Big news in the world of women's golf! The LPGA Tour is set to co-sanction the Aramco Championship, backed by Saudi Arabia's Public Investment Fund (PIF), at the prestigious Shadow Creek in Las Vegas next spring. This partnership marks a significant step in the global expansion of women's golf, but it's not without its complexities.
The Aramco Championship, scheduled from April 2-5, boasts a hefty $4 million purse, placing it among the highest-paying tournaments outside of the majors. This event is part of the PIF Global Series, which has been rebranded and features increased prize money. It's a key part of the Ladies European Tour (LET) schedule, with the LPGA joining the fold for this exciting new chapter.
But here's where it gets controversial... The PIF is also the financial powerhouse behind LIV Golf, which has stirred up quite a bit of debate in the golfing world. LIV Golf, launched in 2022, lured top players with massive signing bonuses. This has led to some tension within the sport, and this new partnership with the LPGA is sure to spark discussion.
The Aramco Championship is just one of five tournaments in the PIF Global Series. Other locations include Saudi Arabia, London, South Korea, and China. The event at Shadow Creek is especially noteworthy as it will be the only one counting toward the LPGA's official money and the Race to CME Globe.
The LPGA's commissioner, Craig Kessler, has expressed enthusiasm for the partnership, emphasizing its role in building a stronger global schedule for the tour. He anticipates some negative reactions but highlights the strong support from the LPGA and LET boards.
And this is the part most people miss... The PIF's involvement in golf extends beyond LIV. They've been investing in the LET, offering some of the largest purses in the tour's history. This co-sanctioned event at Shadow Creek represents a new level of collaboration.
The history of the Aramco series dates back to 2020, starting as the Saudi Ladies Team International. The series has seen success in various locations, with players like Nelly Korda and Alison Lee taking home multiple wins. Charley Hull, a member of both the LPGA and LET, has also achieved significant success in these events.
It's important to note: The agreement between the PGA Tour, European Tour, and PIF in June 2023 was never finalized.
What do you think about this new partnership? Does it represent a positive step for women's golf, or does the involvement of the PIF raise concerns? Share your thoughts in the comments below!
