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Australian Open news: Tennis stars to earn record $100 million during Australian summer

More than $100 million of prizemoney will be handed out in the Australian summer of tennis, check out how much each player can make as they progress through the Aus Open.

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Prizemoney for the Australian Open will exceed $76 million in 2023, with men’s and women’s semi-finalists earning $925,000 each.

The monetary prize for the winners is $2.975 million, while those reaching the final four will be given more than $30,000 more than this year’s AO tournament.

Tennis Australia confirmed that the total prizemoney for the $76.5 million AO and new United Cup will exceed $100 million, and all payments for each round of the Grand Slam event will increase from the 2022 offerings.

Rafael Nadal with the Australian Open men's singles final trophy and a hefty pay packet after his Melbourne Park heroics in January.
Rafael Nadal with the Australian Open men's singles final trophy and a hefty pay packet after his Melbourne Park heroics in January.

First round qualifiers at the AO will get $26,000, while players reaching the second round will receive $158,850, both up more than 3 per cent from this year.

“It is critical to the continued success of the Australian tennis summer that we provide strong and relevant playing opportunities and ensure that the best players in the world are compensated appropriately,” AO tournament director Craig Tiley said.

“We want to ensure Australia is the launch pad for the global season and that we see as much of them as possible.

Rafael Nadal will pocket $925,000 if he can reach the semi-finals at the Australian Open.
Rafael Nadal will pocket $925,000 if he can reach the semi-finals at the Australian Open.

“They inspire us all to engage in this great sport as well as inspiring future generations.

“We are delighted to have more than $100 million in prizemoney on offer across the Australian summer, along with more chances to compete across the country. We’ve worked tirelessly alongside the ATP and WTA to launch the exciting new United Cup, which includes its own significant ranking points and prizemoney, a further two WTA and ATP events in Adelaide, the Hobart International and an upgraded ATP 100 Challenger in Canberra.

“At the Australian Open we’ve upped prizemoney for every round from qualifying through to the finals.”

Read related topics:Australian Open Tennis
Jamie Pandaram
Jamie PandaramSenior Sports Writer

Jamie Pandaram is a multi award-winning journalist who covers a number of sports and major events for News Corp and CODE Sports... (other fields)

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Original URL: https://www.theaustralian.com.au/sport/tennis/australian-open-news-tennis-stars-to-earn-record-100-million-during-australian-summer/news-story/e981b00a100b93099aacf2f1a5cb6e72