French Open has got yet another prize money hike for 2018 tournament and it was announced that there will be an 8% increase in the total prize money fund for this year’s event take total purse to €39 million ($48m). The biggest increase was for the singles first round where 14.29% increase means first round losing players will get €40,000 ($47,500). While the winners of man’s and woman’s singles event will pocket as much as €2.2 million ($2.7m) each. Below is the entire breakdown of 2018 French Open Prize Money fund.
2017 French Open Prize Money – Breakdown
A total of €3 million increase see the prize money pool reach €39 million. Men & Women singles winner will earn massive €2.2 million each while the runners up in both men and women singles category taking home around €1.12 million. Total prize money allocated for singles event is increased from €23 million to massive €26 million (€13m for mens singles and €13 for women’s event).
The biggest increase will be for the qualifying rounds where losing players of first round in qualifying will get €6,000 each followed by €11,000 for losing players in qualifying round 2 and finally a massive €21,000 for losing players in third round of qualifiers. Thats on average 15% increase in prize money for qualifiers.
below is the breakdown of Prize Money in all categories and stages of the competition.
See Also: Compare prize money of grand slams
|STAGES||Mens Singles||Women Singls||Mens Doubles||Women Doubles||Mixed Doubles||Legends||Wheelchair|
In 2015 the euro dropped significantly compared to USD, Leaving French Open trailing other grand slams by a big margin in terms of total prize money pool. However French open authorities announced another 14% hike in total prize money pool in 2016, Followed by another 12% increase in 2017 and this year 8% increase takes French Open prize money pool to just around same numbers as US Open and Wimbledon. .
The increase in prize money is part of the 5 year plan (2015 to 2019) where every year there will be minimum 10% increase taking French Open Prize Money pool to somewhere between €40-€42 million by 2019.