Picture Credit: Twitter

Picture Credit: Twitter

The All-England Lawn Tennis Club (AELTC) announced the prize money for this year’s Wimbledon championships on Wednesday, June 14. As per the latest announcement, the prize money for this year’s championship has increased by 11.2 per cent as compared to that of 2022 and has reached a new record of £ 44.7 million. The tournament is set to be played from Monday, July 3 to Sunday, July 16. 

According to the latest revision made in the prize money, the winners of the men’s and women’s singles champions and runners-up will get £2,350,000 and £1,175,000 respectively. The players who will lose the first round will receive at least £55,000, which is a 10 per cent increase from 2022. The prize money for qualifying for the elite sporting tournament has witnessed a growth of 14.5 per cent from last year, and that for the men’s and women’s doubles has increased by 10.7 per cent. 

The Chairman of the All England Ian Hewitt said, “We are delighted to offer record prize money to the players competing at The Championships this year, with double digit increases across the majority of events. Our ambition with this distribution is to return the singles champions and runners-up prize money to the levels in 2019 prior to the pandemic whilst, alongside, providing deserved support for players in the early rounds of the event.”

Novak Djokovic, who recently emerged victorious in the Australian Open and French Open, is the reigning champion in the men's category at Wimbledon. Djokovic clinched the title as he took down Nick Kyrgios 4-6, 6-3, 6-4, 7-6 in the final. The 23 Grand Slam winner has now become the ATP World Number 1 as he won this year’s French Open. Talking about the women's category, the reigning champion is Kazakhstan’s Elena Rybakina.