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The ITF announced the approval of a phased prize money increase for ITF tennis tournaments in the upcoming years.

The ITF board of directors is convinced that the changes will have a positive effect for all players on the ITF tour without going into detail:

The ITF Board of Directors has taken an important step forward by increasing prize money levels at Circuit tournaments. Combined with a targeted approach to set weekly tournament numbers, these increases will have a considerable and positive effect on players at all levels of the game.

Prize Money Changes ITF Men’s Circuit

The prize money for entry-level $10,000 tournaments will not increase in 2016 but in 2017 to $15,000, whereas $15,000 tournaments will already be increased to $25,000 in 2016. Additional spikes in prize money are planned for 2018 and currently discussed.

Here’s a quick summary:

$10,000 (2015) will increase to $15,000 in 2017

$15,00 (2015) will increase to $25,000 in 2016

Prize Money Changes ITF Women’s Circuit

The prize money for entry-level $10,000 tournaments will not increase in 2016 but in 2017 to $15,000, whereas $15,000 tournaments will be eliminated completely, the $25,000 events remain unchanged, $50,000 tournaments will see an increase in 2017 to $60,000, the $75,000 tournaments see an increase in 2017 to $90,000 and the $100,000 tournaments will be increased to $125,000 in 2017.

Here’s a quick summary:

$10,000 (2015) will increase to $15,000 in 2017

$15,000 will be eliminated

$25,000 remains unchanged

$50,000 (2015) increases to $60,000 in 2017

$75,000 (2015) increases to $90,000 in 2017

$100,000 (2015) increases to $125,000 in 2017