On Friday, the LPGA's JM Eagle LA Championship had a total purse of $3.75 million and a first-place prize of $562,000.

That all changed on Saturday. Walter Wang, JM Eagle's president and CEO, joined the Golf Channel telecast and made an unprecedented move.

"I'd like to make an announcent," he told Grant Boone during the third round coverage. "I'd like to increase the purse by a million dollars." And just like that, through 54 holes of the tournament in El Caballero Country Club in Los Angeles, the total prize money shot to $4.75 million with the winner now gettiing $712,500. That's a nearly 27 percent increase in first-place money.

‼️Walter Wang just raised the purse this week by $1 million, making the JM Eagle the largest purse on tour outside the majors and CME at $4.75 million. Winner’s share is $712,500. pic.twitter.com/imlPP86ckd

— Beth Ann Nichols (@GolfweekNichols) April 19, 2026

This moves the JM Eagle LA way up the scale on the tour's paydays. Only the five LPGA majors and the CME Group Tour Championshiop have bigger total purses and first-place checks.

The JM Eagle is in its fourth season and second at El Caballero Country Club. JM Eagle is the world’s leading manufacturer of plastic pipes.

Chevron Championship: $7.9 million, $1.2 million to the winner

U.S. Women's Open: $12 million, $2.4 million to the winner

KMPG Women's PGA Championship: $12 million, $1.8 million to the winner

Evian Amundi Championship: $8 million, $1.2 million to the winner

AIG Women's Open: $9.75 million, $1.462 million to the winner

CME Group Tour Championship: $11 million, $4 million to the winner

JM Eagle LA Championship: $4.75 million, $712,500 to the winner

This article originally appeared on Golfweek: LPGA JM Eagle LA prize money gets $1 million boost over the weekend