Wimbledon prize money increased to record US$56.5 million

LONDON : The total prize money on offer at Wimbledon has risen to a record £44.7 million (US$56.52 million) for the Championships this year, an 11.2 per cent increase on 2022, the All England Lawn Tennis Club (AELTC) said on Wednesday (Jun 14).

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 and £1.175 million, respectively.

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

The qualifying competition prize fund has also received a 14.5 per cent increase from last year while any player losing a first-round match is assured of at least £55,000 - an increase of 10 per cent 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.

"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 Jul 3 to Jul 16.