Monday, November 25, 2024

2023 US Open will have tournament-record $65 million player compensation pool

2023 US Open will have tournament-record  million player compensation pool

The pool includes about $60 million in prize money for the players

Ons Jabeur Iga Swiatek Getty 2022 US Open
Getty Images

The total prize money and player compensation for the 2023 US Open will be $65 million, an all-time record for the tournament. That is about an 8% increase from the $60 million from last year.

In 1973, the US Open became the first of the four Grand Slams tournaments to offer the same purse for men and women at $25,000 per champion. This year, the tournament is celebrating 50 years of equal prize money. The competition is taking place Aug. 28 through Sept. 10 in New York.

The total prize money for this year includes $3 million that will be awarded to the men’s and women’s singles champions, which is still not as high as the $3.9 million each winner received in 2019. However, it is an increase from last year when Carlos Alcaraz and Iga Swiatek took home $2.6 million for winning their respective singles competitions. 

All competitors will see an increase in per diem that includes $1,000 travel vouchers. They are also getting an additional hotel room, or receiving $600 per day if they player choose a different accommodation. All players will see their meal allowance increase and get racquet stringing.

According to the Associated Press, the prize money based on results at the U.S. Open is the most at any Grand Slam tournament this year at about $60 million — subtracting things such as the allowances and travel vouchers. The AP reported Wimbledon offered about $56.5 million in prizes, the French Open about $54 million and the Australian Open about $53 million.

Here is the full player compensation breakdown for the 2023 US Open as shown in the official press release:

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 (per 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

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