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.
-
Tripp Isenhour Facts: 10 Things To Know About The Golf Channel Broadcaster
Tripp Isenhour has been a Golf Channel regular since 2008 - here are 10 things to know about the former pro
By Mike Hall Published
-
Adam Sandler Hints At Jack Nicklaus Appearance In Happy Gilmore 2 Movie
The actor, who plays the protagonist in the movie, appeared on the Dan Patrick Show to explain Nicklaus’s role in the sequel
By Mike Hall Published
-
Nelly Korda Debuts New TaylorMade Driver At Grant Thornton Invitational
The World No.1 was spotted using a TaylorMade Qi35 Max driver, which appeared on the USGA’s Conforming Clubs list earlier in the week
By Matt Cradock Published
-
Grant Thornton Invitational Prize Money Payout 2024
How much money is on the line at the Grant Thornton Invitational?
By Elliott Heath Published
-
R&A Introduces New Transgender Policy For Top Women's Golf Events
The R&A has introduced a new transgender policy prohibiting golfers who have been through male puberty from taking part in top women's events
By Paul Higham Published
-
Tony Finau Pulls Out Of Grant Thornton Invitational
Tony Finau has withdrawn from the Grant Thornton Invitational due to a knee injury, with his place alongside Nelly Korda being taken up by Daniel Berger
By Paul Higham Published
-
NCAA Div 1 Champion, World No.14 And LET Winners Amongst 26 Players Who Secured 2025 LPGA Tour Cards
After almost a week of drama, 26 players have secured their playing rights on the LPGA Tour for 2025, with 10 rookies joining the top circuit
By Matt Cradock Published
-
American Pro DQ'd From LET Q-School Without Hitting A Shot
Gabby Lemieux travelled over to North Africa for Ladies European Tour Q-School but was disqualified on the first morning of action
By Jonny Leighfield Published
-
Grant Thornton Invitational Odds, Picks And Predictions
The mixed pairs event returns for another year, with 32 of the biggest names from both the PGA and LPGA Tour circuits featuring once again
By Matt Cradock Published
-
Nelly Korda One Of Three Golfers In Highest-Paid Female Athletes 2024 As Tennis Continues To Dominate
Korda topped the total earnings for a female golfer in 2024, but one of her rivals picked up more money from on-course achievements...
By Jonny Leighfield Published