Home Sports news 22% drop in US Open prize money for singles champions

22% drop in US Open prize money for singles champions

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The U.S. Open ladies’s and males’s singles champions will every earn $Three million, down $850,000 — or 22% — from the highest prizes on the Grand Slam tennis event final yr.

Despite a loss in income from holding its marquee occasion with out spectators amid the coronavirus pandemic, the U.S. Tennis Association introduced Wednesday that its total compensation to gamers at this yr’s U.S. Open will probably be $53.four million — which is 93.3% of the roughly $57.2 million awarded in 2019.

The U.S. Open ladies’s and males’s singles champions will every earn $Three million, down $850,000 — or 22% — from the highest prizes on the Grand Slam tennis event final yr, a part of a lower of practically $four million in whole participant compensation in 2020.

Defending U.S. Open champion Rafael Nadal mentioned Tuesday he didn’t wish to journey throughout the pandemic and wouldn’t be getting into the event. Also out of the sphere: Ash Barty, the No. 1-ranked lady.

The U.S. Open is ready to begin in New York on Aug. 31, as initially scheduled, one thing uncommon in the world of sports activities this yr. Professional tennis was suspended in March due to the pandemic, leaving many gamers, coaches and others with no common revenue.

The ladies’s tour resumed this week in Palermo, Italy. The males’s tour will decide up later this month.

First-round singles prize money on the U.S. Open goes up 5%, from $58,000 to $61,000, the one stage the place there’s a soar. Paychecks for gamers who attain the second spherical ($100,000) or third spherical ($163,000) will stay the identical.

The prizes then lower in every spherical of singles: from $280,000 to $250,000 in the fourth, from $500,000 to $425,000 in the quarterfinals, from $960,000 to $800,000 in the semifinals, and from $1.9 million to $1.5 million for the runner-up.

In doubles, the reduce is deeper: The ladies’s and males’s championship pairings will break up $400,000, a drop of 46% from final yr’s $740,000.

This yr’s whole contains $1 million given to a beforehand introduced participant aid program collectively funded by the 4 Grand Slam tournaments, the International Tennis Federation and the ATP and WTA excursions — to assist with the monetary results of the COVID-19 pandemic — together with $6.6 million to make up for the USTA’s cancellation of its qualifying occasions and a discount in dimension of the doubles fields.

USTA chief government Mike Dowse mentioned the event’s participant compensation this yr “represents a commitment to supporting players and their financial well-being during an unprecedented time.”

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