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ATP increases prize money by 10% annually

The ATP (Association of Tennis Professionals) has significantly increased prize money by an average of 10 per cent annually over the next five years across ATP World Tour 500 tournaments.

The total prize money across the ATP World Tour 500 category will increase from $17.6 million in 2013 to $30.8 million in 2018. The Aegon Championships at Queen’s Club, London, as well as the Gerry Weber Open in Halle, Germany, will also be re-categorised as ATP World Tour 500 events from 2015.

Queen’s and Halle will join Rotterdam, Dubai, Rio de Janeiro, Acapulco, Barcelona, Hamburg, Washington, Tokyo, Beijing, Valencia and Basel as ATP World Tour 500 events. The 2015 calendar will also feature a three-week grass-court swing in between Roland Garros and The Championships, Wimbledon.

The player commitment for ATP World Tour 500 tournaments throughout the five-year period remains at 4 tournaments, including one after the US Open. The ATP will announce the full 2015 ATP World Tour calendar in due course.