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US Open Prize Money

2022 Breakdown & Historicals

By Jon Crim
Image Credit: Wimbledon

The 2022 US Open in Flushing Meadows, New York, is scheduled to take place from Monday, August 29 to Sunday, September 11, and we’re expecting this year’s prize money to be the biggest in history.

In 2021, the US Open’s prize money returned to pre-pandemic levels for an all-time high of $57,462,000, up 0.4% from 2019. However, the USTA adjusted its allocation to better support lower-ranked players participating in qualifiers and earlier rounds in the main draw.

With attendance at tournaments worldwide increasing and full capacity expected for the 2022 US Open, expectations for prize money are high, with the year’s last Grand Slam looking to set another record payout. This guide shares everything we know about this year’s purse to date.

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How the US Open is Funded

Owned and operated by the United States Tennis Association (USTA), the US Open is one of the world’s biggest sporting events, drawing 738,000 fans in 2019 before the pandemic slowed things down for a few years.

Like other tennis tournaments, the US Open generates roughly 85% of its revenue from sponsorships, broadcasting rights, tickets, concessions, and merchandise, according to Forbes. However, they have another trick up their sleeve, membership dues from players across the country.

Here’s how the tournament’s 2017 revenues broke down:

A pie chart showing how the US Open generates revenue to fund prize money.

  • Broadcasting: $120m (36%)
  • Ticket Sales: $120m (36%)
  • Sponsorships: $65m (19%)
  • Concessions & Merch: $30m (13%)

In total, the US Open generated an enormous $350 million in 2017, which is how the tournament can pay such hefty sums in prize money. Of course, the US Open doesn’t pocket all that money. There are a lot of costs to cover, from upkeep and expansion of the grounds to marketing, insurance, USTA and tournament staff, player development, and their never-ending work to grow the sport; it’s a big enterprise.

Despite the size and scope of the USTA, they still manage to consistently dish out more prize money than any other Grand Slam. Here’s a look at how the US Open compared to the other three majors in 2019 before the pandemic took hold.

TournamentPrize MoneyUS Dollars
Australian Open$62,500,000$44,902,812
French Open€42,661,000$45,460,414
Wimbledon£38,000,000$47,461,430
US Open$57,238,700$57,238,700

With the tournament’s aggressive expansion in recent years, it’s safe to assume that the US Open will remain the highest-paying tennis tournament for many years, continuing to cement its place as one of the most prestigious sporting events worldwide.

Prize Money Distribution

As you might expect, the US Open distributes prize money in a tiered fashion where a player’s earnings increase the further they make it in the event, which is standard for nearly all tennis tournaments.

As a point of reference, here’s a table of payouts for the men’s and women’s singles in 2021.

2021US DollarBritish PoundEuro
Winner$2,500,000£1,821,361£2,128,112
Runner-up$1,250,000£910,680£1,064,056
Semifinal$675,000£491,767£574,590
Quarterfinal$425,000£309,631£361,779
Round 4$265,000£193,064£225,580
Round 3$180,000£131,138£153,224
Round 2$115,000£83,783£97,893
Round 1$75,000£54,641£63,843

Singles is one of many events held at the US Open, so we can also break prize money down by discipline, i.e., singles, doubles, mixed doubles, etc., and a separate amount for qualifying rounds. Here’s how those numbers broke down for last year’s tournament.

A pie chart showing how the US Open distributes prize money across events.

EventPrize MoneyPercent of Total
Singles$40,560,00070.6%
Doubles$6,612,00011.5%
Qualifying Singles$5,952,00010.4%
Mixed Doubles$638,0001.1%
Wheelchair Events$600,0001.0%
Per Diem / Direct Hotel Payments$3,100,0005.39%
Total Prize Money$57,462,000100%

Reviewing the numbers above, you can begin to understand where the tournament prioritizes its prize money, which viewership and event popularity heavily dictate.

Men vs. Women

In 1973, shortly after the Open Era began, the US Open became the first Grand Slam tournament to institute equal prize money for men and women. Although it’s worth giving props to the US Open for their actions, Billie Jean King’s lobbying and her threat of a tournament boycott were undeniably catalysts for their decision to change.

It would be over 20 years before the Australian Open followed suit in 2001 to offer equal prize money to women. Here’s a look at when each of the Grand Slam tournaments moved to equal pay.

  • US Open: 1973
  • Australian Open: 2001
  • French Open: 2006
  • Wimbledon: 2007

To better understand the pay gap at the start of the Open Era, it’s worth noting the US Open’s prize money distribution in 1968, which was $98,700 for men and a mere $42,300 for women. That year the US Open paid women 42.8% of the men’s earnings.

