BR100 Increased By (0.89%)
BR30 Increased By (1.07%)
KSE100 Increased By (0.84%)
KSE30 Increased By (0.81%)
BECO 5.65 Increased By ▲ 0.07 (1.25%)
BML 61.20 Decreased By ▼ -0.02 (-0.03%)
BOP 34.11 Increased By ▲ 0.43 (1.28%)
CNERGY 8.18 Increased By ▲ 0.10 (1.24%)
DCL 11.79 Increased By ▲ 0.15 (1.29%)
FCCL 53.17 Increased By ▲ 1.03 (1.98%)
FCSC 5.66 Increased By ▲ 0.03 (0.53%)
FFL 18.15 Increased By ▲ 0.14 (0.78%)
FNEL 1.37 Increased By ▲ 0.02 (1.48%)
HUMNL 11.22 Increased By ▲ 0.18 (1.63%)
KEL 7.95 Increased By ▲ 0.11 (1.4%)
KOSM 5.94 Increased By ▲ 0.21 (3.66%)
MLCF 88.30 Increased By ▲ 1.79 (2.07%)
NBP 186.00 Increased By ▲ 1.70 (0.92%)
PACE 11.77 Increased By ▲ 0.12 (1.03%)
PAEL 40.90 Increased By ▲ 0.94 (2.35%)
PIAHCLA 25.93 Increased By ▲ 0.26 (1.01%)
PIBTL 17.42 Increased By ▲ 0.15 (0.87%)
PPL 224.55 Increased By ▲ 1.88 (0.84%)
PRL 34.49 Increased By ▲ 0.03 (0.09%)
PTC 64.60 Increased By ▲ 0.86 (1.35%)
SEARL 91.10 Increased By ▲ 0.64 (0.71%)
SSGC 26.95 Increased By ▲ 0.28 (1.05%)
TELE 9.00 Increased By ▲ 0.09 (1.01%)
THCCL 68.90 Increased By ▲ 0.43 (0.63%)
TPLP 11.54 Increased By ▲ 0.34 (3.04%)
TREET 24.70 No Change ▼ 0.00 (0%)
TRG 70.87 Increased By ▲ 0.28 (0.4%)
WAVES 11.22 Increased By ▲ 0.11 (0.99%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
Sports

Australian Open prizemoney hits record high

Published December 29, 2023 Updated December 29, 2023 09:52am
By

MELBOURNE: Players at January’s Australian Open will be competing for a record prize pool with organisers Friday announcing a 13 percent boost in the total purse to Aus$86.5 million (US$59.0 million).

The winners of the men’s and women’s titles at the first Grand Slam of the year will both take home Aus$3.150 million, with players beaten in earlier rounds, and qualifying, faring better than ever.

Those crashing out in round one will receive Aus$120,000, up 13 percent, while second-round players get the same increase to Aus$180,000.

Even players knocked out in the first round of qualifying will receive Aus$31,250.

In total, an extra Aus$10 million has been made available for the 2024 event.

Tournament director Craig Tiley said it was critical to ensure “the best players in the world are compensated appropriately”.

World number one Djokovic taking it ‘season by season’

“We know this allows players to invest in their own careers and in many cases, helps set them up for success throughout the year,” he said.

“We want to ensure Australia remains the launchpad for the global tennis season and the players and their teams have everything they need to help them perform at their best and continue to enjoy the Happy Slam.”

Prizemoney at the tournament, which gets underway at Melbourne Park on January 14, has more than doubled in the past decade.

Comments

Comments are closed for this article.