US economy slows to 1.6% in Q1 of '24 – BEA    EMX appoints Al-Jarawi as deputy chairman    Mexico's inflation exceeds expectations in 1st half of April    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Tennis: Australian Open prize money raised to record levels
Published in Ahram Online on 20 - 12 - 2012

Australian Open organisers increased prize money for the early losers at the opening grand slam of the season to record levels on Thursday, a move which is likely to quell player unrest and end talk of a strike
The Australian Open will now pay more prize money per round than any other tournament, with increases also coming in doubles and qualifying matches, but mixed doubles saw a money freeze.
The biggest increases were for first round losers in the men's and women's singles, who will now receive A$27,600 ($29,000), representing a 32.7 percent boost from 2012, with those exiting in the second round taking home $45,500, up 36.6 percent.
The move is likely to appease the players council, led by 17-times grand slam champion Roger Federer, who had been calling for more revenue from the four elite tournaments to be passed down to those hitting the shots.
"Our motivation is to make a major contribution toward helping ensure professional tennis players can make a decent living," Craig Tiley, the Australian Open tournament director, said in a statement.
"As we have said in the past, it is a real issue and needs to be urgently addressed throughout the sport."
In October, Tiley's team announced that the players would be vying for a share of a record A$30 million for the Jan. 14-27 event without giving the breakdown of how that money would be divided.
Serbia's Novak Djokovic and Victoria Azarenka of Belarus pocketed A$2.3 million each for their singles successes and a repeat next month in Melbourne would give them A$2.43 million.
While the multi millionaires at the top of the game will appreciate the extra rewards, the players scrambling to make the top 100 of the men's and women's rankings and those who mainly compete in doubles will be happier.
Main Draw
At the 2012 event, Israeli doubles veterans Jonathan Erlich and Andy Ram shared A$9,500 for their first-round loss to the American Bryan brothers, offering little in the way of winnings once expenses had been taken into account.
A similar result next month will see the pair collect A$12,500.
"That is why the biggest increases are in the earlier rounds, qualifying and doubles which in effect rewards a lot of the lower-ranked players for their achievements which, by the way, should not be undersold,"
"To just reach the main draw of a slam, a professional tennis player has to be among the top 100 in what is one of, if not the most, competitive professional sport in the world," Tiley added.
"At the same time, we also still want to continue to recognise the incredible drawing power and contribution of the top players."
On Monday, the men's governing body, the ATP, gave a lukewarm response to the U.S. Open increasing prize money for the 2013 edition by $4 million to a record $29.5 million.
"The ATP remains committed to continuing discussions on this issue, with the objective of ensuring that the players' share of the revenues at the U.S. Open truly reflects the value that they generate for the event," the body said.
Tiley said his team had been in full discussion with the players and tours before announcing their increases with more likely to come
"It is always a balance which is why we undertook unprecedented consultation on this subject with the tours and players who have been extremely supportive," Tiley said.
"We will not be stopping here. There will be more talks and more increases during the next four years. This is just a very positive first step."
(For more sports news and updates, follow Ahram Online Sports on Twitter at@AO Sportsand on Facebook atAhramOnlineSports)


Clic here to read the story from its source.