US Open Increases Prize Money

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Djokovic

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THE United States Open Tennis Championship is now the most lucrative and highest paying tennis grand slam in the world.  On Tuesday, July 14, the US Tennis Association announced 10.5 percent increase in the total prize money thereby pushing up this year’s total prize money pool to $42.3 million with winners of men’s and women singles taking home $3.3 million each. Last year, the 2014 US Open also got an increase. Besides, the top three finishers in the Series are eligible for bonus prize money, which could increase the 2015 US Open purse to as much as $44.6 million.

Katrina Adams, president of the USTA and the US Open chairwoman, said: “We continue our commitment to ensure that the US Open offers one of the most lucrative purses in all of sports,” adding: “As we have stated, total player compensation at the US Open will reach $50 million by 2017.”

The prize money for the 2015 US Open which starts in August, would eclipse Wimbledon prize money. Earlier in the year, the All England Club increased Wimbledon’s total prize money by 7.5 percent which took the total Wimbledon purse to £26.75 million or $41.82 million in current exchange. Novak Djokovic and Serena Williams both pocketed £1.88 million each after winning men’s and women singles events.

The increase in the US Open and Wimbledon purses are expected to put pressures on other grand slams like Australian Open and French Open to increase their own prize money. For now, analysts say it has become a four-grand slams race. Here is the full list of prize money for the 2015 US Open:

Singles:

Winner: $3,300,000
Runner-Up: $1,600,000
Semi-finalist: $805,000
Quarterfinalist: $410,975
Round of 16: $213,575
Round of 32: $120,200
Round of 64: $68,600
Round of 128: $39,500

 

Doubles (each team):

Winners: $570,000
Runners-Up: $275,000
Semi-finalists: $133,150
Quarterfinalists: $67,675
Round of 16: $35,025
Round of 32: $21,700
Round of 64: $14,200

 

The 2015 US Open is scheduled to start on Monday, August 31, through to Sunday, September 13, with the US Open Qualifying Tournament beginning on August 25.

— Jul 27, 2015 @ 01:00 GMT

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