US Open to break $50mn prize barrier
New York, US - Prize money at this year's US Open will top US$50mn, organisers confirmed on Tuesday, once again making the tournament the richest event in tennis.
The United States Tennis Association said in a statement that the tournament purse had been increased by US$4mn, taking it up to US$50.4mn in total.
The winners of the men's and women's singles will each pocket US$3.7mn, while prize money for each round would increase by an average of 7.5 per cent compared to 2016.
The men's and women's doubles champions would take home US$675,000 while the purse for the qualifying tournament had increased to US$2.9 mn - a 49.2 per cent increase over last year.
"Five years ago, we committed to the players that total player compensation for players would reach US$50mn at the US Open, and we are honouring that commitment," USTA chairman Katrina Adams said in a statement. This year's US Open will be held from August 28 to September 10.