2020 US Open prize money confirmed: Increase for first-round losers, but a decrease for champions
The United States Tennis Association (USTA) has announced a $53.4 million (about £41m) prize purse for the 2020 US Open, down about five per cent from the previous year, while it has also set aside $7.6m (roughly £6m) for player relief.
A record $57m (£43m) was awarded to players in 2019, but there was always going to be a decrease this year due to the coronavirus pandemic. Reports suggest USTA would have lost $120m (£91m) in global TV rights had this year’s tournament had been cancelled.
Despite the decrease, the men’s and women’s champions will walk away with a handy $3m (about £2,2m) winner’s cheque, down $850,000 (£646,000) from the previous year’s $3.85m (£3m).
The doubles winners will receive $400,000 (£304,000) per team, which is nearly half of the $740,000 (£562,000) they received in 2019.
The singles runners-up will get $1.5m (about £1m), down $400,000 from the previous year, and the semi-finalists will earn $800,000 (£608,000).
There is some good news as the first-round losers’ earnings will increase as they will get $61,000 (£46,000) compared to the $58,000 (£44,000) last year while prize money for the second and third round stays the same.
USTA also confirmed that they have set aside an additional $6.6m (£5m) “in grants and subsidies as a result of its decisions to not hold a qualifying tournament, and reduce the doubles draws, at this year’s US Open”.
The organisation had previously contributed $1m (£760,000) to Player Relief Program.
“We’re proud to be able to offer a player compensation package that maintains nearly 95 percent of the prize pool from 2019,” Mike Dowse, USTA chief executive officer and executive director, said.
“The prize money distribution for the 2020 US Open is the result of close collaboration between the USTA, WTA and ATP, and represents a commitment to supporting players and their financial well-being during an unprecedented time.”
Follow us on Twitter @T365Official.
2021 Australian Open set for 8 February start with players allowed to train during quarantine – reports
Dates for the 2021 Australian Open all but confirmed.
Roger Federer delivers a special Christmas treat for his army of fans
Roger Federer has revealed his iconic RF logo is now back under his control.
Andy Murray: ‘I want to do everything that I did when I was No 1 to see what I can achieve’
Andy Murray determined to get back into shape.
Belinda Bencic on teaming up with Roger Federer at Tokyo Games: ‘I’m ready, it’s just up to Roger now’
Swiss dream team for 2021 Tokyo Games?
‘My first hit in over a year’ – Laura Robson on comeback trail after hip surgery
Robson last played a tournament in April 2019.
British youngster Paul Jubb dreaming big after disrupted first year as pro tennis player
Jubb made his Wimbledon debut last summer.
Organisers expect to finalise arrangements for 2021 Australian Open ‘very soon’
It is expected event will be pushed back.
Jurgen Melzer hits back at Novak Djokovic’s ATP claims, saying it is ‘utter nonsense’
Melzer ‘surprised that Djokovic is surprised’.
‘Players will skip Australian Open if they are not allowed to practise during quarantine period’
Players not ready to commit to Australian Open.
Wait for confirmation about 2021 Australian Open dates continues as Tennis Australia gives another update
Talks ongoing about dates for 2021 Australian Open.