There are a lot of costs to cover, from upkeep and expansion of the grounds to marketing, insurance, USTA and tournament staff, player development, and their never-ending work to grow the sport it’s a big enterprise.ĭespite the size and scope of the USTA, they still manage to consistently dish out more prize money than any other Grand Slam. Of course, the US Open doesn’t pocket all that money. In total, the US Open generated an enormous $350 million, which is how the tournament can pay such hefty sums in prize money. Here’s how the tournament’s 2017 revenues broke down: However, they have another trick up their sleeve, membership dues from players across the country. Like other tennis tournaments, the US Open generates roughly 85% of its revenue from sponsorships, broadcasting rights, tickets, concessions, and merchandise, according to Forbes. Owned and operated by the United States Tennis Association (USTA), the US Open is one of the world’s biggest sporting events, drawing 738,000 fans in 2019 before the pandemic slowed things down for a few years. This guide shares everything you need to know about the 2022 purse, including historical data for comparison and reference. With attendance at tournaments worldwide increasing and full capacity expected for the 2022 US Open, expectations for prize money were high, and the last Grand Slam of the year delivered the goods. For 2022, this effort continues with the tournament distributing an impressive $6,250,000 in the qualifying tournament alone and final round qualifiers earning $44,000. In 2021, the USTA adjusted its allocation of prize money to better support lower-ranked players participating in qualifiers and earlier rounds in the main draw. Both of these sums represent a 4% increase over the prior year.įor the doubles event, the winning pairs will earn $688,000, and the teams in the runner-up position will split $344,000 for a 4% jump for both over last year’s event, just like in singles. Men and women earn equal prize money at the US Open, so singles champions will take home a massive $2,600,000 paycheck, while the runner-ups will walk away with an equally impressive $1,300,000. Member FDIC.The 2022 US Open in Flushing Meadows, New York, is scheduled to take place from Monday, August 29 to Sunday, September 11, and this year prize money hits a record high of $60,000,000, which translates to €60,419,700 and £50,988,000, a 4% increase over 2021.Īs one of the world’s most prestigious Grand Slam tournaments, the US Open continues to deliver the most prize money of any single event on the ATP and WTA tours, and this year they don’t disappoint. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Products not available in all states.īank deposit accounts, such as checking and savings, may be subject to approval. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. Insurance products are made available through Chase Insurance Agency, Inc. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Past performance is not a guarantee of future results. Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved. ![]() ![]() ![]() "Chase Private Client" is the brand name for a banking and investment product and service offering, requiring a Chase Private Client Checking℠ account. is a wholly-owned subsidiary of JPMorgan Chase & Co. “Chase,” “JPMorgan,” “JPMorgan Chase,” the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A.
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