French Open prize money up by 3.3 million euros

The French Open will undergo massive renovations, according to its organizers. (AP/David Vincent)

PARIS — Prize money at the French Open will rise significantly for both singles champions and players who lose in some of the early rounds.

Roland Garros organizers said Monday that the overall total for the tournament will go from 18.7 million euros ($24.6 million) last year to 22 million euros ($28.7 million), with winners receiving 1.5 million euros ($1.96 million) compared to 1.25 million euros ($1.64 million) in 2012.

Players eliminated in the second, third and fourth rounds will receive 25 per cent more than they did last year. The tournament begins May 26.

French Tennis Federation director Gilbert Ysern says his organization "wishes to maintain its effort with regards to players eliminated during the first week."

Further increases totalling another 10 million euros ($13.08 million) are expected by 2016.

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