LTA promises equal prize money at Queen’s by 2029

By 2029, the LTA has pledged to introduce equal prize money at both Queen’s and Eastbourne.

The total prize pool for the WTA event at Queen’s Club will be $1.415 million ($1.043 million), with the LTA voluntarily raising the standard prize money by a third.

However, that is not nearly as much as the men’s wage is for the week’s worth of competition at the same venue.

The ATP tournament will offer a total prize fund of 2.522 million euros (2.12 million dollars). The tour minimum prize money levels are set by the organizations.

The third-highest tier tournaments, after the Grand Slams and 1000 events, are held in the men’s and women’s categories, making them the “500” tier tournaments.

Over 80% of the tickets have been purchased for the women’s tournament, compared to the already sold out ATP event at Queen’s.

WTA week ticket sales are lower, which means the long-established men’s event will not be able to generate as much money as they did during the previous week.

The LTA claims that the summer events lost a total of £4 million last year because money spent on prize money cannot also be used to develop grassroots tennis in the UK.

Four years after the WTA’s deadline, the LTA has committed to introducing equal prize money by 2029.

While the WTA recommends that standalone events, which the Queen’s Week technically is, have until 2033, major combined events should have equal prize money by 2027.

In the week leading up to Wimbledon, both men and women will compete in Eastbourne, a combined “250” event.

The women’s prize money is $389, 000 (£286, 650) – making it the highest-paying tournament of that size on the tour this year – while the men will share 756, 875 euros (£637, 000).

This move is an important component of the LTA’s commitment to expanding women’s tennis, both at the professional and grassroots levels, according to LTA CEO Scott Lloyd.

Fans will have access to both men’s and women’s tennis on the biggest stages that we have this year.