Chevron prolonged its sponsorship with the LPGA by means of 2029 and elevated the purse for the Chevron Championship to $7.9 million in a joint announcement Tuesday.
The purse for the LPGA’s first main of the season, which begins Thursday at The Membership at Carlton Woods in The Woodlands, Texas, has elevated by $4.8 million over the past three years.
Gamers who miss the lower at this 12 months’s occasion will obtain $10,000 to assist cowl bills, up from $5,000 final 12 months.
“We’re thrilled to increase our relationship with the LPGA and proceed to assist advance the nice progress the Tour and the LPGA Basis are making on this ever-changing setting,” stated Mike Wirth, chairman of the board and CEO of Chevron.
The LPGA’s whole annual prize cash now stands at $123.25 million, a rise of 78.6% prior to now 5 years. The majors have seen a 97% enhance over the previous three years, awarding not less than $45.4 million this 12 months.
“Chevron’s prolonged partnership not solely elevates the LPGA but in addition exemplifies a shared dedication to empowering and provoking women and girls each on and off the course,” LPGA commissioner Mollie Marcoux Samaan stated.
World No. 1 Nelly Korda headlines the sphere on the Chevron Championship, driving a four-start profitable streak. Lilia Vu, the 2023 Rolex Participant of the 12 months, is again to defend her title as she makes an attempt to safe a 3rd main victory.
