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FILE–A public view of Greece’s Stefanos Tsitsipas in action during his semi-final match against Russia’s Daniil Medvedev at the Australian open. REUTERS/Morgan Sette
A salary increase is in store for the players at the Australian Open in January with the gathering on Friday announcing a 3.4 percent boost in the total purse to a record Aus $ 76.5 million (US $ 51.6 million).
The winner of the men’s and women’s titles at this year’s first Grand Slam will earn Aus$2.975 million with the player beaten in the previous round bettering the previous round.
Those who crash in the first round will receive Aus$106,250, up 3.2 percent, while the second round players get the same increase for Aus$158,850.
Tournament director Craig Tiley said the total prize pool for Australian summer tennis, which includes Grand Slam warm-up events like the United Cup, would surpass Aus$100 million for the first time.
“It is critical to the continued success of Australian tennis that we provide strong and relevant playing opportunities and ensure that the best players in the world are compensated appropriately,” he said.
“At the Australian Open, we have increased the prize money for each round from qualifying, through to the final, with a big increase in the early rounds.
“These great prizes help players invest in their own careers and in many cases, set themselves up for success throughout the year.”
Australian Open prize money has increased by more than 321 percent, or Aus$58.32 million, in the last 20 years, when it was Aus$18.18 million.
The Australian Open will be held at Melbourne Park on January 16.
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