The Professional Squash Association (PSA) are pleased to announce that the 2016 J.P. Morgan Tournament of Champions, PSA World Series event, will have parity in the amount of prize money this is available across both the Men’s and Women’s events for the first time in the tournament’s history.
The event, which has been upgraded to a PSA World Series status for the women in 2016, will feature $300,000 of cumulative prize money in both the Men’s and Women’s events as the decision to create a unified governing body continues to pay dividends.
The historic union between the PSA and former women’s governing body WSA, which took place in January 2015, has seen a 28% increase in women’s prize money so far in 2015 while the Men’s Tour has also benefitted – growing 6.5% – with the iconic ’ToC” which is held inside Grand Central Terminal becoming the latest big-name event to pledge equal prize money.
“The Tournament of Champions has been one of the sport’s most iconic and breathtaking tournaments for over two decades and to see the organisers and sponsors show their commitment to achieving gender equality across the professional ranks is very pleasing,” said PSA Chief Executive Alex Gough.
“The PSA are committed to increasing parity and offering both men and women the same playing opportunities at the elite level of squash and the support of our major events and backers is instrumental in helping us achieve these ambitions.”
The prestigious event was last won by Mohamed Elshorbagy and Raneem El Welily, the Men’s and Women’s World No.1’s, respectively, and will celebrate its 19th anniversary as the world’s leading players descend on the iconic Vanderbilt Hall in Grand Central Terminal once more.
“We are thrilled that the Tournament of Champions, as befits its status as one of the world’s major championships, has achieved our goal of gender parity by increasing the women’s main draw from 16 to 32 players and providing equal prize money,” said Tournament Promotor John Nimick.
“The support and commitment to gender parity of our title sponsor, J.P. Morgan, has been instrumental in our achieving this milestone.”
The move sees the Tournament of Champions become the third PSA World Series tournament inside the past two years to commit to offering equal prize money, joining the Delaware Investments U.S Open and Guggenheim Partners Windy City Open.
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