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Business News/ Sports / Tennis News/  Wimbledon 2023: Prize money increased to record 44.7 million pounds
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Wimbledon 2023: Prize money increased to record 44.7 million pounds

The winners and runners-up of the men's and women's singles finals will also see their prize money rising to previous levels in 2019, where they received 2.35 million pounds and 1.175 million pounds, respectively.

FILE PHOTO: Serbia's Novak Djokovic celebrates with the trophy after winning the men's singles Wimbledon 2022 final against Australia's Nick Kyrgios REUTERS/Toby Melville/File Photo (REUTERS)Premium
FILE PHOTO: Serbia's Novak Djokovic celebrates with the trophy after winning the men's singles Wimbledon 2022 final against Australia's Nick Kyrgios REUTERS/Toby Melville/File Photo (REUTERS)

The All England Lawn Tennis Club (AELTC) on 14 June said that the total prize money on offer at Wimbledon has risen to a record 44.7 million pounds ($56.52 million) for the Championships this year, an 11.2% increase in 2022, reported news agency Reuters.

According to the report, the winners and runners-up of the men's and women's singles finals will also see their prize money rising to previous levels in 2019, where they received 2.35 million pounds and 1.175 million pounds, respectively.

Earlier in 2022, the prize money for winners fell to 1.7 million pounds in 2021 before it was increased to 2 million pounds.

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Apart from this, the qualifying competition prize fund has also received a 14.5% increase in 2022, while any player losing a first-round match is assured of at least 55,000 pounds -- an increase of 10% in 2022.

"We are delighted to offer record prize money to the players competing at the Championships this year, with double-digit increases across the majority of events," said AELTC chairman Ian Hewitt.

"Our ambition with this distribution is to return the singles champions and runners-up prize money to the levels in 2019 before the (COVID-19) pandemic whilst... providing deserved support for players in the early rounds of the event."

The grasscourt Grand Slam runs from July 3-16.

With agency inputs.

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Published: 14 Jun 2023, 06:21 PM IST
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