Australia Open prize money up by 13% to record A$ 71 mn

Australian Open,Tennis Australia,Australian Open 2020,Sports Business News,Craig Tiley
Courtesy: ATP Tour

Tennis Australia has increased the Australian Open 2020 prize money purse to a tournament record of A$ 71 million (US $ 49.1 mn), marking a 13.6% increase over the 2019 edition of the first Grand Slam of the year.

A continuous, remarkable growth in the event’s prize money in recent years has seen the Australian Open prize purse more than doubling during the first decade of the 21st century. The prize money has increased by more than 412% or A $57.1 million in the 20 years since 2001, when it was $13.9 million; there is a 183.9% increase from A$25 million in 2011; a significant 61.4% over the last five years and a 255% raise since Craig Tiley became Australian Open Tournament Director in 2007.

Australian Open Tournament Director Craig Tiley said the increase was another important step in continuing to invest in the playing group. “We have long been committed to improving the pay and conditions for a deeper pool of international tennis players, in fact since AO 2007 prize money has more than tripled from $20 million to the $71 million for 2020 we are announcing today,” Tiley said.

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“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.”

There will be double digit percentage increases across qualifying and every round of the main draw except the final in singles. For example, players losing in the first round of qualifying will take home $20,000 up 33 %, while players losing in the first round of the main draw will earn $90,000 in prize money in 2020.

Australian Open 2020 prize money fast facts:

  • First-round qualifiers – $20,000 up 33.3 percent
  •  First-round doubles teams – $25,000 up 19.05 percent
  • First-round main draw singles players – $90,000 up 20 percent
  • Players reaching the second round – $128,000 up 21.9 percent from $105,000
  • Semi-finalists will earn $1.04 million, up 13 percent
  • Singles champions will take home $4.12 million

Australian Open 2020 What the players gain:

SINGLES – men’s and women’s (Per player – 128 draw):

Winner : A$4,120,000

Runner-up : A$ 2,065,000

Semi-final : A$1,040,000

Quarter-final : A$ 525,000

Round 4 : A$  300,000

Round 3 : A$ 180,000

Round 2 : A$ 128,000

Round 1 : A$ 90,000

DOUBLES – men’s and women’s (Per team – 64 draw):

Winner : A$ 760,000

Runner-up : A$ 380,000

Semi-final : A$ 200,000

Quarter-final : A$110,000

Round 3 : A$ 62,000

Round 2 : A$  38,000

Round 1 : A$ 25,000

QUALIFYING SINGLES – men’s and women’s (Per player – 128 draw):

Round 3 : A$ 50,000

Round 2 : A$ 32,500

Round 1 : A$ 20,000

MIXED DOUBLES (Per team – 32 draw):

Winner : A$ 190,000

Runner-up : A$ 100,000

Semi-final : A$ 50,000

Quarter-final : A$ 24,000

Round 2 : A$ 12,000

Round 1 : A$ 6,250

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