Financial Times FT.com

The Business of Sport: Golf

Gaining ground

By David Owen

Published: July 17 2008 14:48 | Last updated: July 17 2008 14:48

The sport’s top performers lack the global cachet of tennis players such as Venus Williams and Maria Sharapova, but women’s professional golf has been quietly turning itself in recent years into a sizeable commercial proposition.

Aggregate prize money on three leading tours – the US-based Ladies Professional Golf Association, the Ladies European Tour and the LPGA of Japan – now totals well over $100m. Lorena Ochoa of Mexico, who topped last year’s LPGA official money list, picked up nearly $4.4m. Tournament names around the world are studded with familiar brands: the Deutsche Bank Ladies Swiss Open; the Kraft Nabisco Championship; the Stanford International Pro-Am; and, of course, next week’s(JUL 24) Evian Masters, whose $3m prize-fund is the biggest in the European women’s game.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this