Prior to the 2023 edition, the US Open’s total prize money will reach a record of 65 million dollars
The U.S. Tennis Association said on Tuesday that the total prize money and player pay at this year’s U.S. Open tennis event would reach a record $65 million, adding that the sum is bolstered by increases in the amount of expenditures paid. Approximately $60 million was paid out in total last year.
At the USTA Billie Jean King National Tennis Center, the main singles draws begin on August 28 and conclude on September 10 and 11, respectively, with the women’s and men’s finals.
The U.S. Open was the first competition in the sport to pay women and men equally, and both singles winners will receive $3 million in 2023 on the occasion of its 50th anniversary. Although an increase of around 15% from $2.6 million in 2018 it is still less than the $3.9 million pre-pandemic payout each winner received in 2019.
Players who withdraw in the first round of singles, for example, will get $81,500, up from $80,000 in 2022 and from $58,000 in 2019. Players who lose in earlier stages do receive a bonus.
The prize money for the doubles winners will increase to $700,000 from $688,000 in 2022.
For qualifying and main-draw singles, doubles, mixed doubles, and wheelchair tournaments, the USTA is increasing the amount of spending money available to both men and women.
For the first time, competitors will receive $1,000 travel vouchers; everyone will receive a second free room in an official tournament hotel instead of just one room, or if they choose, a stipend of $600 per day (up from $300) to be used for alternative housing; meal allowances will be increased; and racket stringing will be offered as an option.
The U.S. Open has the most prize money of any Grand Slam competition this year after deducting it from the total compensation being given out.
Based on exchange rates at the time of the competitions, the awards at Wimbledon, the French Open, and the Australian Open were $56.5 million, $54 million, and $53 million, respectively.
