Aug 7, 2024, 4:08 PM
Aug 7, 2024, 4:08 PM

US Open Prize Money Reaches $65 Million

Highlights
  • The U.S. Open's total prize fund has reached a record $75 million for this year's tournament.
  • Top players including Coco Gauff and Novak Djokovic will compete for these historic earnings.
  • This increase in prize money reflects the growing popularity and commercial success of tennis.
Story

Coco Gauff, Novak Djokovic, and other top tennis players will compete for a historic total of $75 million in prize money at the 2024 U.S. Open, marking a 15% increase from the previous year. The U.S. Tennis Association (USTA) revealed that both the women’s and men’s singles champions will receive $3.6 million each, contributing to what the USTA describes as the largest purse in tennis history. This increase brings the total compensation up by $10 million from the $65 million awarded in 2023. The U.S. Open's prize pool surpasses that of the other three Grand Slam tournaments, with Wimbledon offering approximately $64 million and both the French Open and Australian Open at around $58 million. While the champions' prize has increased from $3 million last year, it still falls short of the pre-pandemic figure of $3.9 million awarded in 2019. Last year, Gauff claimed her first Grand Slam title, while Djokovic secured his record 24th title. Main draw play begins on August 26 at the USTA Billie Jean King National Tennis Center, culminating in the women’s final on September 7 and the men’s final on September 8. Notably, first-round players in both singles categories will receive $100,000, a significant rise from $81,500 in 2023. In doubles, champions will earn $750,000 per team, up from $700,000 last year. Due to scheduling conflicts with the Paralympic Games in Paris, there will be no wheelchair competition at this year’s U.S. Open. In response, the USTA is providing grants to players who would have participated through direct entry.

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