Australian Open

Australian Open prize money rises

2016-12-21 13:41
Australian Open (File)

Sydney - Next month's Australian Open will offer A$50 million (US$36.25 million) in prize money, with the men's and women's singles champions both netting a cool $3.7 million, organisers said on Wednesday.

The tournament-record purse, up 14 percent on the 2016 edition, also offers players $50 000 even if they lose in the first round.

"It was especially important for us to increase the compensation for players in the early rounds and qualifying, and this year we have made some real gains," tournament director Craig Tiley said in a statement.

"Our aim is to shift the break-even point for professional players, to ensure that tennis is a viable career option for the best male and female athletes in the world," he added.

Prize money for qualifying matches at the year's first tennis Grand Slam is up 39 percent, and the $50 000 reward for reaching round one is a rise of 30 percent.

By comparison, last year's US Open offered a total purse of US$46.3 million, while players won US$34.7 million at Wimbledon and US$33.3 million at the French Open.

Read more on:    australian open  |  tennis
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Vote

Which is your favourite Grand Slam of the year?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2017/18 PSL season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.