Wimbledon prize money increases to record £50million
Prize money at this year’s Championships will rise to a record £50million, as announced by the All England Club today
The total prize money on offer at this year’s Wimbledon Championships is set to rise to a record £50million, tournament organisers have announced today.
The rise means that each singles champion across will earn £2.7million. The total amount is £5.3million more than the prize money on offer last year, and is double the amount awarded to the singles champions ten years ago.
Deborah Jevans, the new chair of the All England Club, has said that this year ticket demand “has never been greater.”
“With this year’s Championships only days away, I am delighted to announce a record prize money fund of £50million, with increases for players in every round and across every event,” Jevans announced.
“I am particularly pleased that we have been able to increase prize money for the wheelchair and quad wheelchair competitions to £1 million for the first time.
“Interest in attending Wimbledon has never been greater, with unprecedented demand for tickets through our public ballot and corporate hospitality. A thriving, successful Championships gives us the opportunity to give back: to the sport, to our local community, and to strategically invest for the future.”
The rise is an indication of booming business returning to SW19 after a difficult few years between 2020 and 2022, when the Covid pandemic hit revenue and the ban of Russian and Belarusian players two years later led to a loss of ranking points for the tournament.
But the winners’ check has now risen by £350,000 each from last year, as Wimbledon has bounced back from its setbacks.
Singles players who lose in the first round will now receive £60,000, meaning qualifying for the tournament becomes a more lucrative incentive than ever for lower-ranked players.