Wimbledon record prize money: Record-Breaking Prize Pool for Summer Tournament

Wimbledon record prize money: Wimbledon has declared that this summer’s players will compete for a prize pool of £50 million. The competition’s most recent iteration will take place the following month. It is scheduled to start on July 1 and last for two weeks, ending on July 14.

Carlos Alcaraz is set to defend his title from a year ago and win another Wimbledon title to go along with his earlier-this-month French Open victory. Additionally, Marketa Vondrousova hopes to recover the prize that she unexpectedly won in 2023.

In addition to prizes to be won, the All England Lawn Tennis Club has announced a record-breaking prize fund. More than £50 million is up for grabs for the first time—an 11.9% rise over the previous year.

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How much will the singles champions earn at Wimbledon in 2024?

With a record £50 million (about $64 million) in prize money up for grabs, the winners of the men’s and women’s singles categories will split £2.7 million ($3.45 million).

 

The new total is a rise of 11.9% over the previous year, and the winners this year, Carlos Alcaraz and Marketa Vondrousova, will each receive £350,000 ($450,000) more than they did last year.

The rise also applies to previous rounds of the competition; in 2024, participants eliminated in the first round will get £60,000 (more than $76,600), up from £55,000 (little more than $70,250) in the previous year.

Wimbledon record prize money

Tennis Grand Slam prize money

The Australian Open, French Open, and Wimbledon are the four Grand Slams with the highest total prize money, while the US Open is significantly less profitable.

Still, in terms of prize money awarded to singles competition winners, the Flushing Meadows tournament comes in second, with the Australian Open being the least lucrative of the four.