Australian Open increases prize money for 2020 tournament

Posted December 24, 2019 6:00 am

The Associated Press

MELBOURNE, Australia (AP) - The Australian Open says prize money for the first Grand Slam tennis tournament of next year will be increased by 13.6% to 71 million Australian dollars ($49.1 million).

Tournament organizers said in a statement Tuesday that the women's and men's singles winners will each receive A$4.12 million, or US$2.85 million based on current exchange rates.

Prize money has increased 61.4% at the Australian Open over the last five years, generally in keeping with prize money increases at the other Grand Slam tournaments- the French Open, Wimbledon and the U,S. Open, where this year's championship at Flushing Meadows paid $57 million in prize money and $3.85 million to the singles winners.

The Australian Open runs from Jan. 20 to Feb. 2 at Melbourne Park.

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More AP Tennis: https://www.apnews.com/apf-Tennis and https://twitter.com/AP_Sports

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