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The CME Group Tour Championship is a women's professional
golf Golf is a club-and-ball sport in which players use various Golf club, clubs to hit Golf ball, balls into a series of holes on a golf course, course in as few strokes as possible. Golf, unlike most ball games, cannot and does not use a standar ...
tournament, the season-ending event of the
LPGA Tour The Ladies Professional Golf Association (LPGA) is an American organization for female golfers. The organization is headquartered at the LPGA International in Daytona Beach, Florida, and is best known for running the LPGA Tour, a series of weekl ...
. It succeeded the LPGA Tour Championship, which was played for two seasons in
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and
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. From 2011 to 2013 the tournament was called the CME Group Titleholders. The tournament has a limited field of 60 players. In
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the LPGA Tour introduced a season-long points race, the Race to the CME Globe, and a $1 million bonus. The CME Group Tour Championship marked the end of this season-long "Race". Each player's season-long "Race to the CME Globe" points were "reset" before the tournament based on their position in the points list. "Championship points" were then awarded to the top 40 players in the CME Group Tour Championship which were added to their "reset points" to determine the overall winner of the "Race to the CME Globe". The title sponsor is the
CME Group CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset clas ...
, a global derivatives marketplace based in
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. LPGA Commissioner Michael Whan announced on March 7, 2011, that CME had signed a three-year contract to sponsor the tournament. CME had previous experience hosting pro-am events with LPGA players. The first tournament was played in November
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at Grand Cypress Golf Club in
Orlando, Florida Orlando () is a city in the U.S. state of Florida and is the county seat of Orange County. In Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,509,831, according to U.S. Census Bureau figures r ...
, which had hosted the 2010 LPGA Tour Championship. In 2012, the tournament moved to the Eagle Course of the TwinEagles Club, in Naples, Florida. Since 2013, it has been played in Naples at the Gold Course of the Tiburón Golf Club. The 2011 winner earned $500,000, a full one-third of the $1.5 million purse. The first-place money was the second highest in women's golf, exceeded only by the U.S. Women's Open. Most events on the LPGA Tour have a standard schedule for distribution of the purse, with a winner's share of 15%. The 2010 LPGA Tour Championship had the same purse of $1.5 million, with a winner's share of $225,000 but it was a 120-player event rather than the limited field of the 2011 event. The purse was raised to $2 million in 2013, with a 35% winner's share of $700,000, the highest of the year. For 2014 the purse was maintained at $2 million but, with the introduction of the "Race to the CME Globe", the winner's share was reduced to one-quarter at $500,000, second only to the U.S. Women's Open. In 2019, the purse increased to $5 million with $1.5 million going to the winner, the largest winner's share in women's golf. They announced on November 17, 2021, that the 2022 Championship purse will again increase, to a record $7 million, with $2 million to the winner, the largest ever for an LPGA tournament. The minimum pay for any of the 60 entrants will be $40,000.


Tournament names

*2011–2013: CME Group Titleholders *2014–present: CME Group Tour Championship


Winners


Race to the CME Globe winners


Tournament record


See also

* ADT Championship


References


External links

*
Coverage on LPGA Tour's official siteTiburón Golf Club
− official site
TwinEagles Club
− (2012 host)
Grand Cypress Golf Club
− (2011 host) {{LPGA Tour LPGA Tour events Golf in Florida 2011 establishments in Florida Recurring sporting events established in 2011