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Verified 2024 US Open Prize Money
Totals & Breakdown
Verified 2024 US Open Prize Money Totals & Breakdown
The 2024 US Open in Flushing Meadows, New York, is scheduled to take place from Monday, August 19th to Sunday, September 8th, and this year, prize money hits a record high of $75,000,000, which translates to €67,509,375 and £57,318,75, a sizeable 15% increase over 2023.
As one of the world’s most prestigious Grand Slam tournaments, the US Open continues to deliver the most prize money of any single event on the ATP and WTA tours, and this year, they don’t disappoint.
Men and women earn equal prize money at the US Open, so singles champions will take home a massive $3,600,000 paycheck, while the runner-ups will walk away with an equally impressive $1,800,000. Both of these sums represent a 20% increase over the prior year.
For the doubles event, the winning pairs will earn $750,000, and the teams in the runner-up position will split $375,000 for a roughly 7% jump for both over last year’s event.
As the year’s last major with the highest attendance of any event in tennis, it’s always exciting to see where prize money lands and the US Open continues to deliver the goods. This guide shares everything you need to know about the 2024 purse, including historical data for comparison and reference.
Article Contents
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How the Open is Funded
Prize Money Distribution
Men vs. Women
2024 Full Breakdown
Prize Money by Year
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How the US Open is Funded
The US Open, owned and operated by the United States Tennis Association (USTA), is one of the world’s biggest sporting events, drawing 957,387 fans last year.
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.
Revenue Breakdown | Amount | Percent |
Broadcasting | $120m | 36% |
Ticket Sales | $120m | 36% |
Sponsorships | $65m | 19% |
Concessions & Merch | $30m | 9% |
The US Open generated an enormous $350 million that year, which is how the tournament can pay such hefty prizes. 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 compares to the other three majors in 2024.
Grand Slam | Native Currency | US Dollars |
Australian Open | $86,500,000 | $58,037,175 |
French Open | €53,478,000 | $59,432,240 |
Wimbledon | £50,000,000 | $65,477,750 |
US Open | $75,000,000 | $75,000,000 |
The US Open offers 15% more prize money than Wimbledon, the second highest-paying major in tennis.
With the tournament’s aggressive and continued 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, with a player’s earnings increasing the further they advance in the event, which is standard for nearly all tournaments.
As a point of reference, here’s a table of payouts for the men’s and women’s singles for 2024.
2024 | US Dollar | British Pound | Euro |
Winner | $3,600,000 | £2,839,285 | €3,294,380 |
Runner-up | $1,800,000 | £1,419,642 | €1,647,190 |
Semifinal | $1,000,000 | £788,690 | €915,106 |
Quarterfinal | $530,000 | £418,006 | €485,006 |
Round 4 | $325,000 | £256,324 | €297,409 |
Round 3 | $215,000 | £169,568 | €196,748 |
Round 2 | $140,000 | £110,417 | €128,115 |
Round 1 | $100,000 | £78,869 | €91,511 |
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, where data is available.
Event | Prize Money | Percent of Total |
Singles | $52,880,000 | 71% |
Doubles | $7,778,000 | 10% |
Qualifying Singles | $7,296,000 | 10% |
Mixed Doubles | $1,604,000 | 2% |
Wheelchair Events | $1,366,800 | 2% |
Per Diem / Direct Hotel Payments | $4,075,200 | 5% |
Total | $75,000,000 | 100% |
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.
2024 Full Breakdown
Only on five occasions have the US Open’s prize money 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%.
The following tables break down prize money by round for men and women since 2010. You can scroll left to right to view the entire data set.
For comparison, I’ve converted US dollars to Euros and Sterling pounds, which I calculate using the prior year’s exchange rate on the day of the final for a close approximation of value.
Singles
Numbers are for men and women.
