How much prize money to winner of Australian Open men’s tournament

UPDATE: Rafael Nadal defeated Daniil Medvedev in five sets to claim the 2022 Australian Open title. Nadal came back from two sets down to win three straight and claim a record-breaking 21st men’s singles Grand Slam title.

The 2022 Australian Open comes to a close Sunday morning with the men’s final. The semifinals are getting started as this article publishes. No. 2 Daniil Medvedev faces No. 6 Rafael Nadal early Sunday morning in Rod Laver Arena. The match gets underway at 3:30 a.m. ET and will air on ESPN.

This year, the tournament is handing out $75 million Australian, which is equivalent to $52,812,375 American. This a 4.5% increase is a record for the tournament. The winner of the men’s singles tournaments wins $2,875,000 and the runner-up claims $1,575,000. The men’s doubles winners claimed $675,000. Just getting to the main draw nets a player $103,000, while a doubles team splits $30,050.

Here is a complete rundown of how much money players make from the first round all the way through to the title winner.

Singles players

Winner: $2,875,000 — Rafael Nadal
Runner-Up: $1,575,000 — Daniil Medvedev
Semifinalist: $895,000 — Matteo Brrettini, Stefanos Tsitsipas
Quarterfinalist: $538,500 — Denis Shapovalov, Gael Monfils, Jannik Sinner, Félix Auger-Aiassime
Round of 16: $328,000
Round of 32: $221,000
Round of 64: $154,000
Round of 128: $103,000

Doubles teams

Winner: $675,000
Runner-Up: $360,000
Semifinalist: $205,000
Quarterfinalist: $113,000
Round of 16: $65,250
Round of 32: $45,100
Round of 64: $30,050