Australian Open Prize Money 2024 Revealed
— 28 January 2024

Australian Open Prize Money 2024 Revealed

— 28 January 2024
Nick Kenyon
WORDS BY
Nick Kenyon

Prize money at the Australian Open keeps getting bigger, and in 2024 the players can expect to win more than ever. While the 2023 edition delivered players a record-breaking sum, this year there is a further $10 million up for grabs with a total prize money pool of $86.5 million at the 2024 Australian Open.

What will be most exciting for all tennis players in the AO is the decision to spread the additional prize money across the entire competition, not just those vying for the Grand Slam trophy. The winner will take home $3.15 million (up from $2.975 million in 2023), but those who make it through to the first round will enjoy a bump of up to 20% compared to last year’s prize money.

“We’ve upped prize money for every round at the Australian Open with the major increases in qualifying and the early rounds of singles and doubles,” Australian Open Tournament Director Craig Tiley said.

RELATED: Australian Open Prize Money 2023: How Much Each Player Will Take Home

“It is critical to the continued success of the Australian Open that we ensure that the best players in the world are compensated appropriately, as we know this allows players to invest in their own careers, and in many cases, helps set them up for success throughout the year.”

“We want to ensure Australia remains the launchpad for the global tennis season and the players and their teams have everything they need to help them perform at their best and continue to enjoy the Happy Slam.”

It’s a great initiative from the Australian Open to attempt to support all the top tennis talent in 2024, offering a financial springboard into the rest of the season. With such significant sums up for grabs, here’s a breakdown of the prize money for all the competitions at the 2024 Australian Open.

Prize Money For The 2024 Australian Open

The prize pool on offer for players at this year’s Australian Open has reached a record high of $86.5 million (an increase of 13% compared to 2023).

Single’s Prize Money

Winners$3.15 million
Runners-up$1.725 million
Semi-finalists$990,000
Quarter-finalists$600,000
Fourth round$375,000
Third round$255,000
Second round$180,000
First round$120,000
Third round qualifying$65,000
Second round qualifying$44,100
First round qualifying$31,250

Double’s Prize Money (Per Team)

Winners$730,000
Runners-up$400,000
Semi-finalists$227,500
Quarter-finalists$128,000
Third round$75,000
Second round$53,000
First round$36,000

Mixed Double’s Prize Money (Per Team)

Winners$165,000
Runners-up$94,000
Semi-finalists$50,000
Quarter-finalists$26,500
Second round$13,275
First round$6,900
Nick Kenyon
WORDS by
Nick Kenyon is the Editor of Boss Hunting, joining the team after working as the Deputy Editor of luxury watch magazine Time+Tide. He has a passion for watches, with other interests across style, sports and more. Get in touch at nick (at) luxity.com.au

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