Australian Open 2021: Novak Djokovic takes home almost $1 Million less than last year’s prize money, early-round losers bank more than before

The Australian Open champions see a 33% cut in their prize money compared to last year, early-round losers benefit.

50
Novak Djokovic

World no.1, Novak Djokovic won his record 9th Australian Open trophy by defeating Daniil Medvedev in the final 7-5,6-2,6-2. Along with winning his 18th major, Djokovic took home $2.13 million.

Interestingly, he won $3.12 million when he won the Australian Open 2020, 33.25% more than this year. The approximate sum of $1 million that Novak Djokovic would have otherwise received has instead been distributed amongst the players who lost early in the qualifying and main draws.

The Serb was a major influence in this decision. He has been campaigning for a while to reduce the prize money for the later stages of the event and increase the payout for early-round losers.

Before the tournament, Tennis Australia CEO Craig Tiley acknowledged Djokovic’s thoughts.

Tiley said: “We have significantly reduced the winners’ prize money, but players like Novak Djokovic and Serena Williams agreed with spreading the prize money more evenly, providing the up-and-coming players an opportunity to earn more because it has been a difficult year. We think it’s a great initiative and I have had zero pushback.”

Some people on social media are speculating that Djokovic himself donated $1 million to the early-round losers, which is false. The Serb was involved in initiating this thought which Tennis Australia approved before the tournament began.

The early-round losers seek upto 20% hike in their prize money

Novak Djokovic

The players knocked-out before the quarter-final stage have all seen a rise in their prize-money. While for those reaching the last 4 see a considerable decline in the prize pool.

In 2020, the players who lost in the first round of qualifying took home $15,700 (approximately). But this year, they have received $19,438, the highest %change(approx. 25%) overall.

Prize Money $ AUDPrize Money $ USDPrize Money £ GBP% Change vs 2020
Winner$2,750,000$2,138,125$1,396,425-33.25%
Runner-up$1,500,000$1,166,250$761,686-27.36%
Semifinal$850,000$660,875$431,622-18.27%
Quarterfinal$525,000$408,188$266,5900.00%
Round 4$320,000$248,800$162,4936.67%
Round 3$215,000$167,163$109,17519.44%
Round 2$150,000$116,625$76,16917.19%
Round 1$100,000$77,750$50,77911.11%
Q3$52,500$40,819$26,6595.00%
Q2$35,000$27,213$17,7737.69%
Q1$25,000$19,438$12,69525.00%

Also read: “Brought out some morons,” Journalists call out ‘booing’ at vaccine comment during Australian Open 2021 final

LEAVE A REPLY

Please enter your comment!
Please enter your name here