- The 2023 US Open tournament has increased its prize money by 8% to $65 million
- Winner of the men’s and women’s singles in this Grand Slam will each receive $3 million in prize money
- Each player will also receive a larger food allotment and free racquet stringing
The 2023 US Open tournament has increased its prize money by 8% to $65 million down from $60 million in 2022.
The winner of the men’s and women’s singles in this Grand Slam will each receive $3 million in prize money, which is still less than the $3.9 million each winner won in 2019.
However, it is an improvement over the $2.6 million that Carlos Alcaraz and Iga Swiatek earned for winning the men’s and women’s singles at the 2022 US Open.
The per diem for all participants will rise and now include $1,000 in travel credits. Additionally, they will receive a second hotel room or $600 daily if they select another lodging option.
Each player will receive a larger food allotment and free racquet stringing. The increase in the prize money follows a better economy which took a hit in 2020 following the Covid-19 pandemic.
Novak Djokovic. Photo/The Week
Most Grand Slams had to cut down on the prize money in 2021 and increased it slightly in 2022 as things slowly returned to normal.
The US Open has a rich history of equality for its female and male players as far as prize money is concerned.
In fact, the Flushing Meadows tournament’s prize money, after deducting items like allowances and travel vouchers, is the highest of any Grand Slam tournament this year.
According to the Associated Press, prizes at Wimbledon were valued at around $56.5 million, $54 million at the French Open, and $53 million at the Australian Open.
Yet, the US Open has it all capped at $65 million this year. This is the complete breakdown of the main draw player salary for the 2023 US Open and also that for the main draw doubles players.
Main Draw Singles
- Champion: $3,000,000
- Runner-Up: $1,500,000
- Semifinalists: $775,000
- Quarterfinalists: $455,000
- Round of 16: $284,000
- Round of 32: $191,000
- Round of 64: $123,000
- Round of 128: $81,500
Main Draw Doubles (For every team)
- Champions: $700,000
- Runners-Up: $350,000
- Semifinalists: $180,000
- Quarterfinalists: $100,000
- Round of 16: $58,000
- Round of 32: $36,800
- Round of 64: $22,000
Meanwhile, the US Open is considered one of the most prestigious tennis tournaments in the world which is why winning this Grand Slam tournament is a major accomplishment for any player.
World No. 1 Iga Swiatek defeated Laura Siegemund in just 68 minutes to win the Poland Open title. Photo/ Tennis World USA.
One of the reasons why it is popular is that it is the oldest of the four Grand Slam tournaments, having been first held in 1881.
Secondly, it is the only Grand Slam tournament that is played on hard courts, which is the most common surface used in professional tennis. This means that the best players in the world are all well-prepared for the conditions at the US Open.
Third, the US Open is held in New York City, one of the most iconic cities in the world. The tournament is played at the Billie Jean King National Tennis Center, which is a state-of-the-art facility with a capacity of over 23,000 spectators.
Lastly, the prize money at the US Open is the highest of any Grand Slam tournament. This means that the players are competing for a significant financial reward.
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