Men’s singles seeds for the Australian Open, the first Grand Slam of the year, which starts on Sunday, 14 January at Melbourne Park. Photo: AFP
Australian Open prize money hits record high: Here’s how much
Players at January’s Australian Open will be competing for a record prize pool with organisers announcing a 13% boost in the total purse.
Men’s singles seeds for the Australian Open, the first Grand Slam of the year, which starts on Sunday, 14 January at Melbourne Park. Photo: AFP
Players at January’s Australian Open will be competing for a record prize pool with organisers on Friday announcing a 13 percent boost in the total purse to A$86.5 million (R1.1 billion).
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The winners of the men’s and women’s titles at the first Grand Slam of the year will both take home A$3.15 million (R40 million), with players beaten in earlier rounds, and qualifying, faring better than ever.
Those crashing out in round one will receive A$120 000 (R1.5 million), up 13 percent, while second-round players get the same increase to A$180 000 (R2.3 million).
Even players knocked out in the first round of qualifying will receive A$31 250 (R400 000).
In total, an extra A$10 million has been made available for the 2024 event.
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Tournament director Craig Tiley said it was critical to ensure “the best players in the world are compensated appropriately”.
“We know this allows players to invest in their own careers and in many cases, helps set them up for success throughout the year,” he said.
“We want to ensure Australia remains the launchpad for the global tennis season and the players and their teams have everything they need to help them perform at their best and continue to enjoy the Happy Slam.”
Prize money at the tournament, which gets underway at Melbourne Park on January 14, has more than doubled in the past decade.
By Garrin Lambley © Agence France-Presse
