European Tour announces highest prize purse, digital broadcast tie-up

European Tour,European Tour 2019,European Tour Prize money,European Tour Prize purse,Sina Sports

The European Tour has secured a long-term partnership with Sina Sports for the exclusive digital broadcast rights to all European Tour events.

The Tour in a bid to make action more exciting and inviting on the course has also announced highest prize money ever. The initiative is targeted at attracting the majority of world’s top players.

The winner of the 2019 DP World Championships will earn $3m (€2.7m), which is more than double that the 2018 winner earned. The European Tour will also benefit from the earlier end in 2019 to the PGA Tour season. Historically the PGA Tour season has ended in late September or early October, but a major scheduling overhaul beginning in 2019 will end the season in August.

Much like the PGA Tour’s format for its playoffs, the European Tour will use decreasing fields and increased prize money through the three weeks of the “Rolex Series” which culminates at the DP World Championships. Each of the tournaments comprising the Rolex Series will see a significant upgrade in prize money for 2019.

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Meanwhile, the digital broadcast agreement will see Sina Sports live-streaming all European Tour tournaments exclusively on all Sina Sports platforms effective immediately until the end of the 2021 season. The European Tour features two of the most exciting Chinese golfers, Li Haotong, the first Chinese golfer to be ranked in the top 50 world ranking, and three time European Tour winner Wu Ashun.

In addition, as part of the partnership, Sina Sports’ newly-created in-house digital media agency will manage the European Tour’s official social media assets in China, including its Weibo and WeChat accounts, for the duration of the live-streaming deal.

Sina Sports recently launched an in-house digital media agency to serve rights holders, teams, and athletes, having recently announced an exclusive Weibo operation and commercial deal in football with Paris Saint-Germain (PSG) superstar Edinson Cavani.

With over 20 years of operational experience, Sina Sports is the largest content creator on Weibo with over 100 million followers on their 80 Weibo accounts. The in-house agency will provide multi-faceted digital media services for athletes, federations and clubs as well as to seek marketing and sponsorship opportunities with Chinese companies.

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