KUALA LUMPUR: The Badminton World Federation (BWF) World Tour Finals will remain the richest badminton tournament in the world with the sports governing body committing a whopping US$11.5mil (RM53.7mil) in prize money over four years.
According to the BWF, the total prize pool for this year and next year’s final is US$2.5mil (RM11.7mil) each while US$3mil (RM14mil) will be awarded to 2025 edition winners followed by US$3.5mil (RM16.3mil) in 2026.
A total of US$1.5mil (RM7mil) was given to all 2022 edition winners in Nimibutr Arena, Bangkok.
BWF secretary-general Thomas Lund said the prize money injection is a significant boost for the entire badminton community.
“This represents an overall greater commitment to our players and contributes to an enhanced world-class sports product that we seek,” he said in a statement yesterday.
The BWF World Tour Finals 2023 will be played in Hangzhou, China, from Dec 13-17.
The top eight qualifiers from the ‘’Race To Finals’’ rankings will be confirmed following the China Masters scheduled from Nov 21-26 in Shenzhen. — Bernama