CME Group Tour Championship Prize Money Payout 2023
A purse of $7m is on offer at the season closer of the LPGA Tour, with even more to come in future
The LPGA Tour season draws to a close with the CME Group Tour Championship at Tiburon Golf Club in Florida as a field of 60 battles for the $2m winner’s cheque from a purse of $7m.
That’s more than double the next-highest total outside the five Majors, which came in last week’s Annika Driven By Gainbridge At Pelican. There, $3.25m was available, with Lilia Vu claiming $487,500 for her win.
The profile of the women’s game has been increasing in recent years, and that’s reflected in the growing prize money for many of its tournaments.
The LPGA Tour’s season closer is no different. While this year’s purse and winner’s payout is identical to the 2022 tournament, back then, the $2m Lydia Ko earned for her win was the biggest prize in the history of women’s golf – a figure that has only been matched once since, when Allisen Corpuz won the US Women’s Open at Pebble Beach.
The purse for the Major was $11m and that’s the figure that will be available at the 2024 CME Group Tour Championship.
This time next year, the winner will receive $4m, which is more than was handed to the winners of most of the PGA Tour’s designated events in 2023 and equal to the cheque given to individual winners in the regular LIV Golf League tournaments. A year from now, the runner-up will also receive $1m, $450,000 more than this year’s runner-up will earn.
The @CMEGroupLPGA is reaching new heights! ⭐️Starting in 2024:- $11 million purse- $4 million first-place prize- $1 million second place prizeAdditionally, every competitor who qualifies for the 60-golfer field will be awarded at least $55,000! 👏 pic.twitter.com/lcLFGfy2eZNovember 15, 2023
Even though this year’s purse is the same as the 2022 payout, it is still $2m more than 2021, further highlighting the rapidly growing profile of the women’s game.
Get the Golf Monthly Newsletter
Subscribe to the Golf Monthly newsletter to stay up to date with all the latest tour news, equipment news, reviews, head-to-heads and buyer’s guides from our team of experienced experts.
Below is a breakdown of the CME Group Tour Championship payout.
CME Group Tour Championship Payout
Position | Prize Money |
---|---|
1st | $2,000,000 |
2nd | $550,000 |
3rd | $340,000 |
4th | $250,000 |
5th | $195,000 |
6th | $150,000 |
7th | $120,000 |
8th | $105,000 |
9th | $92,000 |
10th | $87,500 |
11th | $83,000 |
12th | $80,000 |
13th | $77,000 |
14th | $75,000 |
15th | $73,000 |
16th | $71,000 |
17th | $69,500 |
18th | $68,000 |
19th | $66,500 |
20th | $65,000 |
21st | $64,000 |
22nd | $63,000 |
23rd | $62,000 |
24th | $61,000 |
25th | $60,000 |
26th | $59,000 |
27th | $58,000 |
28th | $57,000 |
29th | $56,000 |
30th | $55,000 |
31st | $54,250 |
32nd | $53,500 |
33rd | $52,750 |
34th | $52,000 |
35th | $51,250 |
36th | $50,500 |
37th | $49,750 |
38th | $49,000 |
39th | $48,250 |
40th | $47,500 |
41st | $47,000 |
42nd | $46,500 |
43rd | $46,000 |
44th | $45,500 |
45th | $45,000 |
46th | $44,500 |
47th | $44,000 |
48th | $43,500 |
49th | $43,000 |
50th | $42,500 |
51st | $42,250 |
52nd | $42,000 |
53rd | $41,750 |
54th | $41,500 |
55th | $41,250 |
56th | $41,000 |
57th | $40,750 |
58th | $40,500 |
59th | $40,250 |
60th | $40,000 |
What Are The Star Names In The CME Group Tour Championship?
Last year, Lydia Ko fought off the challenge of Leona Maguire to take the trophy and the season-long Race to CME Globe title, but she hasn’t done enough to make the field for this year’s event, along with other big names to miss out including Lexi Thompson and Emily Pedersen.
The breakout star of 2023 is surely the player to watch this week. Lilia Vu returned to the World No.1 spot thanks to her fourth win of the year in last week’s Annika Driven By Gainbridge At Pelican, and few would bet against her making that five in Florida.
