The season-ending WTA Finals will be held in Saudi Arabia from 2024-2026, the women's tennis body said on Thursday. Riyadh will host the season finale - which features the top eight singles players and doubles teams - from Nov. 2-9 and replaces last year's hosts Cancun, Mexico.
The WTA said its agreement with the Saudi Tennis Federation will offer record prize money of $15.25 million this year with further increases in 2025 and 2026.
“Our focus is on how we develop women’s tennis for the benefit of everybody involved in the game,” WTA Tour Chairman and CEO Steve Simon told The Associated Press.
“We have players from over 90 nations now. We have over 90 events. ... We participate in many countries that have different cultures and values systems across the board,” he said.
Locations in Europe, North America and Asia also were considered as possible new sites for the WTA Finals, which have moved around to five cities over the past five editions after a deal to put the tournament in Shenzhen, China, through 2030 was disrupted by the coronavirus pandemic.
The cities that hosted in 2022 (Fort Worth, Texas) and 2023 (Cancun, Mexico) were not revealed until September each year, and last November’s event was strongly criticized by players. Four-time Grand Slam champion Iga Swiatek beat Jessica Pegula in last year's title match; US Open champ Coco Gauff and Australian Open winner Aryna Sabalenka were among the other participants.
Simon said Riyadh was selected by the WTA in late December, but the details of the agreement were just completed.
“This partnership will build on our exposure to a market and a region whose impact on the sports industry is certainly growing rapidly,” Simon said. “We certainly expect that you’ll see more events coming there in the future. So at the end, we believe that the WTA should be a part of this development, versus being on the outside.”
The WTA said the Finals prize money will help work to meet the tour’s pledge, made last year, to increase pay and put it in line with what men earn in tennis. The $15.25 million on offer from Nov. 2-9, 2024 — an amount set to increase in 2025 and 2026 — is up from last year’s $9 million and eclipses the event-high $14 million at Shenzhen in 2019.
