Menu
Events and Attractions

Australian Open Increases Purse To $31.5M To Become Biggest In Sport's History

Early-round losers at next month's Australian Open "will receive a significant pay rise after officials released the breakdown of the biggest purse in tennis history on Thursday," according to Darren Walton of the AAP. Responding to player demands "for a bigger slice of the pie," Tennis Australia has "averted a boycott of the opening grand slam of the year with rich rewards for the sport's battlers." With a record total purse of A$30M ($31.5M) on the table, prize money for the fourth round, quarterfinals and semifinals has increased an average of more than 14% (AAP, 12/20). The AAP also reported the 2013 Australian Open singles champions "will collect monster cheques" for A$2.43M next month during the Jan. 14-27 event (AAP, 12/21). REUTERS' Patrick Johnston noted the "biggest increases" were for first round losers in the men's and women's singles, who will now receive A$27,000, representing a 32.7% boost from '12, with those exiting in the second round receiving A$45,500, up 36.6%. The move "is likely to appease the players council," led by 17-time grand slam champion Roger Federer, "who had been calling for more revenue from the four elite tournaments to be passed down to those hitting the shots." Australian Open Tournament Dir Craig Tiley said, "Our motivation is to make a major contribution toward helping ensure professional tennis players can make decent living" (REUTERS, 12/20).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2012/12/21/Events-and-Attractions/Australian-Open.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2012/12/21/Events-and-Attractions/Australian-Open.aspx

CLOSE