The US Open will be handing out $57 million (£45.5 million) in prize money at this year’s tournament and the men’s and women’s winners will each walk away with a cheque of $3,850,000 (£3,074,128).
There is an increase of eight per cent in this year’s prize fund and the $57m total puts it well ahead of the $47,583,600 (£38,000,000) that was offered by Wimbledon a few weeks back.
“The US Open prides itself on offering the best tennis players in the world, the richest total prize money in our sport,” said Patrick Galbraith, United States Tennis Association Chairman of the Board and President.
“We strive to be innovative, and feel that our new contribution of $500,000 to the ATP’s player programs including its pension and the WTA Tour’s transition programs for players will go a long way toward the long-term financial well-being of all of our sport’s athletes.”
The men’s and women’s winners’ prize is up by $50,000 (£39,900) from last year, but there are increases across the board as the runners-up will each receive $1,900,000 (£1,5m), also up by $50,000.
Players who lose in the first round will return home with a $58,000 (£46,000) and those who win just one match will now earn $100,000 (£80,000).
As for the doubles, each winning team will receive $740,000 (£591,000) with the runners-up taking home $370,000 (£30,000).
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