Prize money on LET jumps by a third to €18m with four more tournaments for 2020

Directors on the new LET-LPGA joint venture who announed a €4.5million increase in prize money for the 2020 season
Left to right: Keith Pelley, Marta Figueras-Dotti, LET CEO Alexandra Armas, Catriona Matthew and LPGA Commissioner Mike Whan, at Buckinghamshire Golf Club, which unveiled the significant jump in prize money for 2020. Picture by TRISTAN JONES

A NEW decade brings a new-look Ladies European Tour and for the first time in history, LET members will play for a combined prize money fund of almost €18 million in 2020.

That’s an increase in prize money of around a third – up €4.5 million on 2019, with the 2020 schedule featuring 24 tournaments, which is four more than last year.

They include 15 in Europe, in addition to August’s Olympic Games in Tokyo, Japan, plus a new event in England in August, which will be announced separately.

The Race to Costa del Sol, offering €250,000 in prize money between the top three finishers on the official ranking, will commence with the Australian Ladies Classic Bonville, in February.

It will conclude with the Andalucía Costa del Sol Open de España Femenino in November, the latter having doubled its prize money to €600,000.

The 2020 LET schedule includes two new events in Sweden – the €1.5million Scandinavian Mixed hosted by Henrik Stenson and Annika Sorenstam and the Creekhouse Ladies Open.

There is also a new $1million event in Saudi Arabia, the Saudi Ladies Championship, as well as the Mithra Belgian Ladies Open, the Dutch Ladies Open and the VP Bank Swiss Ladies Open.

The 15 events in Europe also include the Jabra Ladies Open, La Reserva de Sotogrande Invitational, Estrella Damm Mediterranean Ladies Open, the Evian Championship, Aberdeen Standard Investments Ladies Scottish Open, AIG Women’s British Open, TIPSPORT Czech Ladies Open and Lacoste Ladies Open de France, as well as the new UK event.

The significantly improved schedule demonstrates the immediate success of the new LPGA-LET joint venture, with a new board of directors working together to grow the opportunities for LET members, especially in the continent of Europe.

Chaired by LPGA Commissioner Mike Whan, the new joint venture board includes six directors from the LET, who met at The Buckinghamshire Golf Club for the historic announcement on Friday.

The six LET directors are Marta Figueras-Dotti, Eleanor Givens, Solheim Cup captain Catriona Matthew, Liz Young, Justin Abbott and Alastair Ruxton.

There are also four directors from the LPGA – commissioner Mike Whan, Liz Moore, Kathy Milthorpe and Mike Nichols – as well as The R&A’s chief executive Martin Slumbers and the European Tour’s chief executive Keith Pelley.

Whan said: “The LET and the LPGA only began working together in September 2019, but we’ve been blown away with the results in the first 90 days and the positive response from across the golf industry.

“With overall purse increases and seven new events, our athletes will have more opportunities for success.

“It’s exciting to think what we can accomplish after a full year of working with our new board.

“We have a long way to go, but I’m so happy to say that this is the best position that European women’s professional golf has ever been in.”

The LET’s new chief executive Alexandra Armas was given the job having been in charge since September when outgoing-boss Mark Lichtenhein departed.

Armas said: “I want to thank all the federations who have shown their belief in our new team and vision – but also recognise the important contribution of our existing event promoters and sponsors, whose long-term support and commitment is immensely valuable to our organisation.

“What we have achieved in the last 90 days in incredible and this is just the start of a new direction for the LET.”

Solheim captain hails exciting LET future

VICTORIOUS 2019 Solheim Cup captain Catriona Matthew believes the LET will hit new heights in 2020.

Catriona Matthew and Spain’s Carlota Ciganda with the Solheim Cup in Spain
Solheim Cup captain Catriona Matthew and Carlota Ciganda show off the trophy in Spain.

Matthew said: “I committed myself to playing on the LET in Europe last year and I couldn’t be more excited about what’s been achieved over the last 90 days to improve the schedule.

“This is a tour that existing players and those joining for the first time should be proud to be part of.

“I’ll be keeping an eye on some of the exciting young players coming through as we look ahead to retaining the Solheim Cup in Toledo next year.”

Solheim Cup player Anne van Dam is happy to be involved as an ambassador for the new Dutch Ladies Open, which will be played at her home course, Rosendealsche Golf Club, in Arnhem.

Van Dam said: “It’s important to have an event in your country to help develop the game and inspire the next generation – just as I was inspired when I was able to watch and then play in the Dutch Ladies Open when I was young.

“The 2020 schedule is looking really strong and I’m so pleased to have an event in the Netherlands.”

Jeroen Stevens, director of the Netherlands Golf Federation, said the organisation was proud to have a new LET event, with van Dam as its ambassador.

“The LPGA commitment toward the LET was what the NGF Board needed to commit to signing a three-year contract with the LET, to promote ladies’ golf in the Netherlands,” he said.

“We strongly believe it is essential to have more female golfers, to grow the game of golf in our country.

“We are therefore convinced we will prove in the coming years that investing in women’s golf is not only logical, from a diversity point of view, but also from the commercial perspective.

“We thank the LET and LPGA for giving us the opportunity to prove that golf is a sport for women, men and children of all ages.”

With two new tournaments in Sweden, rising star Julia Engström is looking forward to playing on home soil.

Engström said: “This is my third year on Tour and I’m very excited to have the opportunity to play in my home country for the first time since turning professional.

“The last time I played an LET event in Sweden was when I was 13 years old and I remember it to be the greatest thing in my career.

“I had so much support on the course from all the fans. It’s very exciting to have two new Swedish events, both completely different concepts and at world-class venues!”

European federations hail LET-LPGA joint venture

A NUMBER of European Golf federations have come out strongly in support of the LPGA-LET joint venture, including Sweden, which has two new events.

Gunnar Håkansson, secretary-general of the Swedish Golf Federation, said: “For the Swedish Golf Federation, it’s an important role, to support talent in their aim to become world-class players.

“In doing so, tournaments are important, but for a long time we have lacked an LET event in Sweden.

“It’s therefore very satisfactory that the LET will return in 2020, where our partner Kristianstad GC will arrange the Creekhouse Ladies Open.”

Barbara Albisetti, general secretary of Swiss Golf, also welcomed the LET back to Switzerland.

Albisetti said: “Swiss Golf is extremely pleased a professional women’s tournament of the highest category will take place in Switzerland in 2020.

“Such an event has been missing since the LET tournament in Losone, more than 10 years ago.

“We are very grateful for the support of the LET and LPGA for making this event a reality, and we look forward to hosting the VP Bank Ladies Swiss Open next September.

“The LET event is the ideal platform to promote golf and ladies’ golf in Switzerland, and obviously it is the best place to inspire our top players and our young talents.

“We are determined to make the event in Ennetsee one of the most important appointments for golf in our country for many years to come.”

•To see the full dates of the LET 2020 season and the prize money at each event click here.