US Open Reveals 2020 Prize Money Distribution

05 August 2020 04:21
The USTA today announced that the US Open will offer $53.4 million in total player compensation in 2020 – nearly 95 per cent of its total from 2019 – with $7.6 million dedicated toward player relief from the COVID-19 pandemic. The USTA, ATP and WTA Tours worked collaboratively to build a payment structure for the 2020 US Open that would feature critical financial balance and support for players. First-round prize money for men’s and women’s singles increased by 5 per cent over 2019 ($61,000 from $58,000), while second and third-round singles prize money was unchanged. Doubles prize money for the rounds of 32, 16 and the quarter-finals also remained the same as 2019. Both the men’s and women’s singles champion will earn $3 million. 2020 US Open Prize Money  Round  Singles  Doubles (per team)  Winner  $3,000,000  $400,000  Runner-up  $1,500,000  $240,000  Semi-finalist   $800,000  $130,000 Quarter-finalist  $425,000  $91,000  Round of 16  $250,000  $50,000  Round of 32  $163,000  $30,000   Round of 64   $100,000  xxxxx  Round of 128  $61,000  xxxxx The USTA will also provide $6.6 million in additional relief grants and subsidies due to the decision to not hold qualifying and the reduction of the doubles draws. These funds will be allocated equally to the ATP and WTA, which will then make the determination of how to distribute and/or utilise them to provide replacement playing and ranking-point opportunities. Previously in 2020, the USTA contributed $1 million to an international player relief fund. “We’re proud to be able to offer a player compensation package that maintains nearly 95 per cent of the prize pool from 2019,” said Mike Dowse, USTA Chief Executive Officer and Executive Director. “The prize money distribution for the 2020 US Open is the result of close collaboration between the USTA, WTA and ATP, and represents a commitment to supporting players and their financial well-being during an unprecedented time.” Due to the COVID-19 pandemic, the Western & Southern Open will also be held at the USTA Billie Jean King National Tennis Center this year. The main draw of the ATP Masters 1000 begins on 22 Augustreadfullarticle

Source: Atpworldtour