LONDON — Prize money keeps going up at Wimbledon, with first-round losers as well as champions cashing in on record rewards.
The All England Club announced Tuesday that prize money for this year's grass-court Grand Slam will increase by 7 percent to reach a total of 26.75 million pounds ($40.60 million).
The men's and women's singles champions will each receive 1.88 million pounds ($2.85 million).
Organizers said the prize fund will be "the highest ever in professional tennis," surpassing last year's U.S. Open purse of $38.25 million.
In the space of four years, Wimbledon's purse has almost doubled in size from the 14.