LONDON (AP) – This year’s men’s and women’s singles champions at Wimbledon will each receive nearly $3 million, as the Grand Slam tournament increases overall prize money by 5 percent.
The All England Club announced Tuesday that the total prize fund is going up to 28.1 million pounds ($40 million) for the grass-court championships.
The prize for the singles champions has been raised by 6.4 percent, or 120,000 pounds ($175,000), to 2 million pounds ($2.9 million). Last year, Novak Djokovic and Serena Williams each collected 1.88 million pounds ($2.74 million).
First-round losers, meanwhile, will receive 30,000 pounds ($43,000).
Over the past five years, total prize money at Wimbledon has nearly doubled, going up by 92 percent. The highest increase was in 2013, when the prize fund went up by 40 percent.