The 2023 US Open is offering a remarkable increase in prize money. The New York Grand Slam has unveiled a historic record for its prize pool, coinciding with the celebration of 50 years of equal prize money.
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Back in 1973, this tournament became the first major event to provide an identical prize fund for both male and female competitors. This achievement is particularly noteworthy when considering that half a century ago, the champions received a mere $25,000 each, contributing to a total purse of just $100,000.
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“[Fifty years ago], people probably went, ‘Huh? What? The women are going to make as much as the guys?’ This is a huge event to do that. It starts to change the hearts and minds of people,” tennis legend Billie Jean King said.
“People think there’s money in women now. That’s why they’re buying soccer teams. That’s why they’re buying basketball teams. That’s why they really are investing now. There’s no question, the values have gone way up. People think it’s a good investment. That never used to happen, at least in women’s sports”.
How much is the US Open winning prize?
The 2023 US Open boasts an impressive eight percent increase compared to the previous year, resulting in a total prize pool of $65 million.
Both the men’s and women’s singles champions will be awarded $3 million each. This figure represents a significant uptick of 15 percent compared to the 2022 prize, which stood at $2.6 million.
How much do you get per round at the US Open?
Here is a detailed breakdown of the prize money for each round of the 2023 US Open:
- Champion: $3,000,000
- Runner-Up: $1,500,000
- Semifinalists: $775,000
- Quarterfinalists: $455,000
- Round of 16: $284,000
- Round of 32: $191,000
- Round of 64: $123,000
- Round of 128: $81,500