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.
One of legendary coach Nick Bollettieri’s final interviews as he reflected on his tennis legacy
Following Nick Bollettieri’s death, we can look back at one of his last interviews, as he spoke to Tennis365.
Gael Monfils to miss Australian Open, admits he is reconsidering retirement plan after birth of his daughter
Gael Monfils could “play a bit less” after becoming a father.
Novak Djokovic hailed as ‘person of principle’ and backed to win 10th Australian Open by Aussie legend
“Novak certainly adds gravy and gravitas to the whole thing.”
Roger Federer enjoying retirement as he takes trip to Rolex HQ and catches NBA game in New York
What’s Roger Federer up to these days?
Legendary coach Nick Bollettieri passes away: ‘You were a dreamer and a doer, and a pioneer in our sport’
The great Nick Bollettieri is with us no more.
Jamie Murray excited about Jack Draper’s rise: ‘It’ll be great to watch him next year’
Jack Draper set for big things, says Jamie Murray.
What to expect from the 2023 Australian Open season
Australia is the battle ground for the first Grand Slam of the year.
Stefanos Tsitsipas confident he will eventually get to No 1 in the world: ‘I’m here for the marathon’
Stefanos Tsitsipas has not given up on the world No 1 ranking.
Why the biggest winners of 2022 are not Alcaraz, Swiatek, Nadal or Djokovic
Doubles pair Henry Patten and Julian Cash have claimed ten titles on the ATP Challenger Tour.
Rafael Nadal may have dropped a big hint that his retirement is imminent
Nadal has stated that he does not expect to play any more professional tennis events in Mexico, as he looks to trim down his schedule.