US Dollars
US Dollar | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
Winner | $3,600,000 | $3,000,000 | $2,600,000 | $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-up | $1,800,000 | $1,500,000 | $1,300,000 | $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 |
Semifinal | $1,000,000 | $775,000 | $705,000 | $675,000 | $800,000 | $960,000 | $925,000 | $920,000 | $875,000 | $805,000 | $730,000 | $650,000 | $475,000 | $450,000 | $400,000 |
Quarterfinal | $530,000 | $455,000 | $445,000 | $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 4 | $325,000 | $284,000 | $278,000 | $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 3 | $215,000 | $191,000 | $188,000 | $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 2 | $140,000 | $123,000 | $121,000 | $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 1 | $100,000 | $81,500 | $80,000 | $75,000 | $61,000 | $58,000 | $54,000 | $50,000 | $43,313 | $39,500 | $35,754 | $32,000 | $23,000 | $19,000 | $19,000 |
Qualies Round 3 | $52,000 | $45,000 | $44,000 | – | – | – | – | – | – | – | – | – | – | – | – |
Qualies Round 2 | $38,000 | $34,500 | $33,600 | – | – | – | – | – | – | – | – | – | – | – | – |
Qualies Round 1 | $25,000 | $22,000 | $21,100 | – | – | – | – | – | – | – | – | – | – | – | – |
Euros
Please note that all historical data for French Open prize money in euros consider exchange rates on the day of the final for the years listed.
Euro | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
Winner | €3,294,380 | €2,760,372 | €2,616,642 | €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-up | €1,647,190 | €1,380,186 | €1,308,321 | €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 |
Semifinal | €915,106 | €713,096 | €709,512 | €574,590 | €677,137 | €814,712 | €797,882 | €765,595 | €778,407 | €711,948 | €564,273 | €490,033 | €369,535 | €329,475 | €307,934 |
Quarterfinal | €485,006 | €418,656 | €447,848 | €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 4 | €297,409 | €261,315 | €279,779 | €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 3 | €196,748 | €175,744 | €189,203 | €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 2 | €128,115 | €113,175 | €121,774 | €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 1 | €91,511 | €74,990 | €80,512 | €63,843 | €51,632 | €49,222 | €46,579 | €41,608 | €38,532 | €34,934 | €27,637 | €24,125 | €17,893 | €13,911 | €14,627 |
Qualies Round 3 | €47,585 | €41,406 | €44,282 | – | – | – | – | – | – | – | – | – | – | – | – |
Qualies Round 2 | €34,774 | €31,744 | €33,815 | – | – | – | – | – | – | – | – | – | – | – | – |
Qualies Round 1 | €22,878 | €20,243 | €21,235 | – | – | – | – | – | – | – | – | – | – | – | – |
Sterling Pound
Please note that all historical data for US Open prize money in sterling pounds consider exchange rates on the day of the final for the years listed.
Sterling Pound | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
Winner | £2,839,285 | £2,358,185 | £2,207,834 | £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-up | £1,419,642 | £1,179,092 | £1,103,917 | £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 |
Semifinal | £788,690 | £609,198 | £598,663 | £491,767 | £611,338 | £715,777 | £710,227 | £697,192 | £656,065 | £521,880 | £453,219 | £413,263 | £295,615 | £283,802 | £257,549 |
Quarterfinal | £418,006 | £357,658 | £377,879 | £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 4 | £256,324 | £223,241 | £236,068 | £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 3 | £169,568 | £150,138 | £159,643 | £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 2 | £110,417 | £96,686 | £102,749 | £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 1 | £78,869 | £64,064 | £67,933 | £54,641 | £46,615 | £43,245 | £41,462 | £37,891 | £32,476 | £25,608 | £22,198 | £20,345 | £14,314 | £11,983 | £12,234 |
Qualies Round 3 | £41,012 | £35,373 | £37,363 | – | – | – | – | – | – | – | – | – | – | – | – |
Qualies Round 2 | £29,970 | £27,119 | £28,532 | – | – | – | – | – | – | – | – | – | – | – | – |
Qualies Round 1 | £19,717 | £17,293 | £17,917 | – | – | – | – | – | – | – | – | – | – | – | – |
Doubles (Per Pair)
Numbers are for men and women.
