Wimbledon 2018: Pot Prize Money Hiked To £34m, Singles to £2.25m

Wimbledon 2018: Pot Prize Money Hiked To £34m, Singles to £2.25m
Wimbledon 2018 Tennis championship/ brecorder.com
On Tuesday, Wimbledon reportedly announced an increment in its total prize pot for the 2018 Tennis Championship from £31.6 million to a whooping £34 million, indicating up to a 7.6 percent increment from last year.

The breakdown of the increment of the total prize for the Wimbledon championship is as follows;

The prize for the Wimbledon singles for men and women has been increased from the £2.2 million of 2017 to £2.25 million this year. Last year’s singles championship winners, Roger Federer and Garbine Muguruza won the trophy and took home £2.2 million from the grass-court Grand Slam Tournament.

First-round losers will receive 39,000 pounds ($53,000), but they may have to forfeit their prize money if they retire from the match or perform “below professional standards.”

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Injured players will receive 50 percent of their first-round prize money if they withdraw on site by the Thursday before the start of play. An injured player’s replacement would take the other 50 percent.

The total prize pot money is bigger and better than the 55 million Australian dollars (that’s about 41.32 million USD) offered and paid out in the Melbourne, Australian Open in January at the beginning of the year’s Grand Slams. The Wimbledon offer is however a little lower than that of the French Open scheduled to kick off in the later part of this month.

The Wimbledon grass-court tournament is scheduled to take place from the 2nd through the 15th of July, 2018.

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On the other hand, the US open, the event to bring to a close the Grand Slams for this year, starting in August, is yet to make known its pot prize money as that will determine which of the tournaments paid out the most for the 2018 calendar year.

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