Wimbledon’s cash prizes will total 38 million pounds sterling (49 million dollars) this year, an increase of 11.8 percent over 2018, the All England Club announced on Tuesday.
Individual champions in the men’s and women’s categories will each receive £2.35 million, £100,000 more than last year.
The total prize money that Wimbledon will have this year exceeds 62.5 million Australian dollars (44 million dollars) of the first Grand Slam of the season play this year in Melbourne but is still lower than the accumulated prize of 53 million dollars delivered at the U.S. Open last year.
The French Open recently announced an 8 percent increase in its prize money for the event to be played next month, reaching 42.6 million euros ($48 million).
Wimbledon’s cash prizes have tripled in the last decade.
This year’s Wimbledon championship will feature the new retractable roof on Court One for the first time. Completion of the three-year project will increase seating capacity on the All England Club’s second-largest court to 12,345 spectators.
The third Grand Slam of the season begins on July 1.