Key facts
- Wimbledon's total prize money for 2024 is £64.2 million ($85.74 million), a 20% increase.
- Singles champions will each receive £3.6 million.
- First-round losers will receive £80,000.
- The qualifying draw prize money has increased by 25% to £6.2 million.
- Wimbledon rejected players' demands for a larger share of tournament revenue.
- Players are seeking 22% of Grand Slam revenues for prize money.
Wimbledon has announced a record 20% increase in prize money for the 2024 championships, with the total prize fund reaching £64.2 million ($85.74 million). This follows pressure from top players, including Jannik Sinner and Aryna Sabalenka, who are seeking a greater share of Grand Slam revenues.
Singles champions will each receive £3.6 million, a 20% rise, while runners-up will earn £1.8 million. First-round losers will see an increase to £80,000, and the qualifying draw prize money has been boosted by 25% to £6.2 million.
Despite the substantial increase, Wimbledon has rejected calls from players to allocate a larger percentage of revenue to prize money. Players are reportedly asking for prize money to represent 16% of revenue this year, gradually increasing to 22% by 2030. They also seek contributions to welfare costs and greater input into tournament operations.
All England Club chairman Debbie Jevans stated that the prize money increase recognizes player investment and that revenue alone does not account for the tournament's investments, emphasizing Wimbledon's non-profit status and reinvestment into the sport. Wimbledon chief executive Sally Bolton has engaged in dialogue with Larry Scott, who is negotiating on behalf of the players.