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Champions Cup Series Announces Prize Money for 2006

February 22, 2006 10:38 AM

First Champions Circuit To Offer Official Prize Money At Each Event

InsideOut Sports & Entertainment today announced its prize money distribution for its four Champions Cup Series tennis events in 2006 – with $140,000 total prize money being offered at each of its eight-person round-robin format tournaments. Players will be competing for a first prize of as much as $48,000 at each event with each round-robin victory earning a player $4,000. The Champions Cup Series will be the first “Champions” circuit to offer official prize money at each event.

Prize money distribution will be as follows:

Round-Robin Prize Money – Per Event

3-0 record                          ​;    $16,000
2-1 record                              $12,000
1-2 record                              $ 8,000
0-3 record                            ​;  $4,000

Bonus Prize Money – Per Event

Winner                                   $32,000
Finalist  ​;                         ​;        $16,000
Third-Place             &​nbsp;               $8,000
Fourth-Place                           $4,000

Winner/Runner-up Prize Money – Per Event

Undefeated winner                  $48,000
Once defeated winner             $44,000
Once defeated runner-up         $32,000
Twice defeated runner-up        $28,000

InsideOut Sports & Entertainment also announced a points system that will determine the No. 1 player on the Champions Cup Series for 2006. Players will earn 100 Champions Cup Series Points per round-robin match victory and 100 points for competing in all three round robin matches. Four hundred bonus points will be awarded to the winner of each Champions Cup Series event while the runner-up will earn a bonus of  200 points. Each third place finisher will earn 100 bonus points while the fourth-place finisher will be awarded 50 bonus points.

Round-Robin Bonus Points – Per Event

3-0 record                               400
2-1 record                               300
1-2 record                               200
0-3 record                               100

Bonus Points Breakdown - Per Event

Winner                                    400
Finalist                             &n​bsp;      200
Third-Place                              100
Fourth-Place                            50

“Prize money and points will be on the line in every match on the Champions Cup Series,” said Jon Venison, a founding partner of InsideOut Sports and Entertainment. “We want to be clear to all who follow the Champions Cup Series that these are legitimate, competitive tournaments, not exhibitions, and the players have something on the line in each and every match."

The 2006 Champions Cup Series will kick off in Naples, Fla., at the Champions Cup Series – Naples, to be played March 10-13 at The Players Club & Spa at Lely Resort. Champions Cup Series events will also be staged in Boston (April 27-30), Memphis (Oct 5-8) and Houston (Nov. 9-12). In order to be eligible to compete on the Champions Cup Series, players must have reached at least a Grand Slam singles final, been ranked in the top five in the world or played singles on a championship Davis Cup team. Competing players include former world No. 1 players John McEnroe, Jim Courier and Mats Wilander, former Wimbledon champion Pat Cash, former French Open champion Michael Chang, former Australian Open champion Petr Korda, former U.S. Davis Cup stars Todd Martin and Aaron Krickstein as well as former French Open finalist Mikael Pernfors.

InsideOut Sports & Entertainment is an independent producer of proprietary events and promotions including the 2006 Champions Cup Series, the Mercedes Benz Classic III in Tampa and the Ultimate Fantasy Camp II in Orlando. In 2005, the New York-based company produced Serving for Tsunami Relief in Houston, the Grand Slam Jam in Austin, Texas, the Mercedes-Benz Classic II in Tampa, Fla., Legendary Nights in Ottawa, Canada , the 2005 Stanford Financial Champions Cup Houston and the Ultimate Fantasy Camp.  For more information, please log on to www.insideoutlive.com or www.championscuptennis.com.

 

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