• Wimbledon

Prize pot increased to £16.1m for Wimbledon 2012

ESPN staff
April 24, 2012
There has never been a more lucrative time for Andy Murray to triumph at Wimbledon © Getty Images

Philip Brook, chairman of the All England Club, announced on Tuesday that Wimbledon will increase its prize money for the 2012 edition of the tournament.

Less than a month after the French Open raised its prize pot, Wimbledon has followed suit by growing the total figure to £16.1 million. That represents a ten per cent increase.

Breaking the figures down, the two singles champions will now receive £1.15 million each, up 4.5% on last year's event, which was won by Novak Djokovic and Petra Kvitova respectively.

However, the more significant rise has been instigated at the lower end of the competition, with Wimbledon organisers acknowledging the increasing financial costs involved for first-round competitors. As a result, first-round losers will now receive £14,500.

That represents a massive 26% increase on previous outlays at that stage of the competition, and Brook explained that the move acts as the All England Club's response to the concerns of the players.

"More needs to be done for lower-ranked players, for whom the rising cost of playing tennis outstrips the increase in prize money," Brook said. "We've tried to meet the need that we have heard from the players."

This year's Wimbledon tournament will commence on June 25, with the men's final scheduled for July 8.

© ESPN Sports Media Ltd.