Click here to find out more info. Read more: Exclusive: Air quality expert warns players to consider not taking part in Australian Open. The singles champion will take home $2,853,100 (A$4,120,000), while the runner-up will receive $1,430,012 (A$2,065,000). The prize money in Melbourne has nearly tripled from AUD $25 million (USD $17,452,371) in 2011. Read more: Australian Open 2020 draw: Who Roger Federer, Novak Djokovic and Rafael Nadal could face en route to the final. The doubles champions will receive $526,300 (A$760,000) per team, with the runners-up earning $263,150 (A$380,000). To find out more about our use of cookies and how you can disable them, please see our Privacy Policy. We strongly believe in growing prize money at all levels of the game and we will continue to work with the playing group to create viable career paths in the sport and enable more players to make more money.”, READ: Roger Federer Calls 2019 A 'great' Year After Defeating Rafael Nadal, Novak Djokovic, READ: Mahesh Bhupathi: Young Players Need Expert Coaches To Rise In International Level, Hansa exposes ‘money-trail’ claim, slams allegation of illegal transaction with Republic, Fake case against Republic falls apart after auditors clear Hansa Vision-Republic deal, Palghar lynching: Ex-CBI dir Nageshwar Rao seeks cops to be booked for abetment to murder, Australian Open: Record $71 million in prize money for winners of 2020 edition, First round qualifiers – $20,000 up 33.3 percent, First round main draw singles players – $90,000 up 20 percent, Players reaching the second round – $128,000 up 21.9 percent from $105,000, Semifinalists will earn $1.04 million, up 13 percent. Here is a look back at Kenin's fantastic run to victory on Saturday and a recap of the prize money details for the competition. Tournament director Craig Tiley said: “We worked with the tours to establish the weighting for prize money increases round by round, and we pushed to reward players competing early in the tournament in both singles and doubles. Prize Money $ AUD Prize Money $ USD Prize Money £ GBP Yearly Increase vs 2019 Winner $190,000 $131,574 £101,656 2.70% Runner-up $100,000 $69,249 £53,503 5.26% Semifinal $50,000 $34,625 £26,751 5.26% Quarterfinal $24,000 $16,620 £12,841 4.35% Round 2 Will be used in accordance to our Privacy Policy. Since then, the French Open (2006) and Wimbledon (2007) have also made their payouts equal between the men and women, giving all four grand slams equal prize money. Players will receive $207,750 (A$300,000) for reaching the fourth round, $124,650 (A$180,000) for reaching the third round and $88,640 (A$128,000) for reaching the second round. READ: Roger Federer Wins Hearts By Meeting Dorothea, His 107-year-old Argentinian Super Fan, The prize money was announced on Tuesday and Craig Tiley, the AO tournament director said, "We have long been committed to improving the pay and conditions for a deeper pool of international tennis players, in fact since AO 2007 prize money has more than tripled from $20 million to the $71 million for 2020 we are announcing today.

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