SAMMAMISH, Wash. — KPMG, the PGA of America and the LPGA announced today that this year's KPMG Women’s PGA Championship purse has increased to $10.4 million, a $400,000 increase from 2023. The bump raises total prize money for the 2024 season to $125 million, a record-breaking amount on the LPGA Tour.
The winner of this week’s major championship will take home a $1.56 million first-place check, making the KPMG Women’s PGA Championship the sixth LPGA Tour event to feature a winner’s share of more than $1 million. It is also the third highest first-place prize on the 2024 schedule.
KPMG and the PGA of America first partnered with the LPGA in 2015 and have been committed to raising the bar in women’s golf and women’s sports ever since. The purse has increased by 360 percent since the three organizations began working together on the championship, going from $2.25 million to $10.4 million, with an additional 360 percent increase in the winner’s share.
Today’s announcement also raises the total prize money for the LPGA’s five major championships to $48 million, an increase of over 100 percent.
LPGA Commissioner Mollie Marcoux Samaan knows that having partners who are continually dedicated to elevating women’s sports is critical for the long-term success of both the organization and female athletics as a whole.
“I don't think you can talk about the growth of the LPGA over the last decade without saying the words KPMG,” said Marcoux Samaan. “I think bringing the PGA of America, KPMG, and LPGA together, we've created something that has been a catalyst. Going from $2.25 million to $10.4 million this year, 360% growth, it's not just about the money.
“It's that the world is showing the value they place and that KPMG and the PGA of America places on the talent that we have out here. These are the best women in the world, and they should be paid commensurate with that talent. What we've done has truly instigated and been a catalyst to others moving there.”
The KPMG Women’s PGA Championship is the third major championship of the 2024 LPGA Tour season and gets underway on Thursday, June 20 at Sahalee Country Club in Sammamish, Wash.