Novak Djokovic (Photo by AELTC/Simon Bruty-Pool/Getty Images)
Wimbledon on Thursday announced a record prize money for this year’s edition of tennis’ oldest Grand Slam tournament, with the two singles champions each taking home £2 million ($2.5 million, $2.3 million euro).
The total price of £40.35m represents an 11.1 per cent increase on last year’s Championships, where capacity at the south-west London venue was reduced due to Covid reasons.
It is also 5.4% more than what was offered to competitors during the last “regular” edition of Wimbledon in 2019.
There had been speculation that the removal of ranking points by the ATP (men) and WTA (women) tours, following Wimbledon’s controversial decision to ban Russian and Belarusian players following the Russian invasion of Ukraine, could lead to a reduction in the price.
But with capacity crowds expected and games scheduled on the middle Sunday for the first time, organizers have increased the overall total.
Players beaten in the first round of singles will still win £50,000 while finalists in the final will each win over £1million.
Former world number one Naomi Osaka has threatened to pull out of Wimbledon this year due to the decision to strip the tournament of ranking points, but has yet to confirm whether she will indeed miss the last of the four major tennis tournaments still played on grass.
Ian Hewitt, chairman of Wimbledon organizers the All England Lawn Tennis and Croquet Club (AELTC), said: “From the first round of qualifying competition to the crowning of champions, this year’s prize distribution aims to reflect how players matter at the Championships as we seek to continue to deliver one of the greatest sporting events in the world.”
This year’s Wimbledon begins on June 27, with Novak Djokovic set to defend his men’s singles title, but no defending women’s champion will take part following the retirement of Australian Ashleigh Barty in March.