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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
FinanceTennis

The U.S. Open is handing out $75 million in cash prizes and tennis’s biggest stars are set for a record payday

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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August 26, 2024, 11:43 AM ET
Novak Djokovic is a defending U.S. Open champion this year.
Novak Djokovic is a defending U.S. Open champion this year. Sarah Stier—Getty Images
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The U.S. Open gets underway in New York Monday—and the fourth and final Grand Slam tournament of the year is, in many ways, the biggest.

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Wimbledon might have more name recognition—and maybe even more prestige among some fans—but when it comes to cash in pocket for the highest profile winners, Queens is the place to be.

The US Open has the highest individual prize money of all four of the Grand Slams this year. Players will be competing for a share of a $75 million purse. That’s 15% higher than last year. Who earns what and how does it compare to other Grand Slams? Here’s how it shakes out.

When does the U.S. Open run?

The US Open gets started on Aug. 26 and will run through Sept. 8.

How much do the U.S. Open men’s and women’s champions earn?

Both the men’s and women’s champions will pocket $3.6 million this year, a 20% increase from last year. Novak Djokovic and Coco Gauff are the defending champs. Runners up will receive $1.8 million.

All players who advance to higher rounds will see larger payoffs, though. Reaching the first round of the Main Draw will pay $100,000 for the first time, a 23% jump over the 2023 amount. Semifinalists will walk away with $1 million, while quarterfinalists will earn $530,000.

How much do the U.S. Open doubles champions earn?

Men’s and women’s doubles champions will receive $750,000, which will be split between the team. That’s a 7% increase over 2023.

How much do the U.S. Open mixed doubles champions earn?

Mixed doubles champions draw the (relative) short straw, receiving $200,000. That is, however, 17% more than they earned a year ago.

How do the U.S. Open prize purses compare to other Grand Slam tournaments?

Amounts vary by tournament. Here’s what the winners have walked away with at the year’s other Grand Slams. All amounts are in U.S. dollars.

Australian Open

Singles winners: $2,135,606

Doubles winners: $494,918

French Open

Singles winners: $2,679,708

Doubles winners: $658,762

Wimbledon

Singles winners: $3,562,056

Doubles winners: $857,532

How can I watch the 2024 US Open?

ESPN will carry this year’s tournament.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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