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More money for players
Reuters
Last Updated IST

Australian Open organisers increased prize money for the early losers at the opening Grand Slam of the season to record levels on Thursday, a move which is likely to quell player unrest and end talk of a strike.

The Australian Open will now pay more prize money per round than any other tournament, with increases also coming in doubles and qualifying matches, but mixed doubles saw a money freeze.

The biggest increases were for first round losers in the men's and women's singles, who will now receive A$27,600 ($29,000), representing a 32.7 percent boost from 2012, with those exiting in the second round taking home $45,50.

The move is likely to appease the players council, led by Roger Federer, who had been calling for more revenue from the four elite tournaments to be passed down to those hitting the shots.

"Our motivation is to make a major contribution toward helping ensure professional tennis players can make a decent living," Craig Tiley, the Australian Open tournament director, said.

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(Published 20 December 2012, 23:52 IST)