Wimbledon Increases Prize Money

Wimbledon announces a 10.8% increase in prize money during today's Wimbledon Spring Press Conference.

Published April 29, 2014 12:11

Earlier today Wimbledon announced the total prize money for this year's edition will increase to $42 million dollars, a 10.8% increase from 2013.

The singles champion will walk away with $2.9 million, a 10% increase from last year.

The largest increase in prize money will be seen by the early losers. Players failing to reach the fourth round will be receiving a 12.5% increase.

"We've placed emphasis on the large group of players who need our help the most, those players who lose in qualifying and in the early rounds of the Championships," Wimbledon chairman Philip Brook said. "We also had an eye to being competitive internationally, and we do keep our watch on what is going on in other tennis events and in particular the other Grand Slams."

Click here for a complete breakdown of Wimbledon's 2014 prize money

Topics: 2014, news, wimbledon
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