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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Beth Ann Nichols

CME Group CEO ‘exceptionally disappointed’ with LPGA leadership heading into record payday

NAPLES, Fla. – The seeds of the CME Group Tour Championship began with a pro-am 15 years ago. In those early years, CME Group Chairman and CEO Terry Duffy received note after note from clients who so enjoyed their rounds of golf with LPGA players that they instantly became fans of the tour.

Beginning in 2011, CME began title-sponsoring the LPGA’s year-ending event, eventually integrating the firm’s Global Financial Leadership Conference in Naples, Florida, with the LPGA’s season-ending event at the Ritz-Carlton’s Tiburon Golf Club. This week, Duffy will hand over the biggest check in the history of the women’s game – $2 million. The overall purse of $7 million is the largest on the LPGA outside of the majors (and is bigger than the purses at two of the five majors). The last player in the field of 60 will make $40,000, close to what 10th place made last week.

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