U.S. Open to hit new $50 million record prize money

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United States Tennis Association (USTA) have announced that the prize money at this year’s US Open will be more than $50 million.

According to the statement of United States Tennis Association president Katrina Adams, the tournament purse had been increased by nine percent or $4 million, making the total pot to $50.4 million.

“Five years ago, we committed to the players that total player compensation for players would reach $50 million at the US Open, and we are honoring that commitment. In addition to unprecedented prize money increases, players also will see a host of new amenities at this year’s tournament including upgrades to player dining, a more generous meal allowance, upgrades to all player workout facilities, and additional quiet room space. Our goal is to make every experience at the US Open, whether for the players, our fans, or our partners, the best, world-class experience possible.” USTA president Adams said in a statement.

Meaning the lucky winners of the men’s and women’s singles will each earn $3.7 million, while runners-up will pocket $1.825 million from the $50.4 million total pot. In addition, the prize money for each round would increase by an average of 7.5 percent compared to 2016.

The men’s and women’s doubles champion teams will each earn $675 000, also the highest in US Open history.

Moreover, the qualifying tournament will offer more than $2.9 million in prize money, a 49.2 percent increase over last year.

The US Open will start from August 28 to September 10 at the Billie Jean King National Tennis Centre at Flushing Meadows, New York.

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PHOTO CREDIT: Reuters

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