The total prize money and player compensation for the 2023 US Open will be $65 million, which is a new record for the tournament. This represents an 8% increase from the $60 million awarded last year.
In 1973, the US Open became the first Grand Slam tournament to offer equal prize money to both men and women, with each champion receiving $25,000. This year marks the 50th anniversary of this milestone. The tournament is scheduled to take place from Aug. 28 to Sept. 10 in New York.
The $65 million prize money includes $3 million that will be awarded to the men’s and women’s singles champions. Although this amount is not as high as the $3.9 million received by each winner in 2019, it is an increase from last year when the respective winners, Carlos Alcaraz and Iga Swiatek, took home $2.6 million.
In addition to the prize money, all participants will receive increased per diem, including $1,000 worth of travel vouchers. They will also have the option of an extra hotel room or a daily allowance of $600 if they choose alternative accommodations. Additionally, players will receive an increased meal allowance and assistance with racquet stringing.
According to the Associated Press, when taking into account factors such as allowances and travel vouchers, the total prize money for the U.S. Open is the highest among all the Grand Slam tournaments this year, totaling approximately $60 million. Wimbledon offered about $56.5 million in prizes, the French Open about $54 million, and the Australian Open about $53 million.
Here is the breakdown of player compensation for the 2023 US Open, as detailed in the official press release:
- Champion: $3,000,000
- Runner-Up: $1,500,000
- Semifinalists: $775,000
- Quarterfinalists: $455,000
- Round of 16: $284,000
- Round of 32: $191,000
- Round of 64: $123,000
- Round of 128: $81,500
Main Draw Doubles (per team)
- Champions: $700,000
- Runners-Up: $350,000
- Semifinalists: $180,000
- Quarterfinalists: $100,000
- Round of 16: $58,000
- Round of 32: $36,800
- Round of 64: $22,000
