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The prestigious Rolex Player of the Year award was introduced to the LPGA in 1966. LPGA Tour players are awarded points at each official LPGA tournament based on top-10 finishes with the top points earner taking home the prestigious honor each year. The point values are as follows:

Place Points Place Points
1. 30 6. 5
2. 12 7. 4
3. 9 8. 3
4. 7 9. 2
5. 6 10. 1
Points are doubled at each of the LPGA's five major championships - ANA Inspiration, KPMG Women's PGA Championship, U.S. Women's Open, RICOH Women's British Open, and the Evian Championship.