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The JM Eagle LA Championship has announced a purse increase, making it the richest LPGA event outside of majors and the CME Group Tour Championship. This $1 million boost was revealed by JM Eagle's CEO during a live broadcast.
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The JM Eagle LA Championship made a most welcome purse announcement on Saturday.Getty Images
The LPGA Tour has been on a years-long upswing and continues to make positive strides â especially on the financial front.
The latest good news? This weekâs tournament, the JM Eagle LA Championship presented by Plastpro, is now the richest purse on the schedule outside of the major championships and season-ending CME Group Tour Championship, thanks to a $1 million infusion that was announced by JM Eagle chairman and CEO Walter Wang live on Golf Channel during Saturdayâs third round.
Wang joined Golf Channelâs Grant Boone in the booth to share the news.
âIâd like to make an announcement,â Wang said on the broadcast. âOur purse, you said earlier, this year is $3.75 million. So Iâd like to increase the purse by a million dollars. So this tournament, the purse will be $4.75 million.â
In the JM Eagle LA Championshipâs four-year history, the purse has increased significantly. In the tournamentâs debut on the LPGA schedule in 2023, JM Eagle and Plastpro doubled the tournament purse from $1.5 to $3 million, then increased again to $3.75 million in 2024. Now, another million has been added to reach $4.75 million.
This weekâs JM Eagle LA Championship winner will receive a $712,500 winnerâs check â an increase of $150,000 from the previous winnerâs cut of $562,500.
Most non-major, regular-season LPGA tournaments have purses ranging from $2 million to $4 million. The richest prize in womenâs golf is the $4 million winnerâs check awarded from the $11 million CME Group Tour Championship purse, while the five major championships offer purses ranging from $8 million to $12 million.
You can watch Golf Channelâs coverage of the final round of the JM Eagle LA Championship beginning at 6 p.m. ET.
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The purse for the JM Eagle LA Championship has been increased to make it the richest outside of major championships, although the exact total amount has not been specified.
The purse increase was announced by Walter Wang, the chairman and CEO of JM Eagle, during a live segment on Golf Channel.
The JM Eagle LA Championship is now the richest LPGA event on the schedule, second only to major championships and the CME Group Tour Championship.
AdventHealth 400 Recap: Key Winners and Losers from Kansas Speedway
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