The four Grand Slams offer more than just a trophy or a place in tennis history. They also offer hefty financial incentives for future champions.
What you need to Know about the Prize Pot at the Australian Open 2024, the first Grand Slam event of the year
When is the Australian Open?
The event runs from 14 to 28 January.
What is the total prize fund in 2024?
The total prize money for the competition is A$86.5 Million ($58.91 millions).
* The increase is 13.5 percent from 2023.
The tournament director Craig Tiley announced that prize money had been increased for all rounds, “with major increases in the qualifying and early rounds of both singles and doubles.”
How much will men’s and women’s single players earn?
* First round: A$120,000
Second round: A$180,000
* Third round: A$255,000
Round 16: A$375,000
* Quarter-finals: A$600,000
* Semi-finals: A$990,000
* Runner-up: A$1,725,000
* Champion: A$3,150,000
How does the prize compare to 2023?
Novak Djokovic, Aryna Sabalenka and the winners of men’s and woman’s singles 2023 received A$2,975,000 as prize money.
What about the other Grand Slams in 2023?
The French Open singles champions Djokovic & Iga Swaiatek received 2.3 millions euros ($2.54million).
The Wimbledon singles champions Marketa Vondrousova and Carlos Alcaraz received 2,35 million pounds (2.99 million dollars).
Djokovic, Coco Gauff and the U.S. Open Singles Champions received $3 Million.
What is the prize money for men’s and women’s doubles at the Australian Open in 2024?
* First round: A$36,000
Round 32: A$53,000
Round 16: A$75,000
* Quarter-finals: A$128,000
* Semi-finals: A$227,500
* Runners-up: A$400,000
* Champion: A$730,000
What is the prize money for mixed doubles at the Australian Open in 2024?
First round: A$6,900
Round 16: A$13.275
* Quarter-finals: A$26,500
* Semi-finals: A$50,000
* Runners-up: A$94,000
* Champion: A$165,000
($1 = 0.9061 euros)
($1 = 0.7856 pounds)
($1 = 1.4684 Australian dollars)
Pearl Josephine Nazare, Bengaluru (Compiled)