The 2022 US Open has set a record $60.1 million in total player compensation as per the US Tennis Association on Thursday. The tournament will be awarding $2.6 million to the singles champion, twice the runner-up total. The prize money leaps over the old mark of $57.5 million from last year, with a focus on improving payouts for players in early rounds. 

That means a gain of $80,000 for each singles competitor in the main draw first round and $121,000 in the second round. These figures are hikes of 85% and 57% respectively since 2016. The USTA arrived at the figures after working with the WTA and ATP Player Councils. There will be more than $6.25 million distributed in qualifying rounds.

Doubles champions will be paid $688,000 per team, twice what the runner-up duo will receive. Main draw matches for this year’s final Grand Slam event in New York hardcourts are set to start on 29 August.

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Total breakdown of US Open prize pool:

Main Draw - Singles

Champion - $2,600,000

Runner-Up - $1,300,000

Semifinalist - $705,000 

Quarterfinalist - $445,000

Round of 16 - $278,000 

Round of 32 - $188,000

Round of 64 $121,000

Round of 128 - $80,000

Main Draw - Doubles (each team)

Champion - $688,000

Runner-Up - $344,000

Semifinalist - $172,000

Quarterfinalist $97,500

Round of 16-  $56,400

Round of 32 - $35,800 

Round of 64 - $21,300

The US Open also marks the return of Rafael Nadal to Grand Slam tennis after he pulled out of the 2022 Wimbledon in the semi-final because of an injury. Addressing his return to the Grand Slam event, he said, “I am positive. In terms of practice, I need to start to be in a Grand Slam mode, practising the way that I need to practise to be competitive since the beginning there, and I hope I will be able to make that happen."

“I need to move forward and just start to think about the energy that the crowd gives me in New York. I know it’s a very special place for me, and I enjoy it, unforgettable moments there, and I’m going to try my very best every single day to be ready for that," he added.