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Tennis: US Open to break US$50m prize barrier

[NEW YORK] Prize money at this year's US Open will top US$50 million, organisers confirmed Tuesday, once again making the tournament the richest event in tennis.

The United States Tennis Association said in a statement that the tournament purse had been increased by US$4 million, taking it up to US$50.4 million in total.

The winners of the men's and women's singles will each pocket US$3.7 million, while prize money for each round would increase by an average of 7.5 per cent compared to 2016.

The men's and women's doubles champions would take home US$675,000 while the purse for the qualifying tournament had increased to US$2.9 million - a 49.2 per cent increase over last year.

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"Five years ago, we committed to the players that total player compensation for players would reach US$50 million at the US Open, and we are honouring that commitment," USTA chairman Katrina Adams said in a statement.

This year's US Open will be held from August 28 to September 10.