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Australian Open Sees $10 Million Increase In Prize Money For 2024

Singles champions will each earn $3.15 million
December 30, 2023
There will be $AU 86.5 million in prize money up for grabs at the 2024 Australian Open.
AFP/Getty Images
There will be $AU 86.5 million in prize money up for grabs at the 2024 Australian Open. By ATP Staff

Australian Open organisers have announced a $10 million increase in prize money for the 2024 tournament, increasing the prize pool for the event to $AU 86.5 million.

The singles champions in the men's and women's singles draws will each earn $3,150,000 and every round has seen an increase in prize money.

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Australian Open Tournament Director Craig Tiley said: “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.

“It is critical to the continued success of the Australian Open that we ensure that the best players in the world are compensated appropriately as we know this allows players to invest in their own careers and in many cases, helps set them up for success throughout the year."

2024 Australian Open Singles Prize Money (Men & Women)

 Round  Prize Money
 Champion  $3,150,000
 Finalist  $1,725,000
 Semi-finalist  $990,000
 Quarter-finalist  $600,000
 R16  $375,000
 R32  $255,000
 R64  $180,000
 R128  $120,000

2024 Australian Open Qualifying Singles (Men & Women)

 Round  Prize Money
 R32  $65,000
 R64  $44,100
 R128  $31,250

2024 Australian Open Doubles Prize Money (Men & Women per team)

 Round  Prize Money
 Champion  $730,000
 Finalist  $400,000
 Semi-finalist  $227,500
 Quarter-finalist  $128,000
 R16  $75,000
 R32  $53,000
 R128  $36,000

2024 Australian Open Mixed Doubles Prize Money (per team)

 Round  Prize Money
 Champion  $165,000
 Finalist  $94,000
 Semi-finalist  $50,000
 Quarter-finalist  $26,500
 R16  $13,275
 R32  $6,900

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