The total prize money is a record 44.7 million pounds ($57.29 million) this year.

The total prize money is a record 44.7 million pounds ($57.29 million) this year.

The total prize money is a record 44.7 million pounds ($57.29 million) this year.

Along with offering a place in the tennis history books, the four Grand Slams - the biggest events on the tennis calendar - also provide serious financial incentives for the champions.

Here is what you need to know about the prize pot on offer at Wimbledon.

ADVERTISEMENT

Wimbledon dates

The 2023 edition of Wimbledon runs from July 3-16.

Total prize fund

The total prize money is a record 44.7 million pounds ($57.29 million) this year.

ADVERTISEMENT

 It has increased by 11.2 per cent from 2022.

The Chairman of the All England Club, Ian Hewitt, said the goal is to "return the singles champions and runners-up prize money to the levels in 2019 prior to the (COVID-19) pandemic whilst, alongside, providing deserved support for players in the early rounds of the event."

How much the singles players will earn

First round: 55,000 pounds

ADVERTISEMENT

Second round: 85,000 pounds

Third round: 131,000 pounds

Round of 16: 207,000 pounds

Quarterfinals: 340,000 pounds

Semifinals: 600,000 pounds

Runner-up: 1.175 million pounds

Winner: 2.35 million pounds

Champion's prize as compared to 2022

The winners of the men's and women's singles in 2022, Novak Djokovic and Elena Rybakina, received 2 million pounds each.

Elena Rybakina reacts during a press conference after winning the Wimbledon final. File photo: Pool via Reuters/Joe Toth

What about the other Grand Slams?

The champions of the Australian Open earlier this year received A$2.975 million ($2.05 million), with Djokovic winning the first Grand Slam of the year for the 10th time while Aryna Sabalenka claimed her first major crown.

Djokovic won a record 23rd Grand Slam at the French Open, and Iga Swiatek clinched her third Roland Garros title in June — receiving 2.3 million euros ($2.51 million) in prize money each.

At the US Open last year, Carlos Alcaraz became the second-youngest player to win at Flushing Meadows while Swiatek claimed the women's singles title, receiving $2.6 million each.

Prize money in doubles 

First round: 13,750 pounds

Second round: 22,000 pounds

Third round: 36,250 pounds

Quarterfinals: 75,000 pounds

Semifinals: 150,000 pounds

Runners-up: 300,000 pounds

Champions: 600,000 pounds

Prize money in mixed doubles

First round: 4,000 pounds

Second round: 7,750 pounds

Quarterfinals: 16,500 pounds

Semifinals: 32,000 pounds

Runners-up: 64,000 pounds

Winners: 128,000 pounds