Australian Open 2024 Tennis Tournament Increases Prize Money by 13% for a Total Pool of USD 58.4 Million
Tournament director Craig Tiley said in a statement Friday that the Grand Slam tournament will now offer 86.5 Australian dollars (USD58.4 million) in total prize money. The U.S. Open announced in August that it was increasing its total prize money and player compensation to a record USD 65 million, which is the highest among the four Grand Slam tournaments.
Australian Open tennis officials have announced an increase in prize money by 10 million Australian dollars (USD 6.8 million) for the upcoming tournament which begins on Jan. 14 at Melbourne Park. Tournament director Craig Tiley said in a statement Friday that the Grand Slam tournament will now offer 86.5 Australian dollars (USD58.4 million) in total prize money. The U.S. Open announced in August that it was increasing its total prize money and player compensation to a record USD 65 million, which is the highest among the four Grand Slam tournaments. Tennis Calendar 2024: Schedule and Dates of Major Tournaments Including Grand Slams in The New Year.
“We've upped prize money for every round at the Australian Open with the major increases in qualifying and the early rounds of singles and doubles,” Tiley said.
Australian Open Official Tweet
At Melbourne, first-round qualifiers will receive a 20% increase to 31,250 Australian dollars (about USD 21,000). Men's and women's singles champions will receive $3.15 million Australian dollars each (about $2.15 million). Carlos Alcaraz Beats Novak Djokovic To Clinch Victory in Riyadh Season Tennis Cup.
The women's final, where Aryna Sabalenka is the defending champion, is set for Jan. 27. The men's final, where Novak Djokovic is the defending champion, is scheduled for for Jan. 28.
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