Subscribe To International Business Times Newsletters
My account Log Out Dec 29, 4:28 AM EST.
Stay up to date on the latest World, Economy & Markets news with International Business Times Newsletters.
US Edition World U.S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion Listings & More Spotlight Glossary SMB Forum Glossary K-Wave CEO Spotlight Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Sports Australian Open Prizemoney Hits Record High By AFP News 12/29/23 AT 4:28 AM EST.
Players at January’s Australian Open (AO) will be vying for unprecedented rewards with organisers pledging a $10 million increase in the total prize pool – now set at $86.5 million. The male and female title winners will each claim impressive payouts of $3.15 million, while losers as far down as qualifiers will benefit from impressive pay increases. Those crashing in round one can expect a 13 percent rise, to $120,000, while players failing later stages will enjoy a similar growth to $180,000. To kickstart the first Grand Slam of the year, losing contenders in the qualifying stage will even score $31,250 in payouts.
tournament Director Craig Tiley highlighted investing in the players, promised to ensure Australian Open remains the “launching pad for the global tennis season,” as well as providing them with “everything needed for success throughout the year.” In the last decade, tournament rewards have been doubled, realised in some of the largest increasing in sports.
Out the dark has come bright; join the light that awaits with IBT’s newsletters, for sparkling updates on the latest World, Economy and Market news.
