PRIZE MONEY. Australian Open hits a new record

Prize money for the Australian Open has increased by more than 321% in the last 20 years. The male and female champions will each receive Aus$2.975 million, with earlier-round losers faring better than ever. Novak Djokovic, Rafael Nadal and Carlos Alcaraz are the favorites to win.

Australian Open

On January 16, the Australian Open begins at Melbourne Park. Novak Djokovic, Rafael Nadal and Carlos Alcaraz are the favorites to win the first slam of the year and they have great chances to improve their net worth with the new prize money.

At the first Grand Slam of the year, the male and female champions will each receive Aus$2.975 million, with earlier-round losers faring better than ever.

Round one goers will get a boost of 3.2 percent to Aus$106,250, while second-round participants will receive an increase of the same amount to Aus$158,850. The prize money for the entire Australian summer of tennis, which includes Grand Slam qualifiers like the United Cup, will surpass $100 million Australian dollars for the first time, according to tournament director Craig Tiley.

In the last 20 years, the prize money for the Australian Open has climbed by more than 321%, or by Aus$58.32 million, from Aus$18.18 million.

Prize Money

This is the breakdown.

Singles

Winner $ 2,975,000
Runner-up $ 1,625,000
Semi-Finalists $ 925,000
Quarter-Finalists $ 555,250
Round of 16 $ 338,250
Round of 32 $ 227,925
Round of 64 $ 158,850
First Round $ 106,250

QUALIFYING SINGLES

Round of 32 $ 55,150
Round of 64 $ 36,575
First Round $ 26 000

DOUBLES

Winner $ 695,000
Runner-up $ 370,000
Semi-Finalists $ 210,000
Quarter-Finalists $ 116,500
Round of 16 $ 67,250
Round of 32 $ 46,500
First Round $ 30,975

MIXED DOUBLES

Per team – 32 draw

Winner $ 157,750
Runner-up $ 89,450
Semi-Finalists $ 47,500
Quarter-Finalists $ 25,250
Round of 16 $ 12,650

 

 

Novak Djokovic in 2022

Novak Djokovic

11 - 4win/loss

Hard
8-3
Clay
3-1
36 year old
LWWWLWLWWW
2024 Highlights

Now ranked no.5, the Serbian played his last match on the 20th of November when he defeated world no.3 Casper Ruud 7-5 6-3 in the final in the Nitto ATP Finals to win his 0th challenger.

At present, during this year Djokovic has achieved a compiled 42-7 match record. Novak clinched 5 titles in 2022 in Rome, Wimbledon, Tel Aviv, Astana and the Nitto ATP Finals. Novak was the runner-up in Belgrade and Paris.

He is also scheduled to play in Australian Open (Australian Open) after Adelaide. The main draw will start on the 1st of January.

Djokovic
the Nitto ATP Finals
Djokovic's Record
 

Rafael Nadal in 2022

Rafael Nadal

6 - 3win/loss

Hard
2-1
Clay
4-2
37 year old
LWWWLWLWW
2024 Highlights

At the moment ranked no.2, the Spaniard played his last match on the 17th of November when he overcame world no.3 Casper Ruud 7-5 7-5 in the round robin in the Nitto ATP Finals (draw).

Until now, during this year the Spaniard has an overall 39-8 match record. Nadal has won 4 titles in 2022 in Melbourne, Australian Open, Acapulco and French Open. Nadal got to the final in Indian Wells.

Nadal is scheduled to compete next in Australian Open (Australian Open). He will start the tournament from the main draw that will commence on the 16th of January.

Nadal
the Nitto ATP Finals
Nadal's Record

Novak Djokovic and Rafael Nadal played each other 59 times. Their head to head is 30-29 for Djokovic. Previously, the last time they played, Rafael Nadal won 6-2 4-6 6-2 7-6(4) in the quarter in Paris (French Open) on the 31st of May 2022.

In the video below you can watch the highlights.

Carlos Alcaraz in 2022

Carlos Alcaraz

18 - 5win/loss

Hard
13-2
Clay
5-3
20 year old
LWWWLWWWWW
2024 Highlights

Now ranked no.1, Alcaraz played his last match on the 4th of November when he had to retire when playing against world no.11 Holger Rune in the quarter and the scoreline was 6-3 6-6 .

At present, during this year Alcaraz has a 57-13 win-loss record. Carlos conquered 5 titles in 2022 in Rio de Janeiro, Miami, Barcelona, Madrid and U.S. Open. Alcaraz was the runner-up in Hamburg and in Umag.

Alcaraz
Paris
Alcaraz's Record