How Much Prize Money Is On Offer At The 2024 Spain Masters Badminton Tournament?

The European leg of the BWF World Tour is in full swing. While some of the top shuttlers were seen in Madrid this week, many opted out of the ongoing tournament. However, the fact that the Spain Masters 2024 is an important badminton comPetition and comes with a decent prize money pool cannot be overlooked.

Held for the first time in 2018, this year marks the sixth edition of the Spain Masters. The tournament — officially known as the Madrid Spain Masters 2024 Iberdrola for sponsorship reasons — is organised by the Spanish Badminton Federation with sanction from the Badminton World Federation (BWF). Just like the recently concluded Swiss Open, the Spain Masters is a BWF World Tour Super 300 event.

Since its inception, the Spain Masters has been hosted by three different cities — Barcelona (2018 to 2020), Huelva (2021) and Madrid (2023-present). The 2022 edition was cancelled due to the COVID-19 pandemic.

In the first edition of the tournament in 2018, Danish badminton player Rasmus Gemke won the men’s singles event, while Japanese shuttler Minatsu Mitani was the champion in the women’s singles category. Currently, Kenta Nishimoto of Japan is the reigning champion in the men’s singles category, and Indonesia’s Gregoria Mariska Tunjung is the current champion in the women’s singles division.

Now that you are up to speed with the History of the comPetition, let us take a closer look at the 2024 Spain Masters prize money pot, the schedule and venue for the finals, and more.

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A breakdown of the prize money pool for the Spain Masters 2024

Being a Super 300 tournament, the payouts at the Spain Masters rank among the scarcest in the BWF World Tour. Unlike marquee events like the All England Open, which is a part of the BWF 1000 Tour, the prize money purse is somewhat low.

According to a report by Badminton World Tour, the total prize money pool for the Spain Masters 2024 badminton tournament is USD 210,000 (SGD 283,388 approx.).

From this prize money pot, the champions in the men’s and women’s singles categories will be rewarded with USD 15,750 and 7,000 BWF points. The runners-up in both the singles categories will take home USD 7,980 and 5,950 BWF points.

The shuttlers who get ousted from the semi-finals in both categories will each receive USD 3,045 and 4,900 BWF points. On the other hand, the losing quarter-finalists in both the singles categories will pocket USD 1,260 and 3,850 BWF points each.

Similarly, the men’s, women’s and mixed doubles winners will take home USD 16,590 and 7,000 BWF points. The runners-up in all three doubles categories will be rewarded with USD 7,980 and 5,950 BWF points.

While the losing semi-finalists will each receive USD 2,940 and 4,900 BWF points, the players who bow out from the quarter-finals will each pocket USD 1,522.5 and 3,850 BWF points.

A look at the schedule and venue for the finals of the Spain Masters 2024

The Spain Masters 2024, which kick-started on Tuesday, 26 March, will draw to a close with the finals of all the categories on Sunday, 31 March. Much like the rest of the matches in the tournament, the finals will be contested at the Centro Deportivo Municipal Gallur in Madrid.

Where can you live stream the Spain Masters 2024 finals?

Badminton fans around the world can live stream the final matches of the Spain Masters 2024 on the BWF’s YouTube channel, BWF TV, the official global broadcaster for the tournament.

(Main and Featured Images Credits: BWF)

This story first appeared on Augustman Singapore

Frequently Asked Questions (FAQs)

– How can I watch the Spain Masters matches live? 
You can live stream all the matches of the Spain Masters on the BWF’s official YouTube channel, BWF TV.

– Who are the best players to look out for at the Spain Masters?
Singapore’s Loh Kean Yew, Lin Chun-yi of Chinese Taipei, Thailand’s Ratchanok Intanon and India’s P.V. Sindhu are among the top shuttlers at the Spain Masters 2024.

– Are there spectator tickets available for Spain Masters badminton matches?
Spectator tickets are available for the Spain Masters 2024 on the Ticketmaster website.

– What is the prize money for the Spain Masters doubles event? 
The winners of all three doubles categories at the Spain Masters 2024 will receive a prize money of USD 16,590.

– Which player has the most wins in the Spain Masters?
None of the players across all the categories have won the Spain Masters title more than once.

– What perks are available for the winners of the Spain Masters other than the prize money? 
In addition to the payouts, the winners of the Spain Masters will receive BWF points which will help to determine the year-end rankings.