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Wimbledon Prize Money Rises 20% to £64.2m Amid Player Pay Dispute

Wimbledon prize money rises 20% to £64.2m with singles winners earning £3.6m. Players seek prize money linked to revenue amid ongoing pay disputes.

·3 min read
Iga Swiatek poses with the Wimbledon trophy

Wimbledon Prize Money Increase

Iga Swiatek earned £3m for winning Wimbledon last year, a sum set to rise by £600,000 this summer as prize money at Wimbledon increases by 20% to £64.2m.

The singles champions will each receive £3.6m, while first-round losers will be paid £80,000. Over £6m has been allocated for the qualifying competition, marking a 25% increase.

Overall, prize money has risen by £10.7m amid ongoing player campaigns for a larger share of tournament proceeds. These players advocate for Grand Slam prize money to be linked to tournament revenue, alongside contributions to their benefit pool and increased influence over event management.

Player Demands and Tournament Revenue

Players had hoped Wimbledon’s prize fund would approach £71.7m, seeking all four Grand Slams to allocate 16% of their revenue to prize money this year, based on a 5% increase over last year's revenue.

All England Club's Position

The All England Club (AELTC) paid the Lawn Tennis Association (LTA) £48.1m last year under an agreement to distribute 90% of each year’s surplus to the governing body. However, AELTC executives dispute linking prize money directly to tournament revenue, emphasizing the necessity of reinvesting much of that revenue back into the championships.

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They highlight a successful business model that has more than doubled player prize money over the past decade and reject comparisons suggesting exploitation of players, stating they do not appreciate being likened to "some Victorian mill owners."

The AELTC also voluntarily distributed £10m in prize money to 620 players who would have competed in the cancelled 2020 Championships due to the Covid pandemic.

French Open Prize Money and Player Protests

The recent French Open saw a 9.5% prize money increase, which some players found insufficient, leading them to limit pre-tournament media commitments to 15 minutes in protest.

Similarly, the French Tennis Federation opposes the idea of linking prize money to revenue. Tournament director Amelie Mauresmo stated on Sunday:

"I believe that these figures are not the ones we should really look at, but we'll have that discussion with the players. I believe that everybody has to make a step in the other's direction, and we'll have to change the mentality. So we'll need goodwill from everyone."

US Open Prize Money and Player Leverage

The US Tennis Association (USTA) offered $90m (£67.2m) in prize money last year, a 20% increase. The prize fund for the 2024 US Open, starting 30 August, is expected to be announced shortly after Wimbledon and is anticipated to surpass $100m, potentially exceeding player demands for 2026 prize money to represent 16% of tournament revenue.

Players are gaining increased leverage and have referenced the US Open's new star-studded mixed doubles event in negotiations with the USTA. It has been noted that this competition is more significant to the commercial success of the US Open's 'Fan Week' than to many players, who may need to arrive earlier than scheduled as it occurs the week before the main draw.

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This article was sourced from bbc

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