Point / Counterpoint
Keep It Simple
Add to Flipboard Magazine.
AO Announces Record Prize Money Increase
By Erik Gudris
(December 20, 2012) -- Early round losers at the upcoming Australian Open will now feel like winners, thanks in part to a record prize money increase just announced by the tournament.
The champions of the men's and women's singles events will also each receive a hefty pay raise to the tune of AUD$2,430,000, making it the largest winner's check in the sport's history.
The increase in percentages are across the board and will also impact those who compete in qualifying rounds and in doubles. Tournament director
spoke about Tennis Australia's desire to ensure that all players are rewarded for the efforts during the first Major of the year. The prize money increase for 2013 was
back in October.
"Our motivation is to make a major contribution toward helping ensure professional tennis players can make a decent living," Tiley said. "As we have said in the past, it is a real issue and needs to be urgently addressed throughout the sport. "That is why the biggest increases are in the earlier rounds, qualifying and doubles which in effect rewards a lot of the lower ranked players for their achievements which, by the way, should not be undersold."
A first round loser will now earn $27,600, a 32.7% increase from last year's amount. Second round losers will receive $45,500, up 36.6% with third round losers making $71,000, up 30% from 2012.
Qualifying round prize money will increase 15%, first round doubles prize money by 30% while round of 16, quarterfinals and semifinals singles participants will see a 14% increase.
The news comes just a few days after the USTA announced an overall $4 million dollar increase in prize money for the 2013 U.S. Open. That announcement was met with disappointment by the ATP, who released a statement
criticizing the U.S. Open
for not offering players more earnings based on the overall revenues that they generate for the event each year.
The Australian Open is scheduled to begin next month on January 9th. A full breakdown of the new prize money amounts
can be found here
(Photo Credit: Australian Open)
Serena Tops Venus, Wins Record 23rd Grand Slam
Gritty Nadal Fights Through to AO Final vs. Federer
Federer, Wawrinka Reunite With Trip To AO Final On L...
Nadal Outmuscles Monfils Into AO Quarterfinals
Goffin Grounds Thiem, Gains AO Quarterfinals
Vandeweghe, U.S.A. Charge into Fed Cup Final
Belarus Stuns Switzerland, Reaches First Fed Cup Fin...
Nadal Rolls To Record 10th Monte-Carlo Crown
Nadal One Step from Record 10th Monte-Carlo Title
Bacsinszky Levels Swiss Semifinal With Belarus
TENNIS NOW TV
Daily News Vlog
Catching Up With...
Find Tennis Lessons Near You
Tennis Lessons Online with Tom Avery
Fuzzy Yellow Balls - Video Tennis Lessons
Tennis Express - Racquets, Shoes, and Apparel