News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 7 years ago
Home  » Sports » A whopping 2.2 million in prize money awaits 2017 Wimbledon champ!

A whopping 2.2 million in prize money awaits 2017 Wimbledon champ!

May 03, 2017 17:26 IST
Get Rediff News in your Inbox:

In percentage terms, it is those first round losers who benefit the most -- their 35,000 pounds prize being almost 17 percent up on last year, reflecting the club's commitment to the lower reaches of tennis.

Raindrops are seen on the Wimbledon logo 

This year’s Wimbledon singles tennis champions will receive 2.2 million pounds ($2.84 million) each – a hike of 200,000 pounds for both the men’s and women’s winner, organisers said on Wednesday.

Tournament chiefs unveiled the increased winners’ cheques among an increased total prize pot of 31.6 million pounds, up from 28.1 million pounds last year.

The bigger pot benefits players throughout the draw, with first round singles losers set to walk away from the All England Club with 35,000 pounds.

In percentage terms, it is those first round losers who benefit the most -- their 35,000 pounds prize being almost 17 percent up on last year, reflecting the club's commitment to the lower reaches of tennis.

"We are proud of the important leadership role that Wimbledon plays locally, nationally, and internationally, and are committed to continuing to invest to secure the future of The Championships, and of our sport, for the years to come," club chairman Philip Brook said.

Brook said the club had "taken into account" exchange rates, but that the "Brexit effect" had not been instrumental in their calculations.

"Exchange rates go up and go down over time," he said. "In my time with the club I think all four grand slam tournaments have led on prize money, and now the U.S. dollar is particularly strong."

The pound has fallen 14 percent against the dollar since Britain's vote to leave the European Union last June.

The US Open has yet to announce its 2017 prize money.

The grass-court grand slam tournament takes place on the fringes of south-west London from July 3-16: the latest start for the tournament since 1895.

Image: Raindrops are seen on the Wimbledon logo

Photograph: Steve Bardens/Getty Images

Get Rediff News in your Inbox:
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Paris Olympics 2024

India's Tour Of Australia 2024-25