French Open 2021 is just 3 days away and with the Draw Ceremony taking place today, along with the fixtures and seedings, the prize money for the Grand Slam was also declared.
Since the Pandemic has affected the economy since last year, many tournaments are forced to reduce the prize money and French Open has followed the suit this year. The total prize money this year at the Roland Garros will be €34,367,215, seeing a -10.53% decrease as compared to the prize money of the 2020 French Open.
While the 2019 French Open had €42,661,000 as the total prize money, the Pandemic saw the 2020 French Open getting a 10.93% deduction in the total amount as the tournament was postponed from May to September.
The 2020 edition saw €38,000,000 as the prize money but with the situation not improving much, this year as well, the tournament officials are forced to deduct the prize money.
This year however, the prize money has not been slashed for the 3 qualifying rounds and the first two rounds of the main draw, keeping in mind the lower ranked players as they often make early exits. From the 3rd Round (Round of 32), there will be deductions in every round right until the finals. These rules apply for both Men’s and Women’s Singles event.
“In light of the current situation, we are proud to have once again opted for a philanthropic prize fund, which allows us to support the players who have been severely affected by the health crisis, financially-speaking.” said Guy Forget, Tournament Director of the French Open.
Winner to walk away with €1,400,000 while the Runner-up will receive €750,000 at the French Open 2021
Round of 32 will have 10.32% deduction from the last year, whereas the Round of 16 and quarter-finals will see 10.05% being reduced.
The semi-final round will see a 11.32% deduction, whereas the runner-up of the tournament will have 6.25% reduced as compared to last year’s prize money. The winner however will see the largest deduction with 12.50% being deducted from last year.
The Prize Money for this year’s French Open 2021 have been listed below.
The French Open 2021 will begin from the 30th May 2021 with the Women’s Singles Finals set to be played on 12th June, 2021 followed by Men’s Singles Finals on the 13th June, 2021, concluding a fortnight of the Grand Slam.