The 2024 US Open Has the Biggest Prize Pool in Tennis History — Here's How Much Money the Winners Will Make

The 2024 US Open has officially begun, and the world’s best tennis players will be competing for this year’s final Grand Slam title in New York.

This year’s tournament is marked by increased excitement, not only because of the fierce competition, but also because of the record prize money: the US Open 2024 boasts a prize money of a staggering $75 million, an increase of $10 million compared to 2023.

As players battle it out on the courts, they compete not just for prestige, but for a share of the largest prize pool in tennis history, and the financial stakes have never been higher. According to Statista, the prize pool for the 2024 US Open has increased by 15% compared to the 2023 total.

While defending champions Novak Djokovic and Coco Gauff failed to reach the finals this year, other athletes — including Jessica Pegula and Aryna Sabalenko — set their sights on the top prize. But how much will the winners and other participants take home from this year’s historic event? Here’s everything you need to know about how much US Open winners and runners-up take home in prize money.

The best moments from the US Open Tennis Championships over the years

How much will the 2024 US Open winner earn?

Coco Gauff after winning the 2024 US Open.

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For the 51st year, the US Open will continue its tradition of equal pay for men and women in 2024. The men’s and women’s singles winners will each earn $3.6 million, double the amount awarded to the runners-up, who will each receive $1. 8 million dollars. .

How much will the other participants of the US Open 2024 earn?

Alexander Zverev during the men’s singles fourth round match at the 2023 US Open.

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The prize money is far greater than the individual event winners. Even those who only make it to the first round of the main draw will pocket six figures. Here’s a breakdown of individual player earnings at different stages of the 2024 US Open:

• First round: $100,000
• Second round: $140,000
• Third round: $215,000
• Round of 16: $325,000
• Quarterfinals: $530,000
• Semi-Finals: $1,000,000
• Runner-up: $1,800,000
• Winner: $3,600,000

Pairs teams also compete for significant prizes. The men’s and women’s doubles champions will take home $750,000 per team, while the mixed doubles champions will earn $200,000. The distribution of prizes ensures that even those who are eliminated in the earlier rounds will be financially compensated. While the champions will enjoy the lion’s share of prize money, the 2024 US Open ensures that all participants are rewarded for their efforts. Here is a breakdown of the prize money in different categories and rounds:

Pairs (per team):

• First round: $25,000
• Second round: $40,000
• Third round: $63,000
• Quarterfinals: $110,000
• Semifinals: $190,000
• Runner-up: $375,000
• Winner: $750,000

Mixed pairs (per team):

• First round: $10,000
• Round of 16: $16,500
• Quarterfinals: $27,500
• Semifinals: $50,000
• Runner-up: $100,000
• Winner: $200,000

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How much have US Open winners won in previous years?

Juan Martin Del Potro of Argentina kisses his trophy after defeating Roger Federer during the 2009 US Open final.

EMMANUEL DUNAND/AFP via Getty

The prize pool at the US Open has seen significant growth over the years. The US Open prize pool has increased dramatically and more than tripled since 2010, quintupled since 2000 and nearly 20 times since 1990, according to Statista.

In 2023, the individual champions took home $3 million each, while the runners-up received $1.5 million. This year’s increase to $3.6 million for winners and $1.8 million for runners-up represents a significant jump.

Which tennis tournament has the highest payout?

Ons Jabeur of Tunisia in action against Iga Swiatek of Poland during the 2022 US Open.

Team Clayton/Corbis via Getty

Thanks to the US Open earning $75 million in 2024, the tournament in New York currently holds the title of the highest-paying event in tennis. The other Grand Slam tournaments — Wimbledon, the French Open and the Australian Open — also offer significant prize money, but none have reached the level of the US Open this year.

Wimbledon, traditionally considered the most prestigious tournament, offers a total prize pool of around $56 million (GBP 50 million), while the French Open and Australian Open are around $50 million.

However, neither tournament has matched the 15% increase in purses of the US Open this year, cementing its current position at the top of tennis’ financial rankings.

Categories: Trends
Source: HIS Education