HomeNewsBusinessTennisFrance

French Open places emphasis on early-round losers with prize money increase

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.