The prize money for singles winners will increase by 19 percent.
The Australian Open will once again award record prize money this year. As the organizers of the first Grand Slam tournament of the year in Melbourne announced on Tuesday, the total prize money will increase by 16 percent to 111.5 million Australian dollars (around 64 million euros). The winners of the singles competitions will each receive 4.15 million Australian dollars (2.58 million euros) – an increase of 19 percent over last year.
Participation is also worthwhile for professionals who are eliminated early on: those who lose in the first round receive 150,000 Australian dollars (86,000 euros) – and even tennis pros who fail to qualify are rewarded with the equivalent of 23,000 euros.
Tournament director Craig Tiley sees this as an important adjustment: “By supporting players at all levels, we are creating broader talent pools and more exciting stories for the fans.”
The tournament at Melbourne Park begins on January 18. The defending singles champions are Italy’s Jannik Sinner and the US’s Madison Keys.
