Australian Open 2026 announces record prize money for players

Players competing at this year’s Australian Open will be playing for the biggest prize pool in the tournament’s history. Organisers have confirmed a major increase in total prize money, making the event even more rewarding for players across all rounds. The rise highlights the growing financial strength of the season’s first Grand Slam.

The total prize pool has been increased by 16 percent to AUD 111.5 million, which is around USD 75 million. Both the men’s and women’s singles champions will earn AUD 4.15 million each, a significant jump from last year. This increase reflects the tournament’s push to reward top-level performance equally.

Even players who exit early will benefit from the hike. First-round losers in the main draw will receive AUD 150,000, while players knocked out in the opening round of qualifying will still take home AUD 40,500. The move ensures financial support is spread across the entire field.

Tennis Australia Emphasises Support for Players at Every Level

Tournament director Craig Tiley said the changes underline Tennis Australia’s long-term vision for the sport. "From boosting qualifying prize money by 55 percent since 2023 to enhancing player benefits, we're ensuring professional tennis is sustainable for all competitors," he said.

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Tiley also stressed the importance of building depth in the game rather than focusing only on elite players. "By supporting players at all levels, we're building deeper talent pools and more compelling storylines for fans."

The Australian Open will begin on January 18 at Melbourne Park. The defending champions, Jannik Sinner and Madison Keys, are expected back to defend their titles, as the tournament is expected to witness some great tennis.