WTA 500 tournaments

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WTA 500 tournaments is a category of tennis tournaments in the Women's Tennis Association tour, implemented since the reorganization of the schedule in 2021. At their introduction in 2021, WTA 500 tournaments' prize money was approximately $500,000. Since then, prize money awarded by WTA 500 events has grown less uniform, with one tournament's prize money rising to as much as $1.5 million. The ranking points awarded to the winners of these tournaments are 500. This compares to 2,000 points for winning a Grand Slam tournament ("Major"), up to 1,500 points for winning the WTA Finals, 1000 points for winning a WTA 1000 tournament, and 250 for winning a WTA 250 tournament.

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