Australian Open Prize Money
2023 Breakdown & Historicals
The Australian Open will run over two weeks, from Sunday, January 15 to Sunday, January 29, 2023, and features record-high prize money of $76,500,000, which translates to $52,828,222 USD, €49,133,761 and £43,494,003, a 3% increase compared to 2022.
Despite being the youngest Grand Slam, which started 28 years after Wimbledon in 1905, the Australian Open is now the second highest-paying professional tennis tournament worldwide, right behind the US Open.
Men and women will play for equal prize money at the Australian Open, with the singles champions taking home a staggering $2,975,000 and the runner-up earning just over half that amount or $1,625,000. These amounts represent a low 3% increases versus 2022, which is the magic number, as all rounds have increased by that amount.
In doubles, the sums are equally impressive for men and women, with the winning pairs splitting a $695,000 check and the teams who land the runner-up position divvying up $370,000. Like singles, nearly all doubles rounds are hitting roughly a 3% increase over the prior year.
The modest increase in 2023 prize money at the Australian Open isn’t surprising, considering organizers limited fans to 50% capacity in 2022 and as low as 30% in 2021, a direct hit to tournament revenue. However, with attendance restrictions lifted, this year’s tournament will likely result in a more impressive increase in the purse for next year.
Overall, this year is an exciting year for players competing in Australia, with the Australian Open’s tournament director, Craig Tiley, sharing that for the first time, more than $100,000,000 is up for grabs throughout the summer at all tennis tournaments in the country.
Keep reading for everything you need to know about the 2023 purse, including a complete breakdown by round and historical data for comparison and reference.