Organisers of the French Open have announced that total prize money for this year’s edition of the grand slam tennis tournament will increase by 12 per cent to around €36m ($39.2m).
The most significant prize money changes have been made to the tournament’s early stages, with first-round losers at this year’s singles event to receive €35,000 – up 16 per cent on 2016.
Prize money for singles players who exit at the second-round, third-round, fourth-round and quarter-final stages has also increased by between 15 and 17 per cent. Quarter-final losers will now receive €340,000, while beaten semi-finalists and finalists will receive €530,000 and €1.06m, respectively.
The winners of the singles competitions will this year receive €2.1m – a €100,000 increase on last year’s tournament.
In December, the Australian Open grand slam increased its total prize money to A$50m (€34.3m/$37.4m) for its 2017 edition, which took place in January.
Last July, the US Open bolstered its position as the most lucrative of the four grand slams by announcing a 10-per-cent increase to $46.3m for its 2016 edition.
The All England Club, organiser of the Wimbledon Championships, awarded total prize money of £28.1m (€33.2m/$36.2m) for its 2016 tournament.
This year’s French Open will run from May 28 to June 11. Novak Djokovic and Garbine Muguruza are the defending singles champions.