2022 Full Breakdown

Since 1968, the US Open has increased prize money nearly every year. Only on five occasions has it decreased or remained the same, with the most significant decline coming in 1971 with a 9.27% drop. On average, the tournament’s prize money has increased by 17% each year.

More recently, prize money suffered in 2020 due to the pandemic, with a 6.70% drop from 2019. However, it rebounded in 2021, rising 7.60%.

For 2022, we expect an increase in prize money for players as the event returns to full capacity. Furthermore, the tournament will likely continue distributing more funds to earlier rounds to improve opportunities for lower-ranked players, which they did last year.

Based on historical data, we estimate that the US Open will increase its prize money in 2022 by roughly 5% compared to 2021. Last year, the tournament announced official prize money numbers a little later on August 23. However, in 2019, the news came on July 18, so we can likely expect to learn specifics in late July.

Men & Women Singles

US Dollar

Round2022202120202019201820172016201520142013201220112010
WinnerTBD$2,500,000$3,000,000$3,850,000$3,800,000$3,700,000$3,500,000$3,300,000$3,000,000$2,600,000$1,900,000$1,800,000$1,700,000
Runner-upTBD$1,250,000$1,500,000$1,900,000$1,850,000$1,825,000$1,750,000$1,600,000$1,450,000$1,300,000$950,000$900,000$850,000
SemifinalTBD$675,000$800,000$960,000$925,000$920,000$875,000$805,000$730,000$650,000$475,000$450,000$400,000
QuarterfinalTBD$425,000$425,000$500,000$475,000$470,000$450,000$410,975$370,250$325,000$237,500$225,000$200,000
Round 4TBD$265,000$250,000$280,000$266,000$253,625$235,000$213,575$187,300$165,000$120,000$110,000$100,000
Round 3TBD$180,000$163,000$163,000$156,000$144,000$140,000$120,200$105,090$93,000$65,000$55,000$50,250
Round 2TBD$115,000$100,000$100,000$93,000$86,000$77,188$68,600$60,420$53,000$37,000$31,000$31,000
Round 1TBD$75,000$61,000$58,000$54,000$50,000$43,313$39,500$35,754$32,000$23,000$19,000$19,000

British Sterling Pound

Please note that all historical data for US Open prize money in British sterling pounds considers exchange rates on the day of the final for the years listed.

Round2022202120202019201820172016201520142013201220112010
WinnerTBD£1,821,361£2,292,518£2,870,564£2,917,690£2,803,922£2,624,259£2,139,384£1,862,544£1,653,050£1,182,460£1,135,210£1,094,585
Runner-upTBD£910,680£1,146,259£1,416,642£1,420,455£1,383,016£1,312,129£1,037,277£900,230£826,525£591,230£567,605£547,293
SemifinalTBD£491,767£611,338£715,777£710,227£697,192£656,065£521,880£453,219£413,263£295,615£283,802£257,549
QuarterfinalTBD£309,631£324,773£372,800£364,711£356,174£337,405£266,434£229,869£206,631£147,807£141,901£128,775
Round 4TBD£193,064£191,043£208,768£204,238£192,201£176,200£138,460£116,285£104,905£74,682£69,374£64,387
Round 3TBD£131,138£124,560£121,533£119,779£109,126£104,970£77,925£65,245£59,128£40,453£34,687£32,355
Round 2TBD£83,783£76,417£74,560£71,407£65,172£57,875£44,473£37,512£33,697£23,027£19,551£19,960
Round 1TBD£54,641£46,615£43,245£41,462£37,891£32,476£25,608£22,198£20,345£14,314£11,983£12,234

Euro

Please note that all historical data for US Open prize money in euros considers exchange rates on the day of the final for the years listed.

Round2022202120202019201820172016201520142013201220112010
WinnerTBD€2,128,112€2,539,263€3,267,336€3,277,784€3,079,023€3,113,630€2,918,546€2,318,930€1,960,134€1,478,139€1,317,899€1,308,719
Runner-upTBD€1,064,056€1,269,632€1,612,452€1,595,763€1,518,707€1,556,815€1,415,053€1,120,816€980,067€739,070€658,950€654,360
SemifinalTBD€574,590€677,137€814,712€797,882€765,595€778,407€711,948€564,273€490,033€369,535€329,475€307,934
QuarterfinalTBD€361,779€359,729€424,329€409,723€391,119€400,324€363,470€286,195€245,017€184,767€164,737€153,967
Round 4TBD€225,580€211,605€237,624€229,445€211,059€209,058€188,887€144,779€124,393€93,356€80,538€76,983
Round 3TBD€153,224€137,967€138,331€134,562€119,832€124,545€106,306€81,232€70,112€50,568€40,269€38,684
Round 2TBD€97,893€84,642€84,866€80,219€71,566€68,667€60,670€46,703€39,957€28,785€22,697€23,865
Round 1TBD€63,843€51,632€49,222€46,579€41,608€38,532€34,934€27,637€24,125€17,893€13,911€14,627

