Wimbledon to award $50.4 million in prize money

Players that are eliminated during the opening stage shall receive approximately $63,000.

Players would be paid a record amount in this year’s Wimbledon competition, with the winners of each of the two singles titles getting paid $2.5 million each.

The reason behind the record prize pool could be Wimbledon’s preparation to host full-house spectators for maybe the first time in three years at the All England Lawn Tennis and Croquet Club in London.

There had been considerations that the prize money for this year’s event might be lowered due to the absence of athletes representing Russia and Belarus as a result of Russia’s attack on Ukraine. But the return of full-capacity audiences, on the other hand, has catapulted the prize pool to new heights.

The total prize pool would be $50.4 million, an increment of 11% over 2021. It’s also a 5.4 per cent increment over the pre-pandemic championship in 2019. Players that are eliminated during the opening stage shall receive approximately $63,000.

The runner-ups in each of the two singles tournaments would get more than $1.2 million in prize money.

The upcoming edition of Wimbledon would be held between June 27 to July 10 2022. The champions of last year’s tournament, Novak Djokovic and Ashleigh Barty, each received $2 million from a prize fund of $43.7 million.

Wimbledon, sometimes known as The Championships or just Wimbledon, is the oldest and also most renowned tennis sporting event in the world. Since 1877, it has been conducted at the All England Club in Wimbledon, London. Wimbledon is now the only major tournament still held on grass, the classic tennis surface.

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