Tennis: Australian Open Prize Money Breakdown

The Australian Open is an annual tennis tournament played in the last two weeks of January. The sports tournament is the first of the 4 Grand Slam tennis tournaments that precede the French Open, Wimbledon, and the American Open every year.

Itincludes men’s and women’s singles; men’s tournaments, women’s, and mixed doubles, wheelchair championships, and friendly exhibitions. It has been played on grassy courts since 1988, but since that time there have been three different forms of hardcourt: the green-colored Rebound Ace until 2007, the blue Plexicushion until 2019, and the blue GreenSet since 2020.

The tournament was initially foundedas the AustralasianChampionships, then in 1927, it was changed to the Australian Championships. The name Australian Open has officially been in use ever since1969. Held for the first timein 1905, it has since become one of the largest athletics competitions in the southern hemisphere.

How much does the winner of the Australian Open get?

The first Grand Slam of the 2021 season is set to begin on 18 January in Melbourne, featuring all the top tennis players. The Australian Open 2021 made a promise not to interfere in the Australian Open 2021 PrizeMoney.

The winner of this event is the defending champion, Novak Djokovic, while Women’s Single winner Sofia Kenin will try to reclaim a Grand Slam Trophy at last year’s event. The tournament’s organizers have announced that the Australian Open Prize money is not reduced. The Australian Open 2021 has a cumulative bursary of $50m.

In the first round of qualification, players losing $25,000 will go home, while those losing $100,000 in prize money, respectively, jumps of 25% and 11.11%. These increases can be seen throughout the major draw, except for the finalists, competitors, and semi-finalists who are significantly less paid compared to last year.