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Monday, November 18, 2024

This Year’s Wimbledon Will Set A Record for Prize Money

  • Singles winners to get $3 million each, matching 2019 levels
  • Overall boosts mark recovery for venerable tournament from pandemic
Peter van den Berg-USA TODAY Sports

Tennis’ oldest Grand Slam championship is getting a big boost in prize money.

The All England Club said the total prize pool for 2023’s Wimbledon will rise by 11% from a year ago to a tournament record level of $56.5 million. Singles winners will get $3 million each, up from $2.5 million a year ago and matching the 2019 level, while those losing in the first round of the singles tournament will get $69,500 each, up by 10% from 2022.

The total Wimbledon prize pool, up by 17.6% compared to 2019, marks a strong resurgence from the pandemic, which led to the cancellation of the 2020 tournament and reduced prizes in 2021.

Other segments of the 2023 tournament such as doubles and mixed doubles also will feature double-digit percentage increases in prize money. The event is set for July 3-16.

“Our ambition with this distribution is to return the singles champions and runners-up prize money to the levels in 2019 while … providing deserved support in the early rounds of the event,” said Ian Hewitt, All England Club’s chairman.

Wimbledon’s prize pool now compares more favorably to other tennis Grand Slams. The 2023 French Open awarded a total of $54.6 million, while the 2023 Australian Open gave out $52.8 million. Last year’s US Open featured a prize pool of $60.1 million.

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