SportBusiness.com

Australian Open prize pot grows to $21.4m

The organisers of the Australian Open tennis tournament have increased its prize money by 4.1 per cent.

The Associated Press reports that the men’s and women’s champions will each receive $1.86 million.

The Australian Open has offered equal prize money for men’s and women’s winners since 2001. Then, the total prize purse was $7.5 million, and winners received $450,000.