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View Full Version : US Open Increases Prize Money; Singles Winners Could Earn Up To $2.2 Million


lizchris
Jul 7th, 2005, 10:04 PM
Updated: 03:15 PM EDT

Prize money up more than $550,000 at U.S. Open; could top $20 million

WHITE PLAINS, N.Y. (AP) - Total U.S. Open prize money is rising more than $550,000 from last year to at least $17.74 million, and the men's and women's singles champions will each get a record $1.1 million.
The overall payout for singles players will increase 4.6 percent, the U.S. Tennis Association announced Thursday.

In 2004, the singles champions each received $1 million of the total $17.17 million, a figure that includes per diems given to players but doesn't include the roughly $500,000 fees given to the ATP and WTA tours.

The total prize money could eventually top $20 million, because the top three men and women in the summer circuit US Open Series will receive bonuses. The No. 1 performers in the US Open Series will double their Grand Slam prize money, so if they win the Aug. 29-Sept. 11 tournament, they'll earn $2.2 million:eek: :eek: .

Last year, $459,000 in US Open Series bonuses were distributed.



07/07/05 15:12 EDT

Copyright 2005 The Associated Press

tenn_ace
Jul 7th, 2005, 10:21 PM
this is becoming totally pathetic. does anyone in their right mind think that 2 weeks of work is worth a GDP of some small African country? :rolleyes:

Knizzle
Jul 7th, 2005, 11:40 PM
this is becoming totally pathetic. does anyone in their right mind think that 2 weeks of work is worth a GDP of some small African country? :rolleyes:

They will make so much more money off of that event so that winners check will be like a drop in the bucket.

FaceyFacem
Jul 7th, 2005, 11:48 PM
people will pay to be entertained, if that's the going rate, so be it, i'm jealous i can't make millions playing tennis!!

ezekiel
Jul 7th, 2005, 11:53 PM
wow, let's go girls :bounce:

ezekiel
Jul 7th, 2005, 11:55 PM
oh oh :confused:
and the men's and women's singles champions will each get a record $1.1 million.

I think it means both winners gets 2.2$ mil combined

jbone_0307
Jul 7th, 2005, 11:58 PM
this is becoming totally pathetic. does anyone in their right mind think that 2 weeks of work is worth a GDP of some small African country? :rolleyes:


If they can afford it, then so be it. Please say the same think for some of the lucrative contracts that basketball and baseball players have. A-Rod, cough 250 million dollars. :rolleyes: Makes this look like choke change.

tennisbum79
Jul 7th, 2005, 11:59 PM
The US Open may not be the most prestigious tournament, but it is the fairest in terms of prize money distribution among the genders.

When Davenport or Venus come to play the US Open, they don't have to concern themselves with parity, they can just stick to tennis and the competition during their news conferences.

jbone_0307
Jul 7th, 2005, 11:59 PM
oh oh :confused:

I think it means both winners gets 2.2$ mil combined


No, if the singles winner wins the US. Open Series then their paycheck will double.

tennisbum79
Jul 8th, 2005, 12:19 AM
this is becoming totally pathetic. does anyone in their right mind think that 2 weeks of work is worth a GDP of some small African country? :rolleyes:

Although I do not totally disagree with you, I think you are targeting the wrong sport. Team sports such as football, baseball, and basketball pay their player much more than Tennis.
One thing you ought to keep in mind is that tennis is a true meritocracy sport.
The better you do in the competition, the bigger the purse; which is not the case

in those other team sports I cited earlier. Contracts valued at 100's millions are signed ahead of time for multiple years. The pay does not decrease with the performance degradation. The worse that can happen to a player with big contract and mediocre performance is a trade.
Tennis players really work hard for what they earn. And they rely solely upon themselves. In Wimbledon, Venus sweated it out by herself this year, as did Maria in 2004 and Serena in 2003.Whereas in team sport you still have a paycheck on while on disable list or on the bench, in tennis, if you do not enter tournaments and play, you donít make money.


