Prizemoney for the Australian tennis summer has tipped above $100 million for the first time, with Australian Open players to share in a record $76.5 million.
The lure for players to travel Down Under has never been more stark. The Australian Open bounty has more than doubled in the past decade – up from $30 million in 2013.While this year’s singles champions will pocket cheques close to the $3 million mark, those individual earnings are well down on the more than $4 million given to the two champions in 2020.
Prizemoney increases for the Open are between 3 per cent and 4 per cent across the board. A player who exits the Australian Open in the first round will pocket $106,250. Not only are players who represent their country in the 18-nation United Cup – staged in Sydney, Brisbane and Perth with the finals stage held in the NSW capital – eligible to accrue valuable rankings points, they will share in a $23 million prize pool.
Tennis Australia and its flagship Australian Open event came under significant financial pressure during the past two COVID-impacted tournaments, copping a hit estimated at $140 million for staging the delayed 2021 tournament, incurring millions in hotel quarantine costs for players and support staff.
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