LONDON: Next year's Korean Open badminton tournament will become the first in the sport to offer over $1 million in prize money.The event is one of five named in a media release late on Friday by the Badminton World Federation (BWF) as one of its new Premier Super Series tournaments, effectively its first "Grand Slam." The others, agreed at a BWF council meeting in Kuala Lumpur, are Indonesia, China, the All England, and Denmark. Prize money in Indonesia has been raised to $600,000 while the other three are offering a minimum of $350,000 each. There will be seven other second-tier Super Series events with a minimum purse of $200,000 -- in France, Hong Kong, India, Japan, Malaysia, Singapore and China. Total prize money for the year, including the Premier tournaments, will rise from $3.3 million to $4.7 million. BWF president Dr Kang Young-joong said: "There is more money in the sport, we have our first ever million dollar prize money tournament and above all the BWF received a strong interest from our member countries. "These are positives for the sport and I firmly believe we are heading in the right direction in terms of developing and promoting the sport. The future is bright." There were 17 applications to host a Super Series event and eight to stage one of the Premier tournaments. The Super Series format was introduced in 2007 but after a review at the end of 2009 the decision was taken to introduce a two-tier system from 2011. http://badmintonvietnam.blogspot.com/2010/05/koreans-break-1-million-mark-in-super.html#links
So the point of all these threads is to point out to us that there is now yet another blog out there that is cutting and pasting news items without crediting the original source? Same old story: Koreans break $1 million mark in Super Series revamp SINGAPORE OPEN - A Family Affair
