French Open kitty goes up to $34.5 million, up by over 10% | sports | Hindustan Times
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French Open kitty goes up to $34.5 million, up by over 10%

sports Updated: Apr 16, 2014 13:31 IST

Prize money for this year's French Open will top €25 million ($34.5 million), more than 10% up on 2013, the French Tennis Federation announced on Tuesday.

The men's and women's singles champions will each receive €1.65 million, a 10% increase on last year's top prize.

But the main increases are for the early losers, as those who fail to progress beyond the second, third and fourth rounds will receive prize money worth between 20 and 25% more than in 2013.

As last year, an extra three million euros is up for grabs compared to the year before.

"This considerable increase in the prize money for Roland-Garros is in line with the four-year plan drawn up for the period 2013 to 2016," tournament director Gilbert Ysern explained. "It is especailly aimed at those players who are knocked out in the first week."

The increase brings the French Open into line with the other Grand Slam tournaments, with this year's Australian Open offering prize money of 33 million Australian dollars ($30.98 million, €22.4 million).

In 2013, Wimbledon prize money rose to £22.56 ($37.7 million, €27.34 million) and the total US Open kitty was worth $33.6 million (€24.28 million).