Wimbledon announces increase in prize money

Wimbledon announces seven percent increase in total prize money; singles winners will receive $2.85 million each

Winners of Wimbledon will receive a 7% increase in prize money from over the past three years, Wimbledon officials announced Tuesday.

The prize money will now total $40.60 million (26.75 million pounds), with the tournament’s singles winners receiving $2.85 million each (1.88 million pounds), an 8% increase.

Last year’s singles winners, Novak Djokovic and Petra Kvitova, each received $2,691,805 (1.76 million pounds).

Wimbledon, which occurs three weeks after the French Open ends, now has the highest total purse of any of the four Grand Slam tournaments, surpassing the $38.3 million given out at the U.S. Open.

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According to Wimbledon officials, the total prize money has increased from $22.3 million in 2011 to $40.6 million this year. Four years ago, singles winners receive $1.7 million each.

Men’s, Women’s doubles and Mixed Doubles will also have a 5% increase in prize money.

- Scooby Axson