Millennium Post

Aus Open to offer record prize money

The 2013 Australian Open will offer a record USD 31.1 million in prize money, as organisers respond to threats of a boycott from players agitating for a greater share of revenue.

Tennis Australia chief executive Steve Wood said Tuesday the USD 4.1 million hike from the last tournament was the single biggest increase in the history of the opening Grand Slam of the season.

‘We are proud to announce this major increase in prize money,’ he said.

‘We have led the world in prize money for these incredible athletes and we want to ensure that the majors continues to make a big contribution to the financial wellbeing of players.’   
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