NEW RELEASE 2012
ATP Statement On Australian Open Prize Money Discussions
by ATP Staff|
It was announced last week that the Australian Open would offer a record AUD$30 million prize money next January. The $4 million prize money boost is the biggest increase in the history of the event. Following meetings between the ATP, the Player Council and Tennis Australia officials in Shanghai over the past weekend, ATP Executive Chairman and President Brad Drewett said:
"The ATP has had encouraging and positive discussions with Tennis Australia regarding the long term plans for player compensation at the Australian Open. Tennis Australia deserves credit for the way they have recognized the significant input the players have in the success of the tournament.
"I’m delighted the players have given their full support to the ATP leadership during this process with the Australian Open, as well as backing our decision to pursue this issue through constructive dialogue. I am confident that the ATP and our players will remain committed to the ongoing discussions with the other Grand Slam tournaments."