Monday, October 24, 2016

Tennis Prize Money Up for Grabs for Women Players at 2016 WTA Finals

The 2016 WTA Finals tennis tournament for women players on the WTA Tour is taking place this week from October 23-30, 2016, on the indoor hard courts at the Singapore Indoor Stadium located in Kallang, Singapore. Here is a list of the prize money up for grabs for the women tennis players at the 2016 WTA Finals.

                                                         (Photo by si.robi)

The WTA Finals is the season ending tournament for women players and only the top eight healthy women players from the 2016 season are eligible to play. The tournament is conducted in round robin format with the top women from that format advancing to the semifinals and then the finals and then a champion.

Total prize money up for grabs at the 2016 WTA Finals in a cool $7 million. A lot of money considering how few women are competing for the money. Not all the prize money is set beforehand as players earn additional money for each match they win and all women in singles play get a $151,000 participation bonus if they complete three matches and $153,000 for each match won.

  • Winner - $1.75 million plus bonus money for each match played

The winner of the 2016 WTA Finals in singles play will earn $1.75 million plus bonus money for each match won. The bonus money will push the winner's share to over $2 million and if the winner does not lose a match she will earn $2.36 million. Agnieszka Radwanska (pictured above) earned $2.094 million when she won the WTA Finals last year.

  • Runner-up - $590,000 plus bonus money

The runner-up at the 2016 WTA Finals  in singles play will earn $590,000 plus bonus money for each match won. Last year Petra Kvitova earned $894,000 as the runner-up to the winner.

  • Semifinals - $40,000 plus bonus money

Reaching the semis in singles play at the 2016 WTA Finals is worth $40,000 plus bonus money. Last year Garbine Muguruza and Maria Sharapova each earned $650,000 when they lost in the semifinals.

  • Remaining four players each earn bonus money

The four women who do not make the semis in singles play will each earn bonus and participation money. Last year, Simeona Halep, Angelique Kerber, Flavia Pennetta and Lucie Safarova each earned $304,000 in bonus money.

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