A Look At The Australian Open 2024 Prize Money On Offer

Tennis fans have been glued to the riveting action in the ongoing Australian Open, the first Grand Slam of 2024. With the tournament now at its business end, the tennis fraternity awaits its first Grand Slam champions for the year across all disciplines. However, before taking a look at the prize money on offer for the winners in 2024, let us have a glance at the history of the Australian Open.

One of the four Grand Slam competitions in the world of tennis, the Australian Open was held for the first time in 1905. Until 1987 it was played on grass courts. However, since then two types of hard court surfaces have been used — the green-coloured Rebound Ace till 2007, and the blue Plexicushion since 2008.

The Australian Open holds the record for being the highest-attended Grand Slam event, with more than 902,000 attendees in the 2023 edition. Serbian ace tennis player and one of the modern-day greats, Novak Djokovic, has won the most men’s singles titles at this Grand Slam with 10 wins to his name. Among the women, yesteryear Australian player Margaret Court has won the most titles in the singles discipline (11 wins).

With a rich legacy of over a century, the Australian Open also offers one of the highest payouts in the world of sports. As such, here is everything you need to know about the prize money pool of the Australian Open 2024, the schedule and venue for the final, and where to live stream the matches.

All you need to know about the Australian Open 2024

How much prize money is on offer at the Australian Open 2024?

Australian Open 2024 prize money
Picture Credits: Courtesy Australian Open/Instagram

According to reports, the prize money pool for the Australian Open 2024 stands at around a staggering USD 57 million (nearly MYR 269 million). The figure has seen a 13 per cent increase from the 2023 edition.

From this prize money pot, the winners of the men’s and women’s singles disciplines will be rewarded with an estimated USD 2.1 million, while the runners-up in each of the divisions will receive USD 1.1 million. The losing semi-finalists will each get to take home USD 652,354.

Likewise, in the men’s and women’s doubles categories, the winners will receive USD 481,029, and the runners-up will get USD 263,578. The players, who get ousted from the semi-finals in both categories, will pocket USD 149,910 each.

In the mixed doubles category, the winners will get a sum of USD 108,726, while the runners-up will receive USD 61,941. The players bowing out from the semi-finals will receive USD 32,947 each.

A look at the date and venue for the final of the Australian Open 2024

Australian Open 2024 prize money
Picture Credits: Courtesy Australian Open/Instagram

The Australian Open 2024, which commenced with its first-round matches on Sunday, 14 January, will conclude with the final of the men’s singles event on Sunday, 28 January. The summit clash will be played at the iconic Rod Laver Arena in Melbourne Park, Australia.

Where can you live stream the final of the Australian Open 2024?

Australian Open 2024 prize money
Picture Credits: Courtesy Australian Open/Instagram

Like the rest of the tournament, tennis fans in Malaysia can live stream the final of the Australian Open 2024 on beIN Sports, the official broadcaster of the competition in this region.

(Main and Featured Images Credits: Courtesy Australian Open/Instagram)

Frequently Asked Questions (FAQs)

– When is the final of the Australian Open 2024? 
The Australian Open 2024 will conclude with the men’s singles event final on Sunday, 28 January.

– What is the prize money on offer at the Australian Open 2024? 
The total prize money pool at the Australian Open 2024 stands at around USD 57 million (nearly MYR 269 million).


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