Novak Djokovic, Carlos Alcaraz and co discover new US Open prize money

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The likes of Novak Djokovic and Carlos Alcaraz will be competing for a record-breaking prize pot at the US Open, with tournament organisers having increased the amount of money up for grabs in comparison to last year. Alcaraz will go into the event as the defending champion following his impressive triumph last time around, while Djokovic will be returning to Flushing Meadows for the first time since 2021.

Alcaraz scooped just over £2.2million as a welcome reward for winning his first Grand Slam title but will be in line to receive even more prize money if he is able to repeat his past heroics at this year’s US Open. A sum of £2.35m will be paid out to the winners of the men’s and women’s singles tournament, with the event continuing to award equal prize money in both categories.

The US Tennis Association (USTA) said on Tuesday that the total prize pot at the US Open is set to reach in excess of £51m, with this figure boosted by increases in the amount of expenses covered for players by the tournament. Competitors will also receive travel vouchers worth around £785, as well as a second free room in an official tournament hotel instead of just one room.

Alternatively, players will be able to choose a stipend of £471 per day for alternative housing, while meal allowances will also be increased and racket stringing will be offered to all competitors.

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USTA president Brian Hainline added: “The USTA is incredibly proud to celebrate the 50th anniversary of awarding equal prize money at this year’s US Open, and to honour Billie Jean King’s efforts to make this a reality.

“No individual has done more to secure equality for female athletes than Billie Jean King. Her impact goes far beyond the tennis court and there is no better time to celebrate her legacy than on the anniversary of this historic milestone.”

Players who fall in the first round at the US Open will receive a consolation prize of nearly £64,000, which represents a slight increase on the £62,800 on offer in 2022. Those who manage to reach the semi-finals will pick up around £608,000, with the losing men’s and women’s finalists set to pocket over £1.1m each.

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The US Open has the most prize money of any Grand Slam event this year after deducting the expenses paid by the tournament to cover player costs. Based on exchange rates at the time of the competitions as per Tennis365, the purses at Wimbledon, the French Open and the Australian Open stood at £44.3m, £42.3m and £41.6m respectively.

There will also be plenty of money up for grabs in the doubles event, with the winners poised to earn around £549,549 per team. Meanwhile, those eliminated in the opening round will get £17,273 per team as tournament chiefs look to reward players in all categories for simply reaching the main draw.

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