Home / Sports / Tennis Stars Demand Fair Share of Grand Slam Millions
Tennis Stars Demand Fair Share of Grand Slam Millions
7 Jan
Summary
- Grand Slam prize money for 2026 Australian Open nears $75 million.
- Players receive a smaller revenue cut from Grand Slams than other tours.
- Novak Djokovic stated major sports slices are around 50%, tennis is lower.
The 2026 Australian Open, beginning January 18, will offer nearly $75 million in prize money, a 16% increase. In 2025, the four Grand Slams collectively paid over $285 million. Despite this financial largesse, players feel they receive a smaller cut of Grand Slam revenues than from other professional tours. This has led to pressure from player groups seeking reform.
Top players have voiced concerns, with Novak Djokovic noting that unlike major American sports where player revenue shares are around 50%, tennis majors offer a significantly lower percentage. The Grand Slams, which generate over $1.5 billion annually, explain that substantial investments in junior development, other tournaments, and facility upgrades necessitate a larger operational budget.
While prize money has grown substantially since the Open Era began in 1968, the percentage of revenue allocated to players at the Grand Slams remains relatively low, often between 15-20%. This contrasts with ATP and WTA tour events, where player revenue shares are estimated to be higher, though still less than top global sports leagues.
