Latest news with #PaulKnopp
Yahoo
a day ago
- Business
- Yahoo
LPGA announces $12 million Women's PGA Championship purse pay bump
The post LPGA announces $12 million Women's PGA Championship purse pay bump appeared first on ClutchPoints. The KPMG Women's PGA Championship officially raised its purse to $12 million this Tuesday. The move marks a $1.6 million overall increase compared to the $10.4 million purse last year, making the Women's PGA Championship purse the joint-highest among the LPGA's five majors. The U.S. Women's Open, held last month, is the other major with a $12 million purse. Advertisement 'We're incredibly proud to be able to do that,' KPMG CEO Paul Knopp said. 'It's all part of creating a standard of excellence in women's golf. The purse is a hugely important part of that.' Apart from the increase in purse, the KPMG is also the most comprehensively covered tournament on tour this season, with around 100 hours of coverage across NBC, Golf Channel, and Peacock. 'We look at it as the ultimate strategy when we think about the excellence we're trying to bear to bring success. We continue to play this tournament on iconic courses that are recognized by the golf community every year. … We're excited about where we're going,' Knopp said. The announcement means that the winner this year will take home $1.8 million compared to the $1.56 million Amy Yang won at the Sahalee Country Club last year. This year's tournament will take place from June 19-22 at Fields Ranch East at PGA Frisco in Frisco, Texas, marking the first time a women's major is being played on the course. Advertisement The recent announcements mark KPMG's commitment to take women's golf into the future. For the first time, Featured Groups coverage, powered by KPMG and T-Mobile for Business, will stream on Peacock, with LPGA legend Judy Rankin and Grant Boone in the booth. The coverage will also include the KPMG Champcast, powered by ShotLink Pro and AI, which provides detailed performance insights, including real-time cut projections and scoring targets. The KPMG Women's PGA Championship is the first of three major championships scheduled in the next six weeks. The Amundi Evian Championship will be held July 10-13, while the final major of the year is the AIG Women's Open, set to tee off July 31. Related: Two-time Wimbledon champ announces retirement Related: Jordan Chiles, Nike collab on limited-edition sneakers
NBC Sports
3 days ago
- Business
- NBC Sports
KPMG Women's PGA ups purse by $1.6 million, matching largest on LPGA
PGA of America CEO Derek Sprague and KPMG CEO Paul Knopp join Golf Central to explain why it 'was the right time' to increase the KPMG Women's PGA Championship purse to a record-tying $12 million. The KPMG Women's PGA is now on equal terms with the U.S. Women's Open when it comes to prize money. KPMG announced Tuesday its total purse is now $12 million, up from $10.4 million a year ago. KPMG took over as title sponsor in 2015 when the PGA of America became partners with the LPGA in the major championship that dates to 1955. More than money, the company has provided players with data to improve their games called 'KPMG Performance Insights,' which operates on a smaller scale of the ShotLink data on the PGA Tour. Golf Channel Staff, For the Women's PGA, which starts Thursday at the Fields Ranch East at PGA of America headquarters near Dallas, KPMG is adding AI-enhanced features like hole-by-hole analysis delivered to players after each round. Another feature is AI-generated scoring targets, particularly the cut, giving players an idea if they're safe or need to make a move. 'The high purse, top courses, comprehensive broadcast coverage, and technology are all ways we are setting the standard,' said Paul Knopp, the U.S. chairman and CEO of KPMG.
NBC Sports
3 days ago
- Business
- NBC Sports
KPMG CEO explains record-tying KPMG Women's purse
PGA of America CEO Derek Sprague and KPMG CEO Paul Knopp join Golf Central to explain why it 'was the right time' to increase the KPMG Women's PGA Championship purse to a record-tying $12 million.
