French Open raises prize money to $48m, up by 8%

French Open raises prize money to $48m, up by 8% - InsideSport

French Open has increased the total prize purse for 2018 to a record $48 million, tournament director and former French tennis star Guy Forget has revealed.

The men’s and women’s singles champions at the Rolland Garros will return richer by $ 2.7 million (₹ 17.58 crore) each, which is nearly 65% of the prize purse for the Indian Premier League prize purse. For perspective, the team winning the cash-rich Indian Premier League this year will get $ 4 million (₹26 crore).

However, in spite of an 8% increase, French Open is still lagging behind the other three Grand Slam tournaments in the prize purse. The first Grand Slam of the year, Australian Open had this year increased the prize money to Australian dollar 55 million, offering the champions a record Australian dollar 4 million ($3.1 million).

Wimbledon Champions Roger Federer and Garbini Muguruza had each pocketed prize money equivalent to $3.11 million, while in the US Open, Rafael Nadal and Sloane Stephens had earned $3.7 million each as the champions’ prize purse.

French Open at the Rolland Garros clay courts in Paris this year is scheduled from May 21 to June 10. Nadal and Jelena Ostapenko are the reigning French Open champions.

Federer, who had skipped the Rolland Garros red clay competition last year, has not yet revealed his French Open plans for 2018.