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Wimbledon announces record 20% rise in prize money
🇸🇬 Singapore /Sports

Wimbledon announces record 20% rise in prize money

From CNA · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Wimbledon announced a record £64.2 million prize money pool for this year's championships, a 20% increase.
  • This marks the largest annual rise in the tournament's history, responding to player demands for greater revenue share.
  • Singles champions will receive £3.6 million, with significant increases across all rounds, including first-round losers earning £80,000.

Wimbledon organizers have unveiled a record prize money pot of £64.2 million for the upcoming championships, signaling a substantial 20% increase from last year. This significant boost represents the largest single-year jump in the tournament's history.

The move comes amid escalating pressure from players who have been vocal about seeking a larger share of Grand Slam revenues. Recent events, such as player actions at the French Open, including restricted media appearances and boycott threats, underscore the growing tension between players and tournament organizers regarding financial distribution.

This announcement recognises the success of The Championships, and that we operate a sustainable programme that allows us not only to increase prize money, but also to invest in facilities, the grass court season and support British and international tennis.

— Debbie JevansExplaining the rationale behind the record prize money increase and its connection to the tournament's overall health and investment strategy.

All England Club chairman Debbie Jevans stated that the prize money increase would benefit players across every round. Singles champions are set to earn £3.6 million, a 20% rise, while runners-up will take home £1.8 million. Even first-round losers will see their earnings increase to £80,000 from £66,000 last year. Additionally, the prize money for the qualifying draw has been raised by 25% to £6.2 million.

Jevans emphasized that the increased prize money reflects Wimbledon's financial success and its commitment to a sustainable program. She added that the tournament not only allows for higher payouts but also supports investments in facilities, the grass-court season, and the development of British and international tennis. "We are clear that as Wimbledon grows, the players will continue to share in that success," Jevans affirmed.

We are clear that as Wimbledon grows, the players will continue to share in that success.

— Debbie JevansReassuring players that their financial contributions and success are recognized and will be rewarded as the tournament continues to thrive.
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Originally published by CNA. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.