2019 Australian Open offers the record $62.5 million in prize money

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2019 Australian Open offers the record $62.5 million in prize money

For the eighth consecutive year, the organizers of the Australian Open have made a significant increase in the total prize money for the 2019 edition of the opening Grand Slam of the season, passing the magical number of 60 million Australian dollars for the first time to reach the 62,500,000! For example, the total prize money was at 30,000,000 just six years ago and this will be another great chance for the lower-ranked players to earn a significant amount of money, including the qualifiers and doubles players as well.

Every player who enters the qualifying draw is granted to earn $15,000, twice as more than in 2018, and those who secure the place in the main draw will get $75,000, 25% more than a year ago. In addition, a Grand Slam win in Melbourne now carries a huge $105,000, $15,000 increase compared to 2018.

Men's and women's singles champions will leave Australia with $4.1 million, while the finalists will take 2,050,000. Over the last couple of years, the organizers of the Australian Open have made huge investments to make the Melbourne Park the most advanced tennis complex in the world with three main courts under the retractable roof and plenty more features that make the Australian Open the unique stop in the calendar for both the players and the spectators.

"We make no secret of our commitment to looking after the players as well as we possibly can, and ensuring they have a great experience at the Australian Open,” Tiley said. “The players are the stars of the show.

They bring in the crowds and fill the stadiums, they inspire the next generation to pick up a racquet, and the rest of us to always keep trying, and push the boundaries of what is possible. For all of these things and more, we invest significant resources into looking after the players, including state-of-the-art facilities, the world’s friendliest player services team and appropriate compensation.

The majority of these increases will be directed towards the players in qualifying, early rounds and doubles. For example, players losing first round in the qualifying event – which is pretty much Grand Slam entry level – will take home $15,000, double the amount previously awarded, and players losing in the first round of the main draw will earn $75,000 in prize money.

We have a responsibility to improve the conditions for all the players, and ensure tennis offers a viable career path, and this means increasing prize money as well as easing the costs associated with playing the Australian Open.”