US Open 2023 Prize Money: Total amount and round-wise details

Total prize money

One of the four tennis Grand Slam competitions is the US Open, which is consistently one of the year's most eagerly awaited events. The competition will commemorate 50 years of equal prize money for men and women in 2023. The US Open has announced an unprecedented boost in prize money to commemorate this event.

The total prize money for the 2023 US Open is $65 million, an all-time high for the tournament. This is an 8% increase from the total prize money of $60 million in 2022.

The prize money for each round of the tournament is as follows:

• Winner: $3 million
• Runner-up: $1.5 million
• Semifinalists: $750,000 each
• Quarterfinalists: $300,000 each
• Round of 16: $180,000 each
• Round of 32: $100,000 each
• Round of 64: $58,000 each
• Round of 128: $22,000 each
• Qualifying entrants: $10,000 each

All participants in the main draw will also get a travel voucher worth $1,000 and a daily hotel room allowance of $600 in addition to the cash prizes. Additionally, the food allowance and racquet stringing for all players will increase.

From August 28 to September 10 at Flushing Meadows, New York, the USTA Billie Jean King National Tennis Centre will host the 2023 US Open. The competition is anticipated to draw the top players in the world, and it will undoubtedly be an exciting event.

The increase in prize money is a major victory for women's tennis.

A significant win for women's tennis is the rise in prize money for the 2023 US Open. Women's tennis players have historically been paid less than their male counterparts while producing an equal amount of money. Tennis' decision to equalise prize money at the US Open is a big step in the direction of gender equity. Tennis as a whole will benefit greatly from the rise in prize money. It will assist the US Open draw star players and increase the tournament's financial viability for the USTA. One of the most prominent tennis competitions in the world, the US Open is only going to increase in appeal over time.

The increase in prize money is a positive sign for the future of tennis

A promising development for tennis' future is the increase in prize money for the 2023 US Open. It demonstrates the sport's commitment to gender equity and is probably going to result in future prize money rises. Tennis players from various backgrounds will be able to participate more easily thanks to the rise in prize money. One of the most viewed sporting events in the world is the US Open, and its appeal will only increase over time. The sport will benefit greatly from the rise in prize money, which is guaranteed to draw top athletes and enthusiasts from across the world.