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US Open will offer only a 5% reduction in prize money from 2019 levels and will also give millions to the ATP and WTA to prop up the tours financially.

So it looks like the "selfish" US Open is using the money to contribute millions to save the game of pro tennis. 7.6 Million dollars in total in 2020


USTA said:
The USTA has reaffirmed its financial commitment to player relief efforts in the aftermath of the COVID-19 pandemic with its announcement of the total player compensation for the 2020 US Open.

Players at this year's tournament will be compensated with a total amount of $53.4 million, which represents nearly 95 percent of the record sum that was distributed in 2019. In the men's and women's singles draws, first-round prize money has increased by 5 percent from 2019 - to $61,000 from $58,000 - while second- and third-round prize money remains unchanged. In men's and women's doubles, prize money for the rounds of 32, 16 and the quarterfinals also remains unchanged from a year ago.

In all, the combined singles and doubles purse totals more than $43 million. In addition, the USTA has dedicated a total of $7.6 million towards further monetary assistance for players who have seen their earning opportunities reduced this year as a result of the nearly five-month suspension of international tennis.

Having previously contributed $1 million to the sport's organized Player Relief Program earlier this year, the USTA will provide an additional $6.6 million in grants and subsidies as a result of its decisions to not hold a qualifying tournament, and reduce the doubles draws, at this year's US Open.

These funds will be allocated equally between the WTA and ATP tours, with each organization determining how they will be distributed to players and/or utilized to create other playing and earning opportunities.

“We’re proud to be able to offer a player compensation package that maintains nearly 95 percent of the prize pool from 2019,” said Mike Dowse, USTA Chief Executive Officer and Executive Director. “The prize money distribution for the 2020 US Open is the result of close collaboration between the USTA, WTA and ATP, and represents a commitment to supporting players and their financial well-being during an unprecedented time.”

Round-by-round individual prize money for the US Open is as follows:

Singles:
Winner: $3,000,000
Runner-Up: $1,500,000
Semifinalist: $800,000
Quarterfinalist: $425,000
Round of 16: $250,000
Round of 32: $163,000
Round of 64: $100,000
Round of 128: $61,000

Doubles (each team):
Winner: $400,000
Runner-Up: $240,000
Semifinalist: $130,000
Quarterfinalist: $91,000
Round of 16: $50,000
Round of 32: $30,000

Click here for the complete allocation of prize money.

The 2020 US Open is scheduled to begin on Aug. 31, running through Sept. 13.
 

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Simply incredible job. It was the highest revenue generator of all tennis tournaments in the world, last year. Kudos for USTA's efforts in making this event happen.

With respect to prize money, they said it in the press conference in June that they are going to nearly match to what they paid last year.

 

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And all that without cancelling months in advance so insurance could be gotten and Mirka's husband shaky records kept a few months longer.
 

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US Open will offer only a 5% reduction in prize money from 2019 levels and will also give millions to the ATP and WTA to prop up the tours financially.

So it looks like the "selfish" US Open is using the money to contribute millions to save the game of pro tennis. 7.6 Million dollars in total in 2020
I prefer Wimbledon's 13 million 'free' prize money for hundreds of players instead of funding the governing bodies making a mess of pro tennis.
 

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USTA really have changed my mind over this couple of months . So much enthusiam to get tennis back on track and they are actually doing it against my odds and almost everyone's . With fiascos all over sports . With balls and determination. Getting a fair deal for everyone, to convince players to show up in these times . Nothing but admiration now . I thought a heck lot more players were about to jump ship. Still thinking it's a risk but now worth taking , see what happens
 
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