Globe since its introduction in 2014 this year's TOUR Championship begins on Thursday at the Tiburon Golf Club in Florida with New Zealand's Lydia Co the defending champion