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You are here: Home / Features / 2018 US Open Offers Highest Prize Money in History of the Sport as Total Compensation Hits $53 Million

2018 US Open Offers Highest Prize Money in History of the Sport as Total Compensation Hits $53 Million

July 17, 2018 by Tennis Panorama News

2018 US OPEN OFFERS HIGHEST PURSE IN HISTORY OF THE SPORT AS TOTAL COMPENSATION HITS $53 MILLION

 

Each Singles Champion to Receive $3.8 Million Payout

 

WHITE PLAINS, N.Y., July 17, 2018 – The USTA today announced that the prize money for the 2018 US Open will be at a record high of $53 million, maintaining the US Open as the richest purse in tennis history.  Prize money at the US Open has increased by 57% since 2013.  2018 marks the 45th Anniversary of equal prize money which was the first tournament to offer equal prize money to men and women competitors in 1973.

 

Both the men’s and women’s singles champions will earn $3.8 million, the largest payout in US Open history. Similar to the past three years, the USTA is improving the payouts for the first three rounds of the tournament to drive more of the increases to the majority of the players. Both the men’s and women’s doubles champion teams will earn $700,000, the highest in US Open history. The US Open Qualifying Tournament will offer more than $3 million in prize money for the first time.

 

Round-by-round individual prize money for the US Open is as follows:

 

“2018 is a significant year in our history,” said USTA Chairman of the Board and President Katrina Adams.  “Not only is it the 50th Anniversary of the tournament, we also have completed the five- year transformation of the USTA Billie Jean King National Tennis Center.  We know that we are poised for incredible growth moving forward.” 

 

This year’s tournament marks the 50th Anniversary of the US Open.  The USTA will celebrate its history with special recognitions and celebrate the tournament’s great champions over the course of the entire event. In addition, the 2018 US Open marks the completion of the Strategic Transformation of the USTA Billie Jean King National Tennis Center with the opening of the new 14,000-seat Louis Armstrong Stadium. In all, the five-year project, which revamped more than 90 percent of the facility, will have incorporated the installation of a retractable roof over Arthur Ashe Stadium, the construction of a new Louis Armstrong Stadium (also with a retractable roof), a new Grandstand, new West Stadium and practice courts, as well as a completely renovated and redesigned southern campus.

 

The US Open is scheduled for August 27 through September 9, with the US Open Qualifying Tournament beginning on August 21. 

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Filed Under: Features, Front Page News, tennis news, tournaments Tagged With: tennis, tennis news, US Open, US Open Prize Money

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