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Prize Money for the Australian Open 2013 touches Aus$30million value – Tennis News

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Prize Money for the Australian Open 2013 touches Aus$30million value – Tennis News
Australian Open 2013 will feature a higher amount of prize money than any of its previous editions. The total amount has been raised to US$ 31.1 million that translates into 30 million Aussie dollars. It’s a mammoth amount and
will definitely help wipe off any chances of the possible boycott by the players who wanted to have a higher portion of the income.
Steve Wood, the Australian Tennis Chief Executive felt good to reveal the awesome news for the probable participants of the Australian Open. The raise of Aus$ 4 million in the upcoming edition of the Australian Open has gained
a lot of praise from everywhere around the globe and players are very happy about that especially those underdogs that fall out in the early stages of the tournament.
Talking to the media representatives during the press conference about the hike in the total prize money of the Australian Open 2013, Wood stated, “We are proud to announce this major increase in prize money. We have led the world
in prize money for these incredible athletes and we want to ensure that the Australian Open continues to make a major contribution to the financial well-being of professional tennis players.”
Earlier this year, during the month of August, rumours were circulating in the cyber world that there will be a possible boycott of the next edition of the Australian Open especially by the lower ranked players who are knocked
out in the infant stages of the event.
The hype gained so much attention from the media representatives that forced the officials of the Australian Open to rethink about the total prize money that is distributed amongst the participants. It seems like the joint act
of underdogs had yielded fruitful returns for them as they have been able to convince the organisers to give them higher payouts.
Wood added, “We are supporting the lower-ranked players in their quest for compensation.” The raise in the value of the prize money will be distributed amongst the early losers. He further said, “They were very appreciative that
the Australian Open has again stepped up, given them the number and gone significantly higher than probably they were expecting.”
It is a positive gesture by the officials of the Australian Open and a probable morale booster for young guns and low-ranked players to fight hard for a place in the main round of the contest that will yield them good returns.

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