The 1972 LPGA Tour was the 23rd season since the LPGA Tour officially began in 1950. The season ran from January 5 to November 5. The season consisted of 29 official money events. Kathy Whitworth won the most tournaments, five. Whitworth led the money list with earnings of $65,063.
The season saw the first tournament with a $100,000 purse, the Dinah Shore Colgate Winner's Circle ($110,000). It also saw the first player to win over $50,000 in a season, Whitworth. There were two first-time winners in 1972: Betty Burfeindt and Betsy Cullen. This season saw the return, for 1972 only, of the LPGA major, the Titleholders Championship. It also saw the last of Betsy Rawls' 55 LPGA wins.
The tournament results and award winners are listed below.
The following table shows all the official money events for the 1972 season. "Date" is the ending date of the tournament. The numbers in parentheses after the winners' names are the number of wins they had on the tour up to and including that event. Majors are shown in bold.
^ - weather-shortened tournament
After she finished the second round of the Bluegrass Invitational held in Louisville, Kentucky, Jane Blalock was disqualified for signing an incorrect scorecard. Tourney director Gene McAuliff said Blalock did not mark her ball properly on the 17th green and then failed to take a two-stroke penalty for the infraction as required.
Less than two weeks later, the LPGA executive board suspended Blalock for one year "for actions inconsistent with the code of ethics of the organization". The executive board claimed Blalock had been under suspicion for over a year, that she had moved her ball illegally on multiple occasions and that there were witnesses to these happenings, plus that Blalock had admitted to her guilt. Twenty-seven other LPGA Tour players signed a petition arguing that probation, a fine, and disqualification from the Louisville tournament were not enough punishment. LPGA Executive Director Bud Erickson asked Blalock to feign a back injury so to avoid bad publicity but she refused.