Record A$50 million prize purse for 2017 Australian Open

The prize money for the season's opening grand slam has more than tripled since 2001, and risen A$10 million since 2014.

By: Reuters | Published: December 21, 2016 5:39 pm
Australian Open, Aus Open, Australian Open 2017, Aus Open prize money, Australia Open money, Aus Open men winner prize money, Aus Open women winner prize money, tennis news, sports news Prize money awarded to first round losers has been increased for the 2017 Grand Slam. (Source: AP File)

The Australian Open has increased its total prize purse by 14 percent to a record A$50 million ($36.19 million), with A$3.7 million up for grabs for the winners of the singles tournaments, organisers said on Wednesday.

The prize money for the season’s opening grand slam has more than tripled since 2001, and risen A$10 million since 2014.

Tournament director Craig Tiley said in a statement that organisers were focused on increasing compensation for players in the early rounds and qualifying, with first round losers set for an A$50,000 windfall, up 30 percent from last year.

Similarly, second round prize money has risen 29 percent to A$80,000, with third and fourth round losers to earn A$130,000 and $220,000 respectively. Total prize money for the quarter-finals, semi-finals, runners up and winner is up 9 percent.

The Australian Open starts on January 16 in Melbourne.

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