Wimbledon announces huge prize money increase for 2024 Championships

Wimbledon has announced a staggering increase in prize money for the 2024 Championships, with a new record of £50m set to be dished out in winnings at the All England Club this summer.

The most notable increase comes for the winners of the men’s and women’s singles titles at SW19 , with this year’s champions set to receive an eye-watering £2.7m for claiming the singles trophies.

That is an increase of 15% on what Carlos Alcaraz and Marketa Vondrousova collected for their respective victories last year, with the Spaniard and Czech having taken home £2.35m a year ago.

Beaten finalists will collect £1.4m – an astonishing increase of 19% compared to 12 months ago – while there has been an increase across all singles rounds.

Players who lose in round one will this year receive £60,000, an increase of nine percent compared to last year – and a substantial paycheck for those who come through qualifying or received main draw Wildcards.

Last year, players who lost in the first round received £55,000.

Top 10 combined tennis prize-money earners in 2024: Iga Swiatek ahead of Jannik Sinner and Carlos Alcaraz

There has also been a significant increase in prize money for the wheelchair events, which take place during the second week of the Championships.

The total prize money pool for those events has increased by 35% to £1m, with an expanded field in the wheelchair events this year – mirroring the growth of these events at other Grand Slams.

The overall prize money pot is a significant increase on the £44.7m handed out last year and is around a £4m increase on the prize money pot for the French Open , which concluded last weekend.

The announcement ramps up anticipation for the third Grand Slam of the season, with fascinating men’s and singles draws set.

In the men’s draw, all eyes will be on whether Alcaraz can complete the ‘Channel Slam’ and win back-to-back major titles for the first time in his career.

The Spaniard will be among the heavy favourites to defend his title at the All England Club, though will face stiff competition from new world No 1 and projected top seed, Jannik Sinner .

Iga Swiatek will be the focus of attention in the women’s draw, as the Pole looks also to complete the French Open-Wimbledon double – and win her first SW19 title.

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World No. 1 Swiatek reached the quarter-final of Wimbledon for the first time a year ago, and all eyes are on how she will fare on what has perhaps been the weakest surface for her in the past.

New world No. 2 Coco Gauff is likely to be the second seed at a major for the first time, while two-time semi-finalist Aryna Sabalenka and 2022 champion Elena Rybakina are also among the leading contenders.

Full singles draw prize money figures

R1: £60,000
R2: £93,000
R3: £143,000
R4: £226,000
QF: £375,000
SF: £715,000
F: £1,400,000
W: £2,700,000