One of the most anticipated tennis tournaments of the calendar is around the corner. The 2023 US Open will commence on August 28, and the men’s singles finals taking place on 10th September. With just weeks left before the big event, top players have begun their preparations on hard court. On the other hand, the tournament officials have also braced up for the grand sporting event. Recently, a major update dropped regarding this year’s tournament.

Earlier this week, the US Open announced the prize money for the upcoming Grand Slam tournament. Although the overall prize money purse was increased, this year’s winners are set to be dejected.

What is the prize money for the 2023 US Open?

The U.S. Tennis Association announced on Tuesday that the overall prize money for this year’s tournament will be a record $65 Million. This is a $5 Million increase as compared to the previous year. The reason for the steep increase is the fact that the amount of expenses covered for the players has increased.

However, this year’s winners will receive a payout of $3 Million. Although this signifies a $400,000 increase over last year’s prize money, it is still way below the pre-pandemic prize money of $3.9 Million. Nonetheless, players losing in the earlier rounds will receive an increase from the pre-pandemic levels.

Meanwhile, this year’s tournament will mark the 50th anniversary of the US Open introducing equal prize money for both men and women. It was a historic moment led by Billie Jean King, who revolutionized the sport with her leadership.

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Further, this year will see two young tennis sensations step on the court as defending champions. Let’s take a look.

Who are the defending champions this year in the last Grand Slam tournament of the season?

Following an impressive run of form, Carlos Alcaraz and Iga Swiatek will enter the US Open as defending champions. While the Spaniard got the better of Casper Ruud in the final, Swiatek defeated Ons Jabeur to win her third Grand Slam title. Additionally, they will potentially be the top seeds at the tournament, after putting on consistent performances throughout the year.

However, players like Coco Gauff and Novak Djokovic will give the defending champions a run for their money. Overall, the final Grand Slam tournament of the season promises to be an exciting time for tennis fans.

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