2020 Australian Open To Offer Record Prize Money
The players competing in the 2020 Australian Open aren’t just battling for Grand Slam glory. They’re also playing for record prize money that includes sizable boosts for all participants.
The first Grand Slam of the year is offering AUD $71 million (USD $49,564,735) in prize money, a 13.6 per cent increase from last year’s event. The prize money in Melbourne has nearly tripled from AUD $25 million (USD $17,452,371) in 2011.
First-round losers in the singles main draw will receive AUD $90,000 (USD $62,828), up 20 per cent from last year. Doubles teams that exit in the first round will receive a 19 per cent pay increase and split AUD $25,000 (USD $17,451). Players who fall in the first round of qualifying will take home AUD $20,000 (USD $13,960), up 33 per cent from last year.
"We have long been committed to improving the pay and conditions for a deeper pool of international tennis players,” said Craig Tiley, Tournament Director. “This year, as we do every year, we worked with the tours to establish the weighting for prize money increases round by round, and we pushed to reward players competing early in the tournament in both singles and doubles.
“We strongly believe in growing prize money at all levels of the game and we will continue to work with the playing group to create viable career paths in the sport and enable more players to make more money.”
Defending singles champion Novak Djokovic looks to keep his title and earn the winner's check for AUD $4,120,000 (USD $2,875,952). The winning doubles team splits AUD $760,000 (USD $544,476).