U.S. Open Set For Major Prize Money Increase
March 20, 2013
Grand Slam tennis tournament, The U.S. Open is set to increase its annual prize money to $50 million by 2017 according to the Associated Press.
The historic tournament will also switch back to a Sunday men’s final in 2015.
The tournament also is adding an extra $4.1 million to this year’s prize pool, on top of a $4 million jump already announced in December, bringing 2013’s payout to $33.6 million. It was $25.5 million in 2012.
The USTA plans to announce the changes on Wednesday says AP.
The USTA move comes after the Australian Open lifted prize money by $4 million to a record $30 million for the 2013 Open.
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