FINANCIAL SECTION XIV - PRIZE MONEY FORMULA 2.  WTA 500 Tournaments Except as this Section XIV.B otherwise states, the Minimum Player  Compensation for each individual WTA 500 Tournament equals the amount  next to the applicable Tour Year in the following table: 2022 An individual Tournament’s 2021 MPC multiplied by that Tournament’s PSI  Growth from (x) that Tournament’s average PSI for 2018, 2019, and 2020 to  (y) that Tournament’s average PSI for 2019, 2020, and 2021, as determined  pursuant to Section XIV.B.7 below and subject to adjustment pursuant to  Sections XIV.B.3 and 4 below, but not less than $3,090,000. 2021 An individual Tournament’s 2020 MPC multiplied by that Tournament’s PSI  Growth from (x) that Tournament’s average PSI for 2017, 2018, and 2019 to  (y) that Tournament’s average PSI for 2018, 2019 and 2020, as determined  pursuant to Section XIV.B.7 below and subject to adjustment pursuant to  Section XIV.B.3 below, but not less than $873,000. 2022 An individual Tournament’s 2021 MPC multiplied by that Tournament’s PSI  Growth from (x) that Tournament’s average PSI for 2018, 2019, and 2020 to  (y) that Tournament’s average PSI for 2019, 2020 and 2021, as determined  pursuant to Section XIV.B.7 below and subject to adjustment pursuant to  Section XIV.B.3 below, but not less than $899,000. 3.  Special Circumstances a.  New Tournaments and Existing Tournaments that Change Locations If an existing WTA 1000 Non-Mandatory or WTA 500 Tournament changes  locations and the new location is within 125 miles of the prior location,  the MPC calculations shall include the actual results of the Tournament  for each applicable year, subject to the PMF Committee’s discretion. If a new WTA 1000 Non-Mandatory or WTA 500 Tournament is approved  to enter the WTA Tour calendar or an existing WTA 1000 Non-Mandatory  or WTA 500 Tournament changes locations and the new location is  greater than 125 miles from the prior location, such Tournament’s MPC  will be determined as follows: i.  Year 1: MPC will be equal to the MPC of the prior location or, if it  is a new WTA 1000 Non-Mandatory or WTA 500 Tournament, the  minimum 2020 MPC in the table in Section XIV.B.1, 2, or 3.b, as  applicable. ii.  Year 2: Year 1 MPC increased by 3%. 240