• Loading stock data...
Monday, January 12, 2026

Ladies European Tour Gets Prize Money Boost From Saudi Arabia

Five tournaments on the Ladies European Tour are being revamped with new formats and increased purses totaling $13 million, as part of a new deal.

Severn Images

Saudi Arabia is pumping more money into women’s golf.

Five tournaments on the Ladies European Tour are being revamped with new formats and increased purses totaling $13 million as part of a new deal with the Public Investment Fund of Saudi Arabia, which is the financial backer of LIV Golf.

The move sees several events that were formerly part of the Aramco Team Series, named after the Saudi-owned oil company, now fall under the newly named PIF Global Series. 

Starting with this week’s tournament in Seoul, events in South Korea; London; Houston; and Shenzhen, China, will feature $2 million purses—double what they offered in 2024. Last year, the U.S. event on the Aramco Team Series was held in Tampa.

The PIF Saudi Ladies International has been added to the new series, too. This year’s edition of that tournament was played in February, won by Jeeno Thitikul, who took home $675,000 from the $5 million purse, which will remain intact in 2026.

Moving forward, all five of the PIF Global Series will feature team and individual competitions happening simultaneously. Captains, appointed via world rankings points, will draft teams each week.

It’s a positive financial development for the LET, which paid out roughly $39 million in prize money in 2024, compared to the nearly $126 million awarded on the LPGA Tour. The LPGA—which plays much more often in the U.S.—and LET announced a joint venture in 2019, and they have been discussing a merger. However, momentum for that stalled last year.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jackie Young

WNBA and Union Agree to Freeze Free Agency As CBA Talks Drag..

The league and union are now negotiating a second deal amid CBA talks.
Batbox

Bowling’s Blueprint Is Powering the New Social Gaming Boom

New venues are fusing sports, entertainment, and good food.

Koepka’s Reinstatement Decision Clouds Start of PGA Tour Season

Koepka has applied for reinstatement just as the new year begins.

Featured Today

Black Rabbit

The Netflix Star Who Makes Sure NBA Players Have Clean Towels

How a Nets staffer landed a breakout role on “Black Rabbit.”
January 9, 2026

NHL Ditched Its Dress Code. Hockey’s Fashion Era Arrived Quickly

With no dress code, impeccably dressed players are seeing big-money deals.
January 6, 2026

Hockey in Florida Was Once a Risk. Now It’s Thriving

The state of Florida has become a traditional—and highly lucrative—market.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
Jan 13, 2025; Melbourne, Victoria, Australia; A general view of Court 3 during the 2025 Australian Open at Melbourne Park.

Australian Open Draws Big Day 1 Attendance, On Pace for New Record

The 1 Point Slam will feature several top-ranked tennis stars.
Jan 11, 2026; Philadelphia, PA, USA; Philadelphia Eagles wide receiver DeVonta Smith (6) carries the ball after a reception against the San Francisco 49ers during the fourth quarter in an NFC Wild Card Round game at Lincoln Financial Field.
January 12, 2026

NFL Scheduling Quirks Mean Little Rest for Some Teams

The three-day wild-card window creates inevitable differences in team rest.
Caleb Williams
January 12, 2026

Goodell Visited Potential Bears Stadium Sites Before Playoff Stunner

The commissioner toured multiple potential sites for a domed stadium. 
Sponsored

ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..

At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
exclusive
January 12, 2026

Ex-NBA GM Will Run Overtime Elite Amid Youth Basketball Anarchy

Landry Fields will run the pro league for under-21 players.
January 11, 2026

NFL Coaching Searches Heat Up As Harbaugh, LaFleur Rumors Swirl

Eight teams are still searching for their next head coach.
exclusive
January 9, 2026

WNBA Telling Teams They Can Send Free Agent Offers Amid CBA Uncertainty

“Without a real salary cap, no one is going to sign anything.”
Sep 19, 2025; Phoenix, Arizona, USA; Phoenix Mercury forward Satou Sabally (0) dribbles against New York Liberty forward Breanna Stewart (30) during the second half of game three of round one for the 2025 WNBA Playoffs at PHX Arena.
January 9, 2026

WNBA’s Stalled CBA Talks Will Lead to a Free-Agency Sprint

Free agency has been fully grounded due to delays in CBA negotiations.