2024 | US Dollar | British Pound | Euro |
Winner | $750,000 | £591,518 | €686,329 |
Runner-up | $375,000 | £295,759 | €343,165 |
Semifinal | $190,000 | £149,851 | €173,870 |
Quarterfinal | $110,000 | £86,756 | €100,662 |
Round 3 | $63,000 | £49,687 | €57,652 |
Round 2 | $40,000 | £31,548 | €36,604 |
Round 1 | $25,000 | £19,717 | €22,878 |
Mixed Doubles (Per Pair)
2024 | US Dollar | British Pound | Euro |
Winner | $200,000 | £157,738 | €183,021 |
Runner-up | $100,000 | £78,869 | €91,511 |
Semifinal | $50,000 | £39,435 | €45,755 |
Quarterfinal | $27,500 | £21,689 | €25,165 |
Round 2 | $16,500 | £13,013 | €15,099 |
Round 1 | $10,000 | £7,887 | €9,151 |
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.
Year | Total Prize Money | % Change |
2024 | $75,000,000 | 15.38% |
2023 | $65,000,020 | 8.33% |
2022 | $60,000,000 | 4.42% |
2021 | $57,462,000 | 7.60% |
2020 | $53,402,000 | -6.70% |
2019 | $57,238,700 | 13.20% |
2018 | $50,565,840 | 0.20% |
2017 | $50,464,800 | 8.99% |
2016 | $46,303,400 | 9.59% |
2015 | $42,253,400 | 10.46% |
2014 | $38,251,760 | 11.68% |
2013 | $34,252,000 | 34.18% |
2012 | $25,526,000 | 7.62% |
2011 | $23,718,000 | 4.63% |
2010 | $22,668,000 | 4.63% |
2009 | $21,664,000 | 4.87% |
2008 | $20,657,000 | 5.11% |
2007 | $19,653,000 | -7.34% |
2006 | $21,210,000 | 19.55% |
2005 | $17,742,000 | -0.05% |
2004 | $17,750,000 | 3.96% |
2003 | $17,074,000 | 5.56% |
2002 | $16,174,200 | 2.61% |
2001 | $15,762,300 | 5.00% |
2000 | $15,011,000 | 97.63% |
1999 | $7,595,330 | 5.38% |
1998 | $7,207,590 | 4.69% |
1997 | $6,884,952 | 6.48% |
1996 | $6,465,910 | 7.31% |
1995 | $6,025,550 | 6.04% |
1994 | $5,682,170 | 12.55% |
1993 | $5,048,450 | 14.30% |
1992 | $4,416,820 | 10.12% |
1991 | $4,010,970 | 5.01% |
1990 | $3,819,730 | 21.89% |
1989 | $3,133,749 | 19.97% |
1988 | $2,612,126 | 23.23% |
1987 | $2,119,780 | 0.00% |
1986 | $2,119,780 | 9.56% |
1985 | $1,934,760 | 32.35% |
1984 | $1,461,896 | 49.45% |
1983 | $978,211 | 64.86% |
1982 | $593,366 | 84.20% |
1981 | $322,136 | 9.77% |
1980 | $293,464 | 5.92% |
1979 | $277,066 | -0.70% |
1978 | $279,023 | 25.38% |
1977 | $222,540 | 41.08% |
1976 | $157,740 | 37.31% |
1975 | $114,875 | 18.31% |
1974 | $97,100 | 85.31% |
1973 | $52,400 | 4.11% |
1972 | $50,330 | 33.18% |
1971 | $37,790 | -9.27% |
1970 | $41,650 | 24.81% |
1969 | $33,370 | 27.61% |
1968 | $26,150 | – |
Please note that all data is in US Dollars, so you’ll need to translate it to your native currency if desired.
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 2024, the US Open is allocating $7,296,000 in prize money to the qualifying tournament. In singles, sixty-four players compete for one of sixteen available qualifying spots. If players lose in any qualifying round, they earn money, which increases the further a player progresses. For example, this year, the final round prize money in the qualifying tournament is $52,000.
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