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Tennis: Australian Open increases prize money in 2017

by IANS

Melbourne, Dec 21 (IANS) The Australian Open, the first Grand Slam tournament of the tennis season which will be held between January 16-29, will increase its prize money by 14 percent compared to the previous year, the tournament's organisers announced on Wednesday.

The new amount will reach 34.8 million euros ($36.2 million), while the winners of the men and women singles will earn 2.5 million euros ($2.6 million) each, reports Efe.

Those eliminated from the first round will earn 34,000 euros ($36,000), while those defeated in the third round will get 90,500 euros ($94,292).

The prize money in the preliminary rounds has also increased, as those eliminated from the qualifying competition will receive 17,400 euros ($18,129).

--IANS

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