Australian Open increases prize money

The prize money at the Australian Open has increased to more than £38 million. It is a 14 per cent increase on the previous prize fund for the tournament which begins on January 20 in Melbourne. Tournament director Craig Tiley said: "We worked with the tours to establish the weighting for prize money increases round by round, and we pushed to reward players competing early in the tournament in both singles and doubles. "We strongly believe in growing prize money at all levels of the game and we will continue to work with the playing group to create viable career paths in the sport and enable more players to make more money." Singles champions will win £2.21m. Source- News chain

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