US Open 2021 Prize money: Players to get lowest payout since 2012- check round-wise prize money details

US Open 2021 Prize money: Players to get the lowest payout since 2012- check round-wise prize money details on insidesport.co
US Open 2021 Prize money: Players to get the lowest payout since 2012- check round-wise prize money details on insidesport.co [Pic credits: Tennis Majors]

US Open 2021 Prize money: The US Open 2021 will reportedly register their lowest payout since 2012 amid the COVID situation in the world. But the total prize money has seen a growth. The Grand Slam tournament will offer total prize money of $57.5 million this year, going past the record payout of $57.2 million set in 2019, US Open organisers said.

As per ESPN, title winners in singles each will be paid 2.5 million USD, down from 3 million USD last year and 3.85 million USD two years ago. It is the lowest amount for the top prize at the US Open since 2012, when the singles champion(s) each received 1.9 million USD. Meanwhile, runners up will receive 1.25 million USD, lowest since 2012 prize money of 950,000 USD.

The event was held without spectators last year, with the United States Tennis Association (USTA) lowering the prize money to $53.4 million due to lost revenue.

Despite the overall increase this year, prize money for the two singles winners has come down from $3 million to $2.5 million, with the runner-up cheque also reduced to $1.25 million, a decrease of $50,000 from 2020.

“Last year was a very difficult year for all of us, and the pandemic had a profound impact on the USTA’s financial health,” said USTA CEO and executive director Mike Dowse.

“Yet we worked — and continue to work — extremely hard to ensure that tennis would continue to thrive for the long-term at every level, and that work led to more than four million new and returning players participating in tennis in 2020.”

First-round payouts go to $75,000, a jump of 23% from 2020, while second-round prize money rises to $115,000 from $100,000.

The USTA added that prize money has also been bumped up in the doubles, mixed doubles and wheelchair events.

The U.S. Open, which will welcome back fans this year, starts on Aug. 30.

US Open 2021: Draws, Schedule, Timing, Top seeds, prize money, LIVE streaming; all you need to know

US Open Prize money: Players to get lowest payout since 2012- check round-wise prize money details

Round-by-round individual prize money for the US Open is as follows:

Singles:
Winner: $2,500,000
Runner-Up: $1,250,000
Semifinalist: $675,000
Quarterfinalist: $425,000
Round of 16: $265,000
Round of 32: $180,000
Round of 64: $115,000
Round of 128: $75,000

Doubles (each team):
Winner: $660,000
Runner-Up: $330,000
Semifinalist: $164,000
Quarterfinalist: $93,000
Round of 16: $54,000
Round of 32: $34,000
Round of 64: $20,000

The US Open 2021 is scheduled for Aug. 30 through Sept. 12, with the US Open Qualifying Tournament, beginning on Aug. 24.

US Open Prize money: Players to get lowest payout since 2012- check round-wise prize money details

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Source: Reuters