LPGA Shows Record Profit In 2023 The league distributed $98.5 million in total in prize money in 2023, although the financial outlook for 2024 is less optimistic. The LPGA is anticipating a $2 million shortfall for 2024 with the loss of one of its tournaments, plus the tour’s offering $131 million in prize money this past year. There will also be a change at the top of the LPGA as current Commissioner Mollie Marcoux Samaan is and will be succeeded on any interim basis by the tour’s Chief Legal Officer Liz Moore. The questions for the LPGA become, can it continue to secure new sponsors, increase payouts for the players, while dealing with projected financial shortfalls amid the transition to new leadership? The LPGA reported $209 million in total revenue in 2023 which represents significant growth from the $180 million they recorded in 2022. American Golf Journal
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