The Australian Open culminates this weekend with the two singles champions set to be crowned at Melbourne Park. The female winner will be handed the Daphne Akhurst Memorial Cup while the Norman Brookes Challenge Cup will go to the men’s champion.
In 2024, it was Aryna Sabalenka and Jannik Sinner who left Australia as the two champions.
Sabalenka retained her title from 2024, while Sinner landed his first Grand Slam win, before going on to also prevail at the US Open later in the year.
Both stars earned more than £1.6million for their successes, but the prize fund has been increased this time around. It follows tournament organisers announcing the overall prize pot was being increased to £49m, an 11.56 per cent increase on last year.
Whoever wins the finals this weekend will be handed just short of £1.8m, an 11.11 per cent rise on 2024. The two runners-up will have the consolation of a cheque for £966,000.
But it’s not just the individual events that conclude this weekend. The men’s and ladies doubles finals also take place, with the winning pairings set to receive £405,660.
The mixed doubles isn’t quite so lucrative, with victory worth £87,643. And the figures signify a staggering rise over the last 25 years, with the overall prize fund in 2001 a mere £7m.
The subject of prize money down under hit the headlines last week following a heartwarming gesture from American player Taylor Fritz. The American went out in the third round after losing to Gael Monfils.
But he pledged to donate £67k, the prize for winning his first-round march, to help the Los Angeles fire relief efforts. And he appeared to urge his fellow professionals to follow suit.
“It’s really the least I could do,” he said. “Southern California’s my home and LA was my home for a very long time so I’m just doing what I can do to help. I would encourage anyone else who can donate to help too because a lot of people really need help.”
Daniil Medvedev however, was forced to hand his winnings over for very different reasons. After his second-round defeat to American Learner Tien, he was hit with a £54,000 fine for unsportsmanlike conduct.
The Australian Open is one of the most prestigious tennis tournaments in the world, attracting top players from around the globe to compete for the coveted title. But aside from the glory of winning, one of the biggest draws for players is the prize money.
So, how much do the winners of the Australian Open final earn? In 2021, the winners of the men’s and women’s singles finals took home a whopping $2.75 million each. That’s a significant increase from previous years, demonstrating the tournament’s commitment to rewarding its champions.
In addition to the prize money, winners also receive a prestigious trophy and the satisfaction of knowing they have triumphed over some of the best players in the world. It’s no wonder that the Australian Open continues to be a favorite among both players and fans.
So, if you’re a tennis fan or just curious about the financial rewards of winning a Grand Slam tournament, keep an eye on the Australian Open final and see who walks away with the big prize.
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