"The players have been lobbying for a greater share of the money made by those organising the grand slam championships since last year's French Open when a delegation, including Carlos Alcaraz, Jannik Sinner, Aryna Sabalenka and Coco Gauff, urged executives from all four tournaments to increase their prize funds to 22% of revenue by 2030, which would be in line with ATP and WTA Tour events."
"Alcaraz will receive AUS$2.8m (1.43m) for completing the career grand slam by beating Novak Djokovic in Melbourne on Sunday as part of a record Australian Open prize fund of AUS$85m, the second highest of the majors after the US Open. Despite being a significant increase it remains about 16% of the tournament's income. At Wimbledon last year, the total prize pot of 50m was 12.3% of the Championships' 406.5m revenue."
Top-10 male and female tennis players rejected an offer from the grand slams to set up a player council and turned down a proposed meeting at Indian Wells. The players demanded substantive responses to proposals on prize-money, fair shares of grand slam revenues, and contributions for player health, welfare and benefits before meeting. A delegation including Carlos Alcaraz, Jannik Sinner, Aryna Sabalenka and Coco Gauff pushed for grand slams to increase prize funds to 22% of revenue by 2030, matching ATP and WTA events. The Australian Open’s AUS$85m fund equated to roughly 16% payout; Wimbledon’s payouts were about 12.3% of revenue.
Read at www.theguardian.com
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