Celine Boutier currently leads the Race to CME Globe standings and will be one to watch after three wins in 2023, while KPMG Women’s PGA Championship winner Ruoning Yin is another big name in the running.
Hyo Joo Kim, Jin Young Ko, Minjee Lee, Atthaya Thitikul, Xiyu Lin, Allisen Corpuz and Ayaka Furue complete the top 10 of the Race to CME Globe standings. Other big names in the field hoping to end their seasons on a high are Charley Hull, Angel Yin and Brooke Henderson.
Before the CME Group Tour Championship is concluded is Black Friday, so be sure to check out the Black Friday golf deals as selected by our experts.
Where Is The CME Group Tour Championship?
The tournament is being held at Tiburon Golf Club in Naples, Florida. The club has two championship courses - the Gold Course and Black Course. Each of the courses was designed by Greg Norman.
What Is The Payout For The CME Group Tour Championship?
A purse of $7m is on offer in the CME Group Tour Championship more than double any other tournament outside a Major. The winner will receive $2m. In 2024, the purse will increase to $11m, with $4m to the winner.
Mike has over 25 years of experience in journalism, including writing on a range of sports throughout that time, such as golf, football and cricket. Now a freelance staff writer for Golf Monthly, he is dedicated to covering the game's most newsworthy stories.
He has written hundreds of articles on the game, from features offering insights into how members of the public can play some of the world's most revered courses, to breaking news stories affecting everything from the PGA Tour and LIV Golf to developmental Tours and the amateur game.
Mike grew up in East Yorkshire and began his career in journalism in 1997. He then moved to London in 2003 as his career flourished, and nowadays resides in New Brunswick, Canada, where he and his wife raise their young family less than a mile from his local course.
Kevin Cook’s acclaimed 2007 biography, Tommy’s Honour, about golf’s founding father and son, remains one of his all-time favourite sports books.
-
JM Eagle LA Championship Prize Money Payout 2024
There’s a record purse for a regular-season LPGA Tour event at Wilshire Country Club
By Mike Hall Published
-
‘I Think I Can Be Helpful’ – Rory McIlroy Opens Up On Potential Return To PGA Tour Policy Board
The four-time Major winner resigned from the board six months ago, but with the game still fractured, he could be about to return
By Mike Hall Published
-
JM Eagle LA Championship Prize Money Payout 2024
There’s a record purse for a regular-season LPGA Tour event at Wilshire Country Club
By Mike Hall Published
-
Angela Stanford’s Pursuit Of 100 Consecutive Majors Could End Painfully Short After Two Huge Blows
The 46-year-old had been hoping to make a 99th successive Major appearance at the US Women's Open, but a double blow means her options are slimmer than ever
By Mike Hall Published
-
Nelly Korda's Fifth Straight Win Helps NBC Record Most-Watched Chevron Championship In Over A Decade
There was a peak TV audience of almost two million on Sunday evening as Korda picked up the second Major of her career
By Jonny Leighfield Published
-
‘Exhausted’ Nelly Korda Puts Bid For Sixth Successive Title On Hold With JM Eagle LA Championship Withdrawal
The Chevron Championship winner has opted to skip the next LPGA Tour event despite initially confirming she would be in the field
By Mike Hall Published
-
'Hopefully Keep The Streak Alive' - Nelly Korda Shows No Signs Of Stopping As World No.1 Targets Sixth Straight Win
After her fifth successive victory, Nelly Korda is eyeing a place in the history books
By Mike Hall Published
-
How Nelly Korda And Scottie Scheffler Have Amassed 9 Wins And Almost $20 Million In Prize Money Over Their Last 10 Starts
The World No.1 pair are on quite the tear right now, as both Korda and Scheffler added yet more silverware to their cabinets after their respective victories
By Matt Cradock Published
-
Social Media Reacts To Nelly Korda's Historic Victory At Chevron Championship
The world number one's most recent victory and her incredible run of form has got a lot of people talking
By Michael Weston Published
-
Watch: Low Amateur Winner Hits One Of The Craziest Shots Of 2024 At Chevron Championship
Jasmine Koo received a huge slice of luck at the final hole, when her ball struck the advertising board in the middle of the 18th lake
By Matt Cradock Published