Extended sponsorship through 2027 comes as
LPGA concludes record-setting 2024 season
2024 CME Group Tour Championship winner to
receive record $4 million
prize
NAPLES,
Fla., Nov. 20, 2024 /PRNewswire/ -- The
Ladies Professional Golf Association (LPGA) and CME Group, the
world's leading derivatives marketplace, today announced an
extension of the CME Group Tour Championship and the season-long
Race to the CME Globe through 2027. Since assuming title
sponsorship of the LPGA Tour's season-ending tournament in 2011,
CME Group has consistently grown its support, becoming one of the
world's most prominent sponsors of women's sports.
This title extension is yet another demonstration of CME Group's
long-standing support for LPGA Tour athletes. The 2024 CME Group
Tour Championship will feature an enhanced total purse of
$11 million, including a historic
$4 million first-place prize, the
largest single prize in the history of women's golf. The runner-up
will receive $1 million.
"CME Group is proud to build on our commitment to celebrating
women's golf through the CME Group Tour Championship, which offers
the largest single prize in the game and the highest prize purse on
the LPGA Tour," said CME Group Chairman and Chief Executive Officer
Terry Duffy. "We are pleased to
extend our sponsorship and continue working with the LPGA and its
talented athletes. For more than a decade, we have been able to
help create an increasingly exciting experience for players and
fans around the world, all while helping the sport grow to over 7
million women golfers. As enthusiasm for women's golf continues to
grow, this partnership with the LPGA allows us to bring our brand
to their increasing audience around the globe."
"Further extending our partnership with CME Group through
2027 marks a significant moment for
the LPGA and our athletes," said LPGA Commissioner Mollie Marcoux Samaan. "CME Group's long-term
vision and commitment have consistently propelled women's golf
forward since they first partnered with the LPGA in 2011, and their
continued investment in our players is a testament to their belief
in the future of women's sports. The $4
million first-place prize is one of the largest single
prizes across women's sports and highlights CME Group Chairman and
Chief Executive Officer Terry Duffy's recognition of our
athletes' incredible talents and the value this partnership brings
to CME Group on multiple levels. We're also extremely proud to be a
part of CME Group's life-changing support of St. Jude Children's
Research Hospital. Our partnership with CME Group has been a
game-changer for the LPGA, and we can't wait to continue to work
together toward further growth and impact."
As part of its on-site footprint, CME Group will host its
clients at the second annual Financial Face-off, a primary element
of the week's pro-am experience. Today, 24 teams representing some
of the world's leading companies will take to Tiburon Golf Club for
18 holes, playing alongside the LPGA Tour professionals from the
CME Group Tour Championship field. The leading two teams at the end
of the day will compete in the inaugural Financial Face-off Playoff
for the win and an additional donation to St. Jude. This year, the
finalists will be joined by two of the biggest names on the LPGA
Tour – Nelly Korda, No. 1 in the Rolex Women's World Golf Rankings
and the 2024 LPGA Tour Player of the year, and Lydia Ko, whose 2024 Olympic gold-medal
performance earned her entrance into the LPGA Hall of Fame.
Since 2018, CME Group has been a proud supporter of St. Jude
through the Score 1 for St. Jude campaign. For every hole in one
carded during the LPGA Tour season, CME Group donates $20,000 to St. Jude in support of the lifesaving
mission. Through last week's The ANNIKA driven by Gainbridge at
Pelican, the next-to-last event of the LPGA Tour season, the
campaign has donated $580,000 to
St. Jude on the power of 29 holes-in-one. Since 2018, CME
Group has donated more than $4.5
million in total to St. Jude.
Among the illustrious list of CME Group Tour Championship
winners are Lydia Ko, the newest
member of the LPGA Hall of Fame and a CME Group brand ambassador,
and her fellow major champions Na Yeon
Choi, Shanshan Feng, Ariya
Jutanugarn, Cristie Kerr,
Sei Young Kim, Jin Young Ko, Lexi
Thompson and Amy Yang.
The Race to the CME Globe has also been an integral part of the
LPGA Tour calendar since 2014. In the season-long points
competition, LPGA Members accumulate points in every Official LPGA
Tournament to gain entry into the season-ending CME Group Tour
Championship. The 2024 Race to the CME Globe competition began with
the Hilton Grand Vacations Tournament of Champions in Florida and concludes with the CME Group Tour
Championship in Naples, Fla.
About CME Group
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign exchange, energy,
agricultural products and metals. The company offers
futures and options on futures trading through the CME
Globex platform, fixed income trading via BrokerTec and
foreign exchange trading on the EBS platform. In addition, it
operates one of the world's leading central counterparty clearing
providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of Trade are trademarks of Board of
Trade of the City of Chicago, Inc.
NYMEX, New York Mercantile Exchange and ClearPort are trademarks of
New York Mercantile Exchange, Inc. COMEX is a trademark of
Commodity Exchange, Inc. BrokerTec and EBS are trademarks of
BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P
500 Index is a product of S&P Dow Jones Indices LLC ("S&P
DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The
500 are trademarks of Standard & Poor's Financial Services LLC;
Dow Jones®, DJIA® and Dow Jones Industrial Average are service
and/or trademarks of Dow Jones Trademark Holdings LLC. These
trademarks have been licensed for use by Chicago Mercantile
Exchange Inc. Futures contracts based on the S&P 500 Index are
not sponsored, endorsed, marketed, or promoted by S&P DJI, and
S&P DJI makes no representation regarding the advisability of
investing in such products. All other trademarks are the property
of their respective owners.
About the LPGA
The Ladies Professional Golf Association (LPGA) is the world's
premier women's professional golf organization. Created in 1950 by
13 pioneering female Founders, the LPGA, whose members now
represent more than 60 countries, is the longest-standing
professional women's sports organization. Through the LPGA Tour,
the Epson Tour, the LPGA Professionals, and a joint venture with
the Ladies European Tour, the LPGA provides female professionals
the opportunity to pursue their dreams in the game of golf at the
highest level. In addition to its professional tours and teaching
accreditation programs, the LPGA features a fully integrated
Foundation, which provides best-in-class programming for female
golfers through its junior golf programming, and its LPGA Amateurs
division, which offers its members playing and learning
opportunities around the world. LPGA aims to use its unique
platform to inspire, transform and advance opportunities for girls
and women, on and off the golf course.
Follow the LPGA online at www.LPGA.com and on its mobile
apps. Join the social conversation on Facebook, X (formerly known
as Twitter), Instagram and YouTube.
About the LPGA Tour
The LPGA Tour is the world's leading competitive destination for
the best female professional golfers in the world. The Tour hosts
more than 30 annual events across 10 countries for over 200 Active
Players, awarding total prize funds exceeding $125 million and reaching television audiences in
more than 220 countries. Follow the LPGA Tour on its U.S.
television home, Golf Channel.
CME-G
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