USTA has announced prize money for the US Open 2020. The total purse for 2020 is $53.4 million compared to $57 million last year, a 6.3% reduction.
While the total prize money has dropped, first-round prize money for singles has increased by 5 percent from 2019 ($61,000 in 2020 from $58,00. in 2019). Second and third round prize money remains unchanged.
We’re proud to be able to offer a player compensation package that maintains nearly 95 percent of the prize pool from 2019. The prize money distribution for the 2020 US Open is the result of close collaboration between the USTA, WTA and ATP, and represents a commitment to supporting players and their financial well-being during an unprecedented time.
– Mike Dowse, USTA Chief Executive Officer and Executive Director
Due to the global pandemic, the USTA is under financial pressure. So it is not surprising that the total prize money dropped this year. The last year over year drop in prize money at the US Open was in 2007.
The USTA will allocate $6.6 million in grants and subsidies due to the unique circumstances surrounding this year’s tournament. This year US Open will not having qualifying rounds and has reduced the draw size for doubles.