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Australian Open prize money hits record high


Tennis - Australian Open - Melbourne Park, Melbourne, Australia - January 28, 2022 Panoramic view of Greek player Stefanos Tsitsipas' semi-final against his opponent

FILE–Straight from Greece’s Stefanos Tsitsipas in the semi-final against Daniil Medvedev of Russia at the Australian Open. REUTERS/Morgan Sette

Salary hikes are available for players at the Australian Open in January with organizers on Thursday announcing a 3.4% increase in total purses to a record 76.5 million. Australian dollars (51.6 million US dollars).

The men’s and women’s title winners at the year’s first Grand Slam will both take home AU$2.975 million with players beaten in the previous rounds playing better than ever.

Anyone who makes it through to round one will receive AU$106,250, up 3.2%, while players in round two receive a similar boost to AU$158,850.

Tournament director Craig Tiley said the total prize pool for the Australian tennis summer, which includes Grand Slam warm-up events such as the United Cup, will exceed A$100 million for the first time.

“Critical to the continued success of the Australian tennis summer is that we provide strong and relevant competitive opportunities, while ensuring that the best players in the world are rewarded,” he said. worthy compensation.

“At the Australian Open, we increased the prize money for every round from qualifying, through to the final, with the increase being mainly in the early rounds.

“These key rewards help players invest in their own careers and, in many cases, help them achieve success throughout the year.”

Australian Open tennis prize money has increased by more than 321 per cent, or AU$58.32 million, over the past 20 years, when it was AU$18.18 million

The Australian Open tennis tournament will take place at Melbourne Park on January 16.

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