US Open tennis tournament sets record US$108 million prize purse

The US Open has announced a record prize purse of US$108 million for its 2024 edition, underscoring the major tournament's continued financial growth and commitment to prize money equity. The event, scheduled to run from August 23 to September 13 in New York, will see the men's and women's singles champions each pocket US$5.5 million—a significant increase reflecting broader efforts to enhance compensation across professional tennis.

The record purse represents the US Open's largest prize fund to date and signals the tournament's position as one of the sport's most lucrative events. The equal prize money for men's and women's champions reflects the tournament's long-standing commitment to gender parity, a principle the US Open established over two decades ago.

The substantial increase in total prize money ensures that players across all categories—from qualifying rounds through to the championship finals—benefit from enhanced compensation. This development comes as major tennis tournaments globally continue to boost prize purses in response to the growing professionalization and global appeal of the sport.

The US Open remains one of four Grand Slam tournaments on the professional tennis calendar and attracts the world's top players annually. The record prize fund demonstrates the tournament's enduring commercial success and its role in shaping compensation standards across professional tennis.