Schett retires from WTA

, Last Updated: 10:55 AM ET

MELBOURNE, Australia (Ticker) -- Austria's Barbara Schett, once ranked as high as seventh in the world, on Thursday announced her retirement from the WTA Tour.

The 28-year-old Schett made the announcement one day after losing in the second round at the Australian Open.

Schett won three singles titles and 10 doubles crowns while making more than $3 million in prize money since turning professional in 1992. She finished with a career singles mark of 349-279.

"I have thoroughly enjoyed playing professional tennis and I feel fortunate to have been involved in such a wonderful sport that has allowed me to travel the world and build friendships with so many wonderful people," Schett said.

Her best season came in 1999, when she tied for fourth on the tour with 47 singles victories and qualified for the season-ending WTA Tour Championships for the first time.


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