The four Grand Slam tournaments announced a coordinated increase in prize money on Monday, with total player compensation across Australian Open, French Open, Wimbledon, and US Open exceeding $500 million for the first time in tennis history.
The increases range from 12 percent at the Australian Open to 18 percent at the US Open, with first-round prize money at all four majors now exceeding $100,000. This marks a significant increase from the 2026 season.
"Our sport's success depends on the players who compete at the highest level, and these increases ensure that tennis provides sustainable careers for athletes at all stages," said Tennis Australia CEO Craig Tiley.
The announcement follows years of advocacy by the ATP and WTA players' associations, which have pushed for greater revenue sharing with tournament operators. The deals represent the first coordinated increase across all four Grand Slams.
Prize money at early-round levels has been a particular focus, with increases designed to ensure that players outside the top 100 can earn enough to support professional careers. Players who lose in the first round of Wimbledon will now receive approximately $65,000.
The increases are financed by record broadcast rights deals and growing attendance at major tournaments. All four Grand Slams have reported strong financial performance over the past three years.