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Wednesday, 11 January 2017

{*Reveal*} Australian Open 2017 Prize Money $50 million

Australian Open 2017 Prize Money : Australian Open 2017 prize money lifts to record $36 million. Australian Open prize money 2017 is set to hit the $50 million mark.Tennis lovers from across the world are awaiting the commencement of the Australian Open 2017 with bated breath. The tournament, which gets underway on the 16th of January, and finishes on the 29th, will see some of the greatest male and female tennis players of all time battling it out for the coveted prize.

Australian Open Tennis 2017 Prize Money

Tennis players not only stand the chance of grabbing a lot of silverware, ATP/WTA Championship Point and notching up prestige and popularity in general, but also stand to gain a significant amount of prize money. With the ever-increasing profile of the tournament, the prize money on offer has only risen, and along with it has increased the thirst and desire of players to make it big on tennis’s most magnificent stage.

Australian Open Prize Money 2017 in US Dollars

The 2017 tournament will continue to see an increase in prize money, with a 14% increase planned. The total prize money for the entire competition will be $50 million in 2017, compared to $44 million last year. The US Open was the most high-paying Grand Slam in 2016, with $45 million being dished out overall. It remains to be seen whether a prize money hike occurs in the US Open also.

Australian Open 2017 Prize Money Breakdown

Aussie star Thanasi “Kokk” Kokkinakis welcomed the rise in prize money, claiming that tennis is a highly challenging sport where it is often difficult for relatively lower ranked players to make a comfortable living out of the sport. With rankings fluctuating, those who are outside the top 50 often face financial hardships.

Australian Open 2017 Prize Money Increase up to 14% {$50 Million}

The increase in prize money will benefit those winning singles qualifying matches the most-those doing so in 2017 will earn double the amount they did in 2016.

The prize money being won by participants at the Australian Open 2017 can be represented tabular as:

Australian Open 2017 Prize Money Chart

NOTE: All figures are in Australian Dollars, and m=millions.

Australian Open 2017 Prize Money Chart

Australian Open Tennis Prize Money Breakdown 2017

Thus, as is quite obvious from the above table, there is complete gender parity in the doling out of prize money, with the winners of Doubles Tournaments receiving less than those participating in Singles. Nevertheless, there is still quite a significant amount of incentive in participating in even the Mixed Doubles Matches, for players can still make up to $150,500 there. Australian Open Tennis Championship Prize Money With increased prize money further spurring on players to achieve greatness, one can expect mouth-watering tennis clashes to delight tennis fans, between the 16th and the 29th of January.
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