BWF World Tour Finals 2024: All you need to know about prize money

The prize pool is the highest among all the badminton tournaments in the world.

The year-end BWF World Tour Finals 2024 is set to take place from December 11 to December 15 at the Hangzhou Olympic Sports Centre Gymnasium in Xiacheng, Hangzhou, China.

The uniqueness and significance of the tournament is that it features the top eight players/pairs of the calendar year (maximum of two players/pairs from a nation), in every category, fighting it out for top honours in one of the most prestigious badminton tournaments of the year. Thus, we get to see the most in-form players this year fighting it out, implying that the quality of action in almost every match is very high.

Apart from Viktor Axelsen in men’s singles, the Paris Olympic gold medalists in all sections are present in the Chinese tournament. In total, 10 out of the 15 Olympic medallists are competing in the year-end tournament. The event is also significant because it marks the farewell for a number of celebrated names in the sport, including reigning Olympic Champions Lee Yang/Wang Chi-Lin and Zheng Siwei/Huang Yaqiong.

With the form of the top Indian shuttlers having fluctuated throughout the year, combined with a number of withdrawals in various tournaments since this was an Olympic year, the women’s doubles pair of Treesa Jolly and Gayatri Gopichand are India’s only representatives in the competition.

Also Read: BWF World Tour Finals 2024 Updated schedule, fixtures, results, live streaming details

In each category, the eight players/pairs are divided into two groups of four each, with each the top two in each group qualifying for the semifinals. The first three days involve the group stage matches, followed by the semifinals on the fourth. The finals will be played on December 15.

Prize money break-up for each category in BWF World Tour Finals 2024

The total prize pool for the BWF World Tour Finals 2024 is US$2,500,000, which is the highest among all the badminton tournaments which have taken place this year. In fact, it is nearly double the sum offered in Super 1000 tournaments such as the Malaysia Open and Indonesia Open.

The winning players in the two singles categories earn US$ 200,000 each, while the victorious pairs in the three doubles events earn US$10,000 more. The runner-up in every section earns US$100,000.

The two losing semifinalists in each of the five categories earn US$50,000 each. The players who finish third in their group in the singles events take home an amount of US$27,500, while their counterparts in doubles get US$32,500. For those who take the wooden spoon in the individual sections, a sum of US$15,000 each is reserved, while the pairs placed at the fourth place in the double’s sections earn US$2500 more.

Prize money breakdown of BWF World Tour Finals 2024

Round	Men’s Singles	Women’s Singles	Men’s Doubles	Women’s Doubles	Mixed Doubles
Winner	US$200,000	US$200,000	US$210,000	US$210,000	US$210,000
Runner-up	US$100,000	US$100,000	US$100,000	US$100,000	US$100,000
Semifinalist	US$50,000	US$50,000	US$50,000	US$50,000	US$50,000
Third in group	US$27,500	US$27,500	US$32,500	US$32,500	US$32,500
Fourth in group	US$15,000	US$15,000	US$17,500	US$17,500	US$17,500

For more updates, follow Khel Now on Facebook, Twitter, and Instagram; download the Khel Now Android App or IOS App and join our community on Whatsapp & Telegram