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>> NOVAK DJOKOVIC Latest News

OCT 02, 2013 - Tennis magazine

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Australian Open announces increase in prize money

Melbourne, Australia (AP)—The Australian Open is increasing its prize money by $3 million to bring overall player compensation to $31 million next year. In keeping with player demands to see a larger slice of Grand Slam revenues, all four of the sport's Grand Slam tournaments have greatly increased their prize money in the past two years. Wimbledon now offers about $36.5 million, while the U.S. Open increased its purse to $34.3 million and the French Open went up to $29.7 million. Australian Open organizers did not break down the prize money awarded per round at their launch ... Read More

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