Men & Women Doubles (Per Pair)

Player(s)DollarsBritish PoundEuroChange from 2021
Winner$TBD£TBD€TBDTBD%
Runner-up$TBD£TBD€TBDTBD%
Semi-finalists$TBD£TBD€TBDTBD%
Quarter-finalists$TBD£TBD€TBDTBD%
Third Round$TBD£TBD€TBDTBD%
Second Round$TBD£TBD €TBDTBD%
First Round $TBD£TBD€TBDTBD%

Mixed Doubles (Per Pair)

Player(s)DollarsBritish PoundEuroChange from 2021
Winner$TBD£TBD€TBDTBD%
Runner-up$TBD£TBD€TBDTBD%
Semi-finalists$TBD£TBD€TBDTBD%
Quarter-finalists$TBD£TBD€TBDTBD%
Second Round$TBD£TBD€TBDTBD%
First Round $TBD£TBD €TBDTBD%

Prize Money by Year

Here’s a recap of historical data for US Open prize money by year with a graph helping visualize growth over time.

A line graph showing growth of total prize money at the US Open since 1968.

YearTotal Prize Money% Change
2022TBDTBD
2021$57,462,0007.60%
2020$53,402,000-6.70%
2019$57,238,70013.20%
2018$50,565,8400.20%
2017$50,464,8008.99%
2016$46,303,4009.59%
2015$42,253,40010.46%
2014$38,251,76011.68%
2013$34,252,00034.18%
2012$25,526,0007.62%
2011$23,718,0004.63%
2010$22,668,0004.63%
2009$21,664,0004.87%
2008$20,657,0005.11%
2007$19,653,000-7.34%
2006$21,210,00019.55%
2005$17,742,000-0.05%
2004$17,750,0003.96%
2003$17,074,0005.56%
2002$16,174,2002.61%
2001$15,762,3005.00%
2000$15,011,00097.63%
1999$7,595,3305.38%
1998$7,207,5904.69%
1997$6,884,9526.48%
1996$6,465,9107.31%
1995$6,025,5506.04%
1994$5,682,17012.55%
1993$5,048,45014.30%
1992$4,416,82010.12%
1991$4,010,9705.01%
1990$3,819,73021.89%
1989$3,133,74919.97%
1988$2,612,12623.23%
1987$2,119,7800.00%
1986$2,119,7809.56%
1985$1,934,76032.35%
1984$1,461,89649.45%
1983$978,21164.86%
1982$593,36684.20%
1981$322,1369.77%
1980$293,4645.92%
1979$277,066-0.70%
1978$279,02325.38%
1977$222,54041.08%
1976$157,74037.31%
1975$114,87518.31%
1974$97,10085.31%
1973$52,4004.11%
1972$50,33033.18%
1971$37,790-9.27%
1970$41,65024.81%
1969$33,37027.61%
1968$26,150

Please note that all data is in US dollars.

FAQs

US Open prize money is always a hot topic, so it’s common for fans to have several questions relating to the subject. Here are some of the most common we hear.

Is US Open prize money taxed?

Yes. The local government taxes player earnings for tennis tournaments. Therefore, for the US Open, players are taxed at the United States tax rate, ranging from 10-35%, depending on a player’s earnings.

It’s worth noting that players usually will not pay taxes on their prize money to their local government due to Double Tax Treaties that typically exist to prevent double taxation.

Do junior US Open players win prize money?

No. US Open junior tournaments are amateur events, so participants do not earn prize money. However, they do earn ranking points for their participation.

Why did the US Open’s prize money go down in 2021?

The US Open’s prize money declined 6.70% in 2020 due to the pandemic when fans were not allowed to attend the tournament. Ticket sales, concessions, and merchandise represent over 40% of the tournament’s revenue, so a reduction was inevitable without fans.

Considering the challenges that faced the tournament that year, it’s impressive they retained most of the prize money, let alone run the event.

Do US Open qualifiers earn prize money?

Yes, in 2021, the US Open allocated nearly $6 million in prize money to the qualifying tournament. Sixty-four players compete for one of sixteen available qualifying spots. If players lose in any qualifying round, they earn money.

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