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Australian Open announces AUD 76.5 million prize money pool, up 3.4 percent from 2022
The total prize money pool for the entire Australian Summer of Tennis will exceed AUD 100 million for the first time in 2023
Tennis Australia announced on Thursday that the prize money pool for the 2023 Australian Open will be AUD 76.5 million, a 3.4 percent increase from the 2022 edition.
Singles champions at the Australian Open will walk away with a prize money cheque of AUD 2,975,000 while the runner-up will earn AUD 1,625,000.
First round losers in the main draw will earn AUD 106,250, which is up 3.2 percent for the same stage in 2022, while first round first round qualifiers will earn $26,000, up 3 percent from last year.
With this, the total prize money on offer during the Australian summer of tennis will top AUD 100 million.
“At the Australian Open we’ve upped prize money for every round from qualifying, through to the finals, with the major increases in the early rounds, where these substantial rewards help players invest in their own careers and in many cases, set themselves up for success throughout the year,” Australian Open Tournament Director Craig Tiley said.
The Australian Open begins on January 16, 2023 in Melbourne with the men’s final being slated for January 29, 2023.