Australian Open 2017 has got another prize money hike with 10% increase compared to 2017 prize money pool. The total prize money purse for 2018 Australian Open will be AUD$55 million (USD$42.7m). Men and women singles winners will pocket AUD$4 million (USD$3.11m) each. Below is the entire breakdown of Australian Open 2018 prize money
Australian Open 2017 will see another 10% increase in the total prize money pool which will take the total prize money for the entire competition to AUD$55 million (USD$4.7m) compared to AUD$50 million offered in 2017. Men and Women singles champions will take home AUD$4 million each. The runner-ups will also pocket AUD$2.2 million while semifinalists in both mens and women singles event will pocket around AUD$1.2m. The increase comes as part of yearly agreement where all four grand slams have been constantly increasing total prize money purse over the past 10 years. Currently US Open is the highest paying grand slam with over $50 million offered in 2017 US Open.
Here is the complete breakout of the 2018 prize money purse for Australia Open in different categories. Players losing in the qualifying rounds also gets paid. (all numbers below are in Australian dollar, if stated otherwise)
| STAGES | Mens Singles | Women Singls | Mens Doubles | Women Doubles | Mixed Doubles | Other Events | |
| Winners | $4m | $4m | $750,000 | $750,000 | $160,000 | ||
| Runners-up | $2m | $2m | $375,000 | $375,000 | $80,000 | ||
| Semi-Finalists | $1.2m | $1.2m | $185,000 | $185,000 | $40,000 | ||
| Quarter-Finalists | $600,000 | $600,000 | $90,000 | $90,000 | $20,000 | ||
| 4th Round | $250,000 | $250,000 | $45,000 | $45,000 | $10,000 | ||
| 3rd Round | $150,000 | $150,000 | $22,500 | $22,500 | $5,000 | ||
| 2nd Round | $80,000 | $80,000 | $14,000 | $14,000 | |||
| 1st Round | $50,000 | $50,000 | |||||
| TOTAL | $20m | $20m | $5m | $5m | $500,000 | $2.2m |
We can safely assume that all other three grand slams will also increase their prize money in 2018 and here is our complete breakdown of all four grand slams prize money details.
The increase see the players winning their singles qualifying round matches earning almost double what they were paid in 2017. Men’s singles qualifying round 1 winners will take home around AUD$15,000, second round winners will get $20,000 and third round winners will pocked massive AUD$30,000. Both mens and women doubles event also got increase with winners taking home $700,000 while runner ups pocketing as much as $375,000.
How much tax do the tennis players have to pay before they leave Australia ???
lol good joke. ask Google
lol asking google would be a bigger joke.
Most are registered o/seas .If they are registered as a company o/seas they don’t pay any tax
I depends on your total income. And if you have a good accountant you can write off training for the AUS open. Travel. Money you spend there. The tennis player is a company in sense and any expense you can write off comes off the top then that number gets taxed. Or they could just have a accepted tax rate Before check is cut. But only a idiot would do that even if it’s a extra 50/100,000 you pocket Why would you not write off all you can. But figure 35/38%. I assume. Cut off is a million plus income a year all the same and I personally pay 36% taxes But like I said. I write off cars. Homes. Food. Travel. Anything I can so if you make 1 million and spend 300,000 on this and that your tax is on 700,000 so that 300,000 you write off saves you 300k X 36% tax. Or a extra $108,000 in your pocket. Like I said. Only a idiot would pay all the tax and not collect the pre tax amount and write off all the spent on hotels and food and whatever because Fedderer had to spend 100,000 to keep his family there a few weeks. That’s a write off or expense
Smart Dude
I would be surprised he’s allowed to deduct for his family. Nobody forced them to be there
If the tennis player has a company then it would be registered in another country and they wouldn’t pay a cent of tax to Australia. Just like Apple and all the multinational corporations.
It’s the biggest problem with our taxation system.
The whole pay thing makes me laugh the women’s final lasted 128 minutes so the winner received approx. $30,000 per min of play for winning. The men’s final lasted 178 minutes which acquainted to approx. $22,000 per min so in terms of working time the women were paid more!!
That’s if you don’t include the entire tournament time… they play more than one match. And just so you know, many would like to change the 3-5 set format, it’s not up to the players… and at least 60 percent of the time people would like to see best of 3 not best of 5.
the 60 percent are in your brain only… never!
that’s exactly the difference between grand slams and the rest of the tournaments…
Right on. A 3/5 separates the men’s from the ladies if I can say. Or to be politically correct separated men from children…
You forgot to put in how much RALLY the women’s Game has compared to the men, Which equates to the women exerting MORE ENERGY. The men ‘s game for the most part is all SERVE and onto the next point.
I can’t believe you saying that. Ridiculous. If there is one servant onto the next point you must be speaking about Serena. As far asMORE ENERGY just analyse time played per set and you’ll have your answer…
The Grand Slam tournaments where men and women are paid equally are the exception and not the rule. Women are paid less than men throughout most of the tour despite playing the same best of 3 sets. As an example, at the Western & Southern Open, Federer was paid $731,000 after defending his title; Serena was paid $495,000 for defending her’s. I’m sure you were just as vocal about how unfair the pay disparity was there.
It’s not about pay equality but more for what fans want to pay for. Here in Montreal there is absolutely no problem to have volunteer when it’s the men’s year but when it’s the women it’s an all different story…
The work isn’t in the match. The work is in the training, and to be at the top of a game you have to dedicate your life to it, not 128 minutes
Where is Paul from Leiden ?????
Any worker dedicates at least 10hrs/day, but it is not as profitable as Nadal’s time, for example. Rewards should be proportional to finantial gains. It is clear that this should, in tennis, favour men.
the best in the womens tennis get beaten by the 300th in the mens.equal work equal pay?wot a joke.
Why do women play 2 out of 3 and get a day break in between games
And yet at other tournaments they play next day 2/3
So this should be called a minor tourney not a major,yet get paid same as men
This is a joke
Whitout being a sexist I would pay big bucks to see Nadal vs Federer but not as much for Serena vs Kerber
Women’s expenses are the same as men’s. Women don’t get discounts on coaches’ salaries, flights, accomodation, accountants etc. How can you justify paying them less ?
To win the same prize money as Williams, Federer had to play twice as many sets (28-14) and in his last two matches alone, he was on court 4.5 hours longer. Hardly equal pay.
Preparation time or energy exertion is irrelevant. The only stats that matter are total match time and total number of games. Men play about 1.67 times more games than women and that’s how the prize money should be divided. Also, most (71%) of women’s matches lasted only 2 sets whereas only 46% of men’s matches went the minimum 3 sets with 56% going for 4 or 5 sets. This then equates to greater TV viewer and spectator time, advertising money, endorsement and sponsorship exposure etc which is where the money comes from. This isn’t about gender it’s about time and money. You don’t give part timers the same take home pay as full time staff. The hourly rate may be the same but not the total pay!
Hello, just to clarify, do all the players in the first round receive the $50,000 or is this only if you win the first round?
Essentially, do you get $0 to lose in round one? Because if you flew from overseas that is a lot of costs when you may lose you first match and get no money!