Following his win at the BNP Paribas Masters in Paris, Novak Djokovic has improved his chances for finishing 2014 as the ATP World Tour's No. 1 player. After defeating Milos Raonic, who defeated Roger Federer in the quarterfinals, in the championship to defend his title, Djokovic holds 10,010 ranking points to Federer's 8,700.  

Because of the ranking points available to Federer in the Davis Cup final, if Djokovic wins all three of his round-robin matches in London, he will clinch the top spot.

After failing to defend a final in Paris, David Ferrer dropped four spots to the fringes of the world's top 10. Ferrer now sits No. 10 in the world, just 400 points ahead of Grigor Dimitrov. Andy Murray and Kei Nishikori, who lost to Djokovic in the quarterfinals and semifinals to Djokovic respectively, each move up two spots this week; Murray sits at No. 6, while Nishikori cracks the top 5. 

In other news, returning to the top 100 on the ATP this week is former top 10 player Marcos Baghdatis. Baghdatis, who only played four matches since the US Open, was the champion in a challenger event in Geneva last week, and moves up 27 spots to No. 89. 

Over on the WTA, the 2014 rankings are official. Courtesy of being the final twosome at the Tournament of Champions in Sofia, winner Andrea Petkovic ends her season at No. 14, while runner-up Flavia Pennetta finishes 2014 at No. 13.