2020 Australian Open Grand Slam Tennis Prize Money Up for Grabs
See the Huge Money Tennis Players will Earn this Year at the Australian Open
The 2020 Australian Open tennis tournament for men players on the ATP circuit is taking place this month from January 20 to February 2, 2020, on the outdoor hard courts at the Melbourne Park sports center located in Melbourne, Victoria, Australia. Here is a list of the prize money up for grabs for the men tennis players at the 2020 Australian Open.
The Australian Open is the first of the four major tennis tournaments played annually. The majors are the best tennis tournaments played each year and and they also pay the most prize money. All four majors pay men and women equal amounts of prize money.
The prize money listed below is not cumulative, players only earn the amounts shown for the last round they advance to. All prize money has been converted from Australian dollars to American dollars.
Be wary of many sports outlets who do not convert the prize money from Australian dollars to American dollars. The Australian dollar is worth far less than the United States dollar and sports outlets who do not convert the prize money will make it look like the Australian Open is paying far more prize money than the tournament actually is to the players.
Total prize money up for grabs at the 2020 Australian Open for all players is a record $48.81 million. That is up 9.4% over the $44.63 million that was up for grabs for the players at this Grand Slam tennis event last year.
Listed below is the prize money up for grabs for players who reach each round. In parenthesis is the amount of money that was up for grabs for each round in last year's Australian Open.
As you can see below, the prize money amounts per round have been raised for most rounds but lowered somewhat for the winner, runner-up and in the third round.
The top ranked men players in the 2020 Australian Open are Rafael Nadal, Roger Federer, Novak Djokovic and Dominic Thiem.
The highest ranked player from the United States is John Isner ranked at #18, followed by Taylor Fritz at #29. Those are the only two American men ranked in the top 32 at the 2020 Australian Open Grand Slam tennis tournament.
Grand Slam Tennis Prize Money Up for Grabs at the 2020 Australian Open
Winner - $2.83 million (vs $2.93 million last year)
Runner-up - $1.42 million (vs $1.46 million last year)
Semifinalists - $720,000 (vs $657,000 last year)
Quarter-finalists - $360,950 (vs $328,510 last year)
Fourth Round - $206,255 (vs $185,678 last year)
Third Round - $123,753 (vs $155,000 last year)
Second Round - $88,082 (vs $74,985 last year)
First Round - $61,876 (vs $53,561 last year)
As noted above, the prize money this year has decreased slightly for the winner, runner-up and third round losers. All other rounds have been increased over last year.
Prize Money for Qualifying Rounds at the 2020 Australian Open
1st round - $13,750 (vs $10,712 last year)
2nd round - $22,344 (vs $17,854 last year)
3rd round - $34,376 ( vs $28,566 last year)
For the qualifying rounds the amounts shown are for players losing in those rounds. Players who win all three qualifying rounds advance to the main draw where they will win at least first round main draw prize money of $61,876.
As you can see above, the prize money for players playing in the qualifying rounds at the 2020 Australian Open has been increased significantly from last year. Players losing in the first qualifying round this year will receive $13,750, an increase of 28.4% over the $10,172 players got last year.
Players losing in the second qualifying round this year will receive $22,344, an increase of 25.2% over the $17,854 that players got last year.
Players losing in the third qualifying round this year will receive $34,376, an increase of 20.3% over the $28,566 that players got last year.