Wimbledon follows grand slam trend with prize money increase

The All England Club, organiser of the Wimbledon Championships, has revealed that total prize money for this year’s tournament will increase to £28.1m (€36.3m/$41m), in a move that continues an ongoing upward financial trend across the four grand slam tennis events.

According to Omnisport, this year’s event will offer £1.35m more in prize money than the £26.75m awarded at last year’s competition, which was the most lucrative of the grand slam events prior to increases at both the US Open and French Open.

Winners of the single contest at Wimbledon this summer will each receive an increased prize of £2m, with only the US Open grand slam event offering more prize money in singles competitions. Players who lose in the first round will also each receive £30,000 in prize money.

Earlier this month, the French Tennis Federation announced a 14-per-cent rise on prize money, which this year will amount to €28m. Last year, the US Open offered $42.3m in prize funds, an increase of 10.5 per cent on 2014 and the first Grand Slam to surpass the $40m mark.

This year’s Australian Open, which ran from January 18-31 in Melbourne, had a total prize purse of A$44m (€30.1m/US$34.1m) on offer, up 10 per cent on the previous year.

Meanwhile, the All England Club confirmed new design plans for Court Number One at the All England Lawn Tennis and Croquet Club have been finalised for a completion target of 2019. The plans set out designs for a fixed and retractable roof to be in place in time for the 2019 tournament.

This year's Wimbledon Championships will run from June 27 to July 10.