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May 21, 2024
Power Sportz Magazine
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Australian open 2020: Record $71 million in prize money


At Australian open 2020, the world’s best players will compete for a record $71 million prize money, an increase of 13.6 percent on the record purse in 2019.

More than the last decade, the rise continues a tremendous growth in the event’s prize money in recent years.

Director Craig Tiley Australian Open Tournament 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.

“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 percent, while players losing in the first round of the main draw will earn $90,000 in prize money in 2020.

On January 20, the Australian Open gets underway at Melbourne Park.

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