Melbourne, Dec 21 (IANS) The Australian Open, the first Grand Slam tournament of the tennis season which will be held between January 16-29, will increase its prize money by 14 percent compared to the previous year, the tournament’s organisers announced on Wednesday.

The new amount will reach 34.8 million euros ($36.2 million), while the winners of the men and women singles will earn 2.5 million euros ($2.6 million) each, reports Efe.

Those eliminated from the first round will earn 34,000 euros ($36,000), while those defeated in the third round will get 90,500 euros ($94,292).

The prize money in the preliminary rounds has also increased, as those eliminated from the qualifying competition will receive 17,400 euros ($18,129).

  • SHARE
    The IANS was founded by Indian American publisher Gopal Raju as the India Abroad News Service. It was later renamed the Indo-Asian News Service.

    Related Posts

    Irfan Pathan | Indian cricket team |

    Nehra Has Shown That Anyone Can Make A Comeback: Irfan Pathan

    More than the form, it is the lack of opportunities that should be blamed for Irfan Pathan playing last international game for India way back...
    Chris Lynn | BBL | Brisbane Heat |

    Brisbane Heat Retain Chris Lynn For Record Price

    Chris Lynn may be battling with injuries for few months, but it has had no impact on BBL franchise Brisbane Heat showing a keen...
    Brendon McCullum | IPL 10 |

    Rangpur Riders Sign Brendon McCullum For Upcoming BPL Season

    Brendon McCullum, the former New Zealand skipper, is all set to play in the Bangladesh Premier League (BPL) as the right-handed batsman has signed...

    Aiden Markram Called In For Third ODI In Place Of Rested Hashim Amla

    The right-handed batsman Aiden Markram has been called to the South Africa's ODI squad for the third and the final ODI of the series...

    WWE News: Shane McMahon Confirmed Return To Smackdown Next Week

    Shane McMahon has been absent on Smackdown Live ever since suffering the loss at the hands of Kevin Owens at Hell in a Cell....