Watch : Australian Open 2017 Live Stream
The prize money has been awarded in the men’s and women’s singles tournament is distributed equally. The total prize in the 2015 is $40,000,00. In the 2011 the director is announced to increase the prize money of the tournament. It is the highest prize money for any tennis tournament. The prize money is increased to 40 million dollars from 2015 onwards.
The Australian open have a most prize money out of the 4 grand slams. In the next year of the grand slam Australian open become a number 1 tennis tournament and also become the number 1 grand slam and tops the 50 million dollar prize money in 2017. The Australian open officials look to reward the maximum amount of for the growth of the tournament and the prize money. Officials want to increase the prize money and people congregate in the Melbourne park and watch the Australian open on the very first day.
Australian Open 2017 Predictions
The Australian open has increased the 2015 prize money of 40 million US dollars to the 2016 prize money of 44 million US dollars, whopping to increase an 10%. The director Craig Tiley said that we are not ready to talk about that such things to publicity yet and we are still doing bit works to do in terms of our planning for the next year. They are looking to make the Australian as successful as possible financially. Prize money is important because the prize money is helping to attract the best young athletes in tennis. They have the professional global competition and they want to give the compensation that goes well beyond the top players.
Last year the US open and Wimbledon has also increased their prize money. There are race between all the 4 Grand slams who will pay the highest prize money for the tennis player.
Australian open winner men and women will take the 3.4 million US dollars as an prize money. Since the 2005 the Australian open has increased the 25 million US dollars, which means 2.5 million dollars in each 10 years has been passed since the 2005. Every player which comes to play the Australian open which qualify for the qualifiers will get the 2500 dollars as a voucher with the free accommodation, and foot on the site.
Australian Open 2017 Prize Money Breakdown:
Australian Open 2017 SINGLES Prize Money
Fourth round $193,000
Third round $108,000
Second round $67,000
First round $38,500
Total singles $31.96m
Australian Open 2017 DOUBLES Prize Money
Third round $43,000
Second round $25,500
First round $16,500
Total doubles $5.72m1