The first Grand Slam of the 2024 season, Australian Open 2024 is all set to conclude on February 21 in Melbourne with finals. The event some of the top tennis players. Australian Open 2024 director announced that there will not cut in Australian Open 2024 prize money.
Defending champion Novak Djokovic would look to regain the title while last year’s Women’s Single winner Sofia Kenin will aim for another Grand Slam trophy at the event.
The organisers of the tournament have announced that they are not reducing the Australian Open prize money. The total purse of the Australian Open 2024 is A$80,000,000 which is increased by 12.7%.
Australian Open 2024 Prize Money
The Australian Open total prize money has been increased to a record of A$80,000,000.
| STAGE | SINGLES EVENTS | DOUBGLES EVENTS | MIXED DOUBLES |
|---|---|---|---|
| WINNERS | A$2,750,000 | A$600,000 | A$150,000 |
| RUNNERS-UP | A$1,500,000 | A$340,000 | A$85,000 |
| SEMIFINALIST | A$850,000 | A$200,000 | A$45,000 |
| QUARTERFINALIST | A$525,000 | A$110,000 | A$24,000 |
| ROUND 4 | A$320,000 | A$65,000 | A$12,000 |
| ROUND 3 | A$215,000 | A$45,000 | A$6,250 |
| ROUND 2 | A$150,000 | A$30,000 | N/A |
| Round 1 | A$100,000 | N/A | N/A |
| Qualifying Round 3 | A$52,500 | N/A | N/A |
| Qualifying Round 2 | A$35,000 | N/A | N/A |
| Qualifying Round 1 | A$25,000 | N/A | N/A |
The winner of single will pocket around $2,853,100 while the runner-up to receive $1,430,012.
The semifinalists’ players are getting around $720,200 and the quarterfinalists to receive $363,562 USD.
The winner of doubles will take home $526,300 while the runners-up to earn $263,150 (A$380,000).
In 2024, Australian Open witness the rise of 13.6% in the prize money. The winner’s payouts also increase while the players losing in the qualifying round has seen the increment of up to 33 per cent.
Due to Covid-19, the United States Tennis Association (USTA) recently reduced the US Open prize money for 2024 season to $53.4 million from the $57 million.
So this is the complete breakdown of Australian Open 2024 prize money. You may little variation in the amount of money from Australian dollars to USD and GBP due to currency exchange rate.