Australian Open prize money hits record high

Representational images. Pic/iStock

Players at January's Australian Open will be competing for a record prize pool with organisers on Friday announcing a 13 per cent boost in the total purse to Aus$86.5 million (approx Rs 490cr).

Also Read: World No. 1 Djokovic taking it season by season Down Under

The winners of the men's and women's titles at the first Grand Slam of the year will both take home Aus$3.150 million (approx Rs 17.80cr), with players beaten in earlier rounds, and qualifying, faring better than ever.

Those crashing out in round one will receive Aus$1,20,000 (approx Rs 67.78 lakh), up 13 per cent.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever