Wimbledon prize money increased to record £44.7 million

Wimbledon prize money increased to record £44.7 million post thumbnail image

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, a 11.2 percent increase on 2022, the All England Lawn Tennis Club (AELTC) said on Wednesday.

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.

The prize money for winners fell to 1.7 million pounds in 2021 before it was increased to 2 million pounds last year.

The qualifying competition prize fund has also received a 14.5 percent increase on last year while any player losing a first-round match is assured of at least 55,000 pounds — an increase of 10 percent on 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,”

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

Said AELTC chairman Ian Hewitt.

The grasscourt Grand Slam runs from July 3-16.

Source: Reuters

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