French Open organizers have announced an eight percent increase in the total prize money to $ 48.35 million.
In 2019, the Roland Garros tournament’s prize fund has swelled by 8% compared with 2018, to reach a total of €42,661,000 ($48.35).
The President of the French Tennis Federation, Bernard Giudicelli, and the Tournament Director, Guy Forget, wanted to continue narrowing the gap between the amounts awarded to the tournament winners (women’s and men’s singles) and to the players who are knocked out in the first round, states a write up on the official French Open website.
The players who are beaten in “week 1” of the tournament will see a significant increase in their prize money (over 10%, on average, from the first round to the Round of 16).
Prize money will jump the most for men and women who are ousted in the qualifying stage or who lose in the first round, with the latter now set to earn $52,333 apiece, an increase of 15 per cent over last year.
The winners of the men’s and women’s singles will each receive $2.6 million, up 4.55 per cent from last year, while the singles finalists will earn an increase of 5.36 per cent in the prize money.
There have also been significant increases to the prize money available for losing in qualifying, with players who fall at the last hurdle before the main draw to take home $27,126.
A special effort has been made for the qualifying rounds, whose prize money has risen by an average of nearly 15%.
The prize money is also raise in each of the other categories
This increase in the prize money stakes has once again pushed the Roland Garros to the second highest prize money GRAND SLAM tennis event in the world.
US Open with $53 Million prize pot is still the number 1 tennis event of the world, followed by French Open at $48.35 million. The most revered grand slam of all, the Wimbledon has announced prize money for 2019 event at $45 million which places them at number 3 in the list. The year’s first grand slam Australian Open stays at number 4 with $44.26 million prize money pool.
The French Open organizers has also inaugurated a new 5,000-seat court that is the first piece of a renovation project launched in 2018 at tennis’ clay-court Grand Slam. This year’s French Open starts on May 26, with the men’s final on June 9 and the highlight will be the return of Roger Federer to the biggest clay tournament of the world.