US Open Prize Money Hits Record High: What You Need to Know!

US Open Prize Money Hits Record High: What You Need to Know!

Prize money for the upcoming US Open is set to reach an impressive nearly $85 million across all competitions, marking a significant milestone in tennis history. The U.S. Tennis Association (USTA) revealed that both the men’s and women’s singles champions will each receive a record $5 million, representing a remarkable 39% increase from last year’s payout of $3.6 million. Moreover, total player compensation is jumping 20% to an unprecedented $90 million.

The tournament, which begins on August 19-20 with a new mixed doubles event offering a top prize of $1 million, will see singles competition start on a Sunday for the first time this year, extending the tournament’s schedule from 14 days to 15. This move reflects a broader shift in response to player demands for a greater share of revenues from major tournaments, an effort supported by high-profile players such as Novak Djokovic and Coco Gauff.

In a letter sent earlier this year, these top players, along with 17 others, urged the heads of the four Grand Slam events — the US Open, Wimbledon, French Open, and Australian Open — for increased prize money and more influence on decisions that affect them directly. This year’s boost in prizes at Flushing Meadows comes after last year’s total compensation of $75 million, demonstrating the sport’s ongoing evolution and response to player advocacy.

Notably, the prize money for doubles has also seen significant increases, with winners of both women’s and men’s doubles set to earn $1 million, while total prizes for qualifying rounds will rise to $8 million, reflecting a 10% increase. The overall prize fund for 2025 will encapsulate singles, doubles, qualifying, and wheelchair events, amounting to a record-breaking allocation.

In related improvements, the USTA announced in May that the main venue, Arthur Ashe Stadium, will undergo renovations as part of an $800 million makeover, representing the largest single investment in the history of the US Open.

This substantial increase in prize money not only rewards the skill and hard work of the players but also showcases the growth and financial strength of the sport, promising an exciting and competitive tournament ahead.

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