Record prize money at 2012 U.S. Open as $25.5 million up for grabs
July 11, 2012 -- Updated 1840 GMT (0240 HKT)
Roger Federer claimed the largest prize pot in tennis history, walking away with $2.4 million after the 2007 US Open.
- 2012 U.S. Open prize purse will be increased by more than $2m.
- The total prize money at Flushing Meadows will top $25m
- Bonus prize money could leave a potential grand total of $28.1m.
- The prizes awarded will continue to be equal for both men and women.
(CNN) -- Prize money at this year's U.S. Open will be increased by over $2 million to a record $25.5 million, organizers announced Wednesday.
The increase will see a top prize of $1.9m for both the men's and women's champions, continuing the tradition of gender-equal prizes dating back 40 years.
The remaining majority of the payout will be distributed throughout the main draw, with 224 out of 256 singles players guaranteed an increase in prize money of at least 18%.
"We recognize the mounting financial pressures associated with competing on the global professional tennis circuits and especially for those who do not reach the second week of the U.S. Open.
"We believe the additional prize money, as well as how it will be strategically distributed, will help alleviate some of the pressure," said Jon Vegosen, U.S. Tennis Association (USTA) President and Chairman of the Board.
We recognize the mounting financial pressures associated with competing on the global professional tennis circuits
Jon Vegosen, USTA
These record-breaking figures will be supplemented by potential bonuses from the Emirates Airline U.S. Open Series Bonus Challenge.
The top three men's and top three women's finishers in the Emirates Airline U.S. Open Series will be awarded an additional bonus prize of up to $1m at the end of the grand slam, provided they earn points in at least two series events.
These bonuses have led to the two largest payouts in history, with Roger Federer taking $2.4m in 2007 and Kim Clijsters earning $2.2m in both 2005 and 2010.
This leaves the potential overall prize money on offer at $28.1 million.
The cash boost comes on the heels of the announcement that the U.S. Open will benefit from a $500m development of the Flushing Meadows area.
A new Louis Armstrong Stadium, a new grandstand on unused land at the Billie Jean King National Tennis Center and a double-deck viewing area for fans to watch players practice will all be constructed over the next 10 years.
However, there are still no plans to put a roof on the main Arthur Ashe Stadium court.
In other tennis news Wednesday, Lukas Rosol, who sent second seed Rafael Nadal crashing out of Wimbledon in one of the biggest upsets in the tournament's history, made an early exit from the ATP tournament in Stuttgart.
Czech Rosol was sent packing 7-6 7-6 by Bjorn Phau of Germany in their second round match.
Part of complete coverage on
May 1, 2013 -- Updated 1129 GMT (1929 HKT)
She towers above him, but she can't do without him. Meet the man who has made Maria Sharapova the world's wealthiest female athlete.
April 22, 2013 -- Updated 1511 GMT (2311 HKT)
When Maria Sharapova underwent shoulder surgery five years ago, many thought her tennis career wouldn't last.
April 18, 2013 -- Updated 1258 GMT (2058 HKT)
Nine-year-old Rebecca Suarez stunned onlookers when she was pulled out of the crowd to team up with Del Potro against Nadal.
April 18, 2013 -- Updated 2115 GMT (0515 HKT)
Janko Tipsarevic is of the belief that his fellow professionals aren't doping -- or at least not on a widespread basis.
March 21, 2013 -- Updated 1429 GMT (2229 HKT)
Agnieszka and Urszula Radwanska are hoping to take their relationship to a new level by emulating tennis' most famous female sisters.
March 26, 2013 -- Updated 1324 GMT (2124 HKT)
Open Court meets Poland's world No. 4 Agniezska Radwanska, who's making waves on the women's tennis scene.
March 21, 2013 -- Updated 1402 GMT (2202 HKT)
America's 18-time grand slam champion Chris Evert talks to Open Court about her career and training the next generation of players.
March 21, 2013 -- Updated 1344 GMT (2144 HKT)
CNN's Don Riddell speaks with 11-time grand slam champion Rafael Nadal during one of his comeback tournaments in Mexico.
March 21, 2013 -- Updated 1411 GMT (2211 HKT)
Germany's veteran star Tommy Haas opens up to Pat Cash about being away from family on tour, and his many injuries.
March 11, 2013 -- Updated 1150 GMT (1950 HKT)
You'd think John Isner and Nicolas Mahut would be sick of the sight of each other, but their friendship has grown since that epic match.
March 4, 2013 -- Updated 1608 GMT (0008 HKT)
Almost a decade after Andy Roddick's sole U.S. Open victory, America is still waiting for its next male grand slam winner. What's gone wrong?
February 21, 2013 -- Updated 1621 GMT (0021 HKT)
Open Court's Pat Cash meets American No. 1 John Isner, who experts claim has the potential to win a grand slam.
February 25, 2013 -- Updated 0917 GMT (1717 HKT)
CNN's Pat Cash looks at who the next U.S. grand slam champion might be.
February 21, 2013 -- Updated 1545 GMT (2345 HKT)
CNN's Patrick Snell looks at how the famous couple is helping groom the next generation of tennis stars.
February 25, 2013 -- Updated 1009 GMT (1809 HKT)
With his sights set on the top, Ryan Harrison is the youngest player to win a professional match in 20 years.
February 21, 2013 -- Updated 1612 GMT (0012 HKT)
He's "Mac the Mouth" both on and off the court -- one of the most controversial and iconic players in tennis history, and he's still talking up a storm.
January 29, 2013 -- Updated 1131 GMT (1931 HKT)
Novak Djokovic and Andy Murray have transformed their careers since discovering a diet secret that is battling for mainstream acceptance.
January 28, 2013 -- Updated 1500 GMT (2300 HKT)
Novak Djokovic knew he was going to be a tennis star from an early age when growing up in war-torn Belgrade.
January 17, 2013 -- Updated 1325 GMT (2125 HKT)
Nine women, a bold proposal and a $1 bill. That was what it took for women's tennis to begin a 40-year journey of self-empowerment.
Today's five most popular stories