Wimbledon prize money increased to record 44.7 million pounds | Inquirer Sports

Wimbledon prize money increased to record 44.7 million pounds

/ 04:31 PM June 15, 2023

Wimbledon grand slam trophy

FILE PHOTO: Tennis – Wimbledon – All England Lawn Tennis and Croquet Club, London, Britain – July 11, 2021 Close up of the Wimbledon men’s trophy after Serbia’s Novak Djokovic wins the final against Italy’s Matteo Berrettini Pool via REUTERS/Steven Paston/File Photo

LONDON —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% 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.

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

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

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“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.”

The grasscourt Grand Slam runs from July 3-16.

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