Kerber becomes the first German player since Steffi Graf to win the award.
Williams is the highest paid female athlete in the world.
Wawrinka and Murray will be in action in the ATP World Tour Finals which starts on 13 November.
Nadal has withdrawn from the rest of the season due to a wrist injury.
The TIU received 96 match alerts during the third quarter of 2016.
Serena Williams will most likely miss the rest of 2016 after taking time off from tennis.
Mats Wilander is a seven-time Grand Slam champion.
Novak Djokovic will next play the China Open, which starts on 3 October.
Andy Murray was knocked out in the quarter-final of the US Open 2016.
Novak Djokovic suffered a shock loss to Stan Wawrinka in the final of the 2016 US Open.
The 31-year-old clinches his third career Grand Slam after win at Flushing Meadows.
Novak Djokovic aims to win his third US Open title against Stan Wawrinka on Sunday.
The German beat her opponent 6-3 4-6 6-4.
Angelique Kerber is looking for her second Grand Slam title of the season after winning the 2016 Australian Open.
Djokovic and Wawrinka defeated Monfils and Nishikori respectively in the semi-final.
Angelique Kerber will face Karolina Pliskova in the final of the 2016 US Open.
Stan Wawrinka faces Kei Nishikori in the semi-final. Find out where to watch live.
Novak Djokovic faces Gael Monfils in the semi-final. Find out where to watch live.
Karolina Pliskova reaches final of a Grand Slam event for the first time in her career.
Japan number one wins 1-6 6-4 4-6 6-1 7-5 in rain-affected match at Flushing Meadows.
The Serb won after a knee injury forced Jo-Wilfried Tsonga to quit.
Stan Wawrinka faces Juan Martin del Potro in the quarter-final. Find out where to watch live.