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US Open 2024 Offers Record Million In Prize Money

Rafael Nadal, of Spain, attends a press conference at the Italian Open tennis tournament in Rome, Wednesday, May 8, 2024.(AP Photo/Gregorio Borgia)

The US Open tennis tournament is set to offer a record total of $75 million in compensation to players this year, marking a 15% increase from the previous year. The announcement by the US Tennis Association revealed that the women's and men's singles champions will each receive $3.6 million, making it the largest purse in tennis history.

This significant rise in total compensation places the US Open ahead of other major championships in 2024. Wimbledon offered approximately $64 million in prizes, while the French Open and Australian Open were both around $58 million.

The champions' prize money has seen a 20% increase from last year, with both winners taking home $3.6 million. However, this amount remains below the pre-pandemic prize of $3.9 million awarded to each winner in 2019.

Last year's US Open saw Coco Gauff claim her first Grand Slam title, while Novak Djokovic secured his 24th Grand Slam victory, further solidifying his place in tennis history.

The main draws for singles will kick off on August 26 at the USTA Billie Jean King National Tennis Center, with the women's final scheduled for September 7 and the men's final on September 8. Prize money increases are evident in every round of the main draw and in the qualifying rounds.

Players exiting the first round of the main event for singles will receive $100,000 each, a significant increase from $81,500 in 2023 and $58,000 in 2019. In the doubles category, the champions will earn $750,000 per team, up from $700,000 last year.

Unfortunately, there will be no wheelchair competition at this year's US Open due to overlapping dates with the Paralympic Games in Paris. However, the USTA has decided to provide player grants to those who would have participated in the US Open wheelchair competition.

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