So although I agree with the fact that there is too much greed in sport, tennis is not a good example to illustrate that fact.

Wiggly
Jul 8th, 2005, 12:31 AM
This is getting ridiculous, they can said they work hard sinc ethey was kids but a normal week is like 1on match by 2 days (like 1h30) and others day are training between 3 and 5 hours...

90% of normal peoples work harder...

Havok
Jul 8th, 2005, 12:35 AM
Woah, so from last year's US Open s eries winner getting 50% more, this year it goes to 100% more of whatever they earn at the US Open. That's pretty good, considering tv viewers spiked during the us open series last year and it really seemed to work, so it only makes sense to give bonuses to the players who do well during the lead up events.

Stamp Paid
Jul 8th, 2005, 12:37 AM
this is becoming totally pathetic. does anyone in their right mind think that 2 weeks of work is worth a GDP of some small African country? :rolleyes:

I know, right. :rolleyes:

BTW, what are you doing to help said nations in their plight?

mboyle
Jul 8th, 2005, 03:24 AM
They will make so much more money off of that event so that winners check will be like a drop in the bucket.

The sad thing is, yes the winners get paid bundles, but the first round losers barely break even, and the qualifiers lose money a lot of the time.:sad: The Open pays just 5% of its earnings to the players:eek: .

Rtael
Jul 8th, 2005, 03:47 AM
You're really missing the point with the prize money thing. At most a tennis player can play 10-12 years with the rare exception of a Navratilova and probably atleast some of that time will be excepted for injuries/personal issues etc. What is the player supposed to do after they retire? They certainly won't have any marketable job skills unless they attended college, which few do. Would you like to see them broke at 50, and working for minimum wage at McDonald's?

Timariot
Jul 8th, 2005, 04:31 AM
Golf pros get MUCH more dinero...

Xanadu11
Jul 8th, 2005, 04:38 AM
wow thats alot of money :eek:

morningglory
Jul 8th, 2005, 06:35 AM
WOW!!! someone do a google, please, but I think that's gotta be the biggest tournament paycheck in tennis history ever! isn't it? 2.2 million

10nisfanofruz
Jul 8th, 2005, 12:22 PM
Golf pros get MUCH more dinero...
They shouldn't :shrug:
I think that Tennis pros deserve to get high prize money. Why not? ;)
What do you think why they increase Prize money?

JohnBoy
Jul 8th, 2005, 01:14 PM
Good to see that the U.S Open along with the Australian Open offer equal prize money !!

ali
Jul 8th, 2005, 01:22 PM
One thing you ought to keep in mind is that tennis is a true meritocracy sport.
The better you do in the competition, the bigger the purse; which is not the case in those other team sports I cited earlier......
Totally agree. Its a massive amount of money but not when compared to other sports stars, and it is dependent upon being the best player in the world (or for 2 weeks at least! ;) ). The players also have to pay for coaches, hotels, flights etc out of their winnings. Compare that to some football players who are given a fixed weekly salary and they get paid whether they're playing or not! Steven Gerrard has a new salary for £100k a week! :eek: If he is out injured for the whole season or loses his form, he'll still get £400k per month - more than half a million dollars! A month! He also doesn't have to pay for any coaching, travel or accomodation.

Jem
Jul 8th, 2005, 01:52 PM
Good to see that the U.S Open along with the Australian Open offer equal prize money !!

The Open has offerred equal prize money for decades. You can even go back to 1973 when Margaret Court beat Evonne Goolagong in the final and got $25,000 first prize -- the same as the men's champion, Ilie Nastase. It was good to see the Australian Open come on board last year. I'm guessing it will be sometime before the the French and Wimbledon do likewise -- they don't seem to think much of women.

goldenlox
Jul 8th, 2005, 03:19 PM
A player will only get $2.2 million if they win the summer series and the title.
That would be an elite player, who's already a multi-millionaire.

They should at least increase the money for the 64 players who don't reach the second round.
Up it to $30,000 or so.