Australian Open 2024 Prize Money [$86.5 Million Confirmed]

The Australian Open 2024 is set to make history with an unprecedented total prize pool of $86.5 million, marking a remarkable 13 per cent increase from the previous year’s tournament. This surge in prize money reflects the event’s commitment to elevating the experience for tennis players and fans alike.

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Key Highlights

Record-Breaking Prize Pool

The $86.5 million prize pool at Australian Open 2024 stands as the highest in the tournament’s storied history. This impressive figure represents a substantial $10 million increase from the 2023 edition, reaffirming the Australian Open’s dedication to recognizing and rewarding the world’s top tennis talent.

Prize Money Distribution

Singles – Men’s and Women’s

  • Winner: $3,150,000
  • Runner-up: $1,725,000
  • Semifinalists: $990,000
  • Quarterfinalists: $600,000
  • Round of 16: $375,000
  • Round of 32: $255,000
  • Round of 64: $180,000
  • First Round: $120,000

Qualifying Singles – Men’s and Women’s

  • Round of 32: $65,000
  • Round of 64: $44,100
  • First Round: $31,250

Doubles – Men’s and Women’s (Per Team – 64 Draw):

  • Winner: $730,000
  • Runner-up: $400,000
  • Semifinalists: $227,500
  • Quarterfinalists: $128,000
  • Round of 16: $75,000
  • Round of 32: $53,000
  • First Round: $36,000

Mixed Doubles (Per Team – 32 Draw):

  • Winner: $165,000
  • Runner-up: $94,000
  • Semifinalists: $50,000
  • Quarterfinalists: $26,500
  • Round of 16: $13,275
  • First Round: $6,900

Significant Increases in Every Round

Australian Open 2024 is not only about the overall increase in prize money but also about ensuring that players in every round receive their fair share. Notable percentage boosts include a 20 per cent increase for first-round qualifiers, a 16 per cent boost for first-round doubles teams, and a 13 per cent rise for first-round main draw singles players.

Remarkable Growth Over the Years

The tournament’s commitment to elevating the sport is evident in the fact that the prize money for Australian Open has more than quadrupled in the last 20 years since 2005, when it stood at $19.1 million. Notably, there has been a doubling of prize money from $40 million in 2015.

Beyond Prize Money: Enhanced Facilities

Beyond the staggering prize money, Australian Open 2024 introduces several initiatives to enhance the overall experience for players. This includes the addition of a new player gym, state-of-the-art ice baths, an urban playground, and a coaches lounge, among other services.

In conclusion, Australian Open 2024 is not just a tennis tournament; it is a celebration of athletic excellence, dedication, and the spirit of competition, all underscored by a record-breaking prize pool that sets a new benchmark for tennis events globally.

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