The LPGA announced Tuesday that it has extended the contract of commissioner Mike Whan through the 2020 season. The announcement came via a memo from the LPGA’s chairman of the board Mike Trager which was sent to all members of the LPGA.
Trager noted many of Whan’s achievements since he joined the LPGA in 2010, following a tumultuous stint by Carolyn Bivens, which ended in 2009. Five years ago the LPGA had 23 events with a combined purse of $40 million and now the numbers have skyrocketed to 33 events with a $60 million total purse. Television coverage has increased from 200 hours to 400 hours during the same span.
“Since 2010, the growth of our organization has been nothing short of spectacular,” Trager wrote.
“While we are certainly pleased with the growth we’ve experienced over the last five years, I firmly believe we are poised for even greater success based on the talent assembled across our entire organization.”
I'm kind of surprised by this. Typically a CEO might search for new opportunities after a 5 year timeframe.
I read something where I believe Whan makes approx $800,000/yr. IMO....I think that's really good money for a role of LPGA commissioner. I also think many other CEO's and VP's work a lot harder and with more stress that the commissioner's role. It's great role to be able to do 'customer golf' for 32 Wednesdays in the pro-ams.
I think Whan loves his job....and likely doesn't even think of it as a job......where he needs to peel himself out of bed each morning to go to work.
It's the perfect fit, honestly. Whan walked in on a (nearly) dead league and brought it back to life, and now he gets to sit back and rake in the benefits of new sponsors and better competition. The LPGA would have been dumb to get rid of him and he would have been dumb to leave, as it is hard to duplicate that success twice. Plus, he doesn't want to go anywhere, knowing the bar will be set much higher than it was when he took over the LPGA Tour.