In a historic move, the 2023 Wimbledon tournament will feature a total prize money of £50m, setting a new record for the prestigious event. The winners of the men’s and women’s singles titles will each take home £2.7m, a significant increase from last year’s prize money.
Last year’s champions, Carlos Alcaraz and Marketa Vondrousovan, received £2.35m each, which was then a record amount. The prize money for the wheelchair events has also seen a 35% increase, with the total fund reaching £1m. This increase is partly due to the expansion of the draw size for these events.
Debbie Jevans, the chair of the All England Club, emphasized the importance of giving back to the players from the profits generated by the Grand Slam tournaments. She highlighted the significant contributions made to the players and the sport of tennis as a whole.
The total prize money for the tournament has increased by 11.9% from the previous year, with even first-round singles losers set to receive £60,000, a £5,000 increase from before. This boost in prize money has resulted in a total pot of £5.3m higher than last year and a doubling of the amount since 2014 when it was £25m.
Additionally, the money allocated for the qualifying competition will see a 14.9% increase, providing more opportunities for players to participate and earn from the tournament. Last year, Spain’s Alcaraz made history by winning the men’s singles title for the first time, defeating the reigning champion Novak Djokovic in a thrilling final.
Vondrousova also created history by becoming the first unseeded player to clinch the women’s singles title, beating Ons Jabeur in a remarkable performance. The upcoming Wimbledon tournament is set to commence on 1st July and will run until 14th July, featuring top players from around the world competing for the prestigious titles and the lucrative prize money.