- Sports & Recreation
- CME group
By The Sports Xchange January 8, 2014 11:46 AM
The LPGA announced a new season-long points race that will feature a $1 million payout at the end of the 2014 season. Sponsored by the CME group, the points race will represent the largest payout in women's golf. The series will begin with the season-opening Pure Silk Bahamas LPGA Classic beginning Jan. 20 and conclude with the newly renamed CME Group Tour Championship. On the final day of the LPGA season, the winner of the Tour Championship will receive a $500,000 first prize while the player who wins the points race will be announced as the Race to the CME Globe champion with a $1 million unofficial money payout . All regular tournaments will hold the same 500-point values, while the five majors will carry a 25 percent increased value of 625 points. "CME Group has made quite an impact on the LPGA Tour during our three years together," said LPGA Commissioner Michael Whan. "The addition of this concept fundamentally connects every event on our Tour and promises big things in 2014 and beyond. The stakes have risen dramatically and the excitement level goes up for our players and each of our tournaments."