US Open 2017 to top $ 50 million prize barrier

New York [US], July 19 (ANI): The total prize money for this year's US Open will be USD 50.4 million, which makes it the first tennis tournament in history with the total prize-money compensation topping USD 50 million.

The United States Tennis Association (USTA) announced on Tuesday that winners of the men's and women's singles event will each get a prize reward of USD 3.7 million.

The total purse has increased about USD 4 million from a year ago, or roughly nine percent.

"Five years ago, we committed to the players that total player compensation for players would reach USD50 million at the US Open, and we are honoring that commitment," said USTA president Katrina Adams.

The singles competition has seen an increase of 7.5 percent per round from last year, and the overall doubles prize money is increasing by 8.6 percent, with the men's and women's double champions taking home USD 675,000, which is the highest in US Open history.

2017 US Open Prize Money

Singles---

Winner: USD 3,700,000

Runner-Up: USD 1,825,000

Semifinalist: USD 920,000

Quarterfinalist: USD 470,000

Round of 16: USD 253,625

Round of 32: USD 144,000

Round of 64: USD 86,000

Round of 128: USD 50,000

Doubles---

Winner: USD 675,000

Runner-Up: USD 340,000

Semifinalist: USD 160,000

Quarterfinalist: USD 82,000

Round of 16: USD 44,000

Round of 32: USD 26,500

Round of 64: USD 16,500 (ANI)

This story has not been edited. It has been published as provided by ANI