Author(s): Shamshadali P, Nafih Cherappurath and Dr. M Elayaraja

Abstract:
Australian Open, French Open, Wimbledon, and US open are the most important miles stoning world open tennis competitions in the career of a tennis player and which are more interested and most loved events for tennis lovers as well. All these four major tennis tournaments are jointly called Grand Slam or majors. Grand Slams, among all tennis professional championships it ensure the high media publicity, biggest prize money award and which will also credited ranking points as well into the individual ranking point sheet for entering the ranking systems thereby the list of World Tennis Ranking of that concerned year. In order to conduct our study on Prize Money of Grand Slam Tournaments, we decided to examine total prize money paid in all four Grand Slams French Open, Australian Open, Wimbledon and US Open from period of 2012 to 2017. The data on prize money and scores of each tournament was obtained from the official web pages of each individual Grand Slam Tournament. The study aims to analyse the improvement of percentage in total prize money and its differences in each grand slam in each year. From the results, it is found that US open offers highest prize money during 6 years from 2012 to 2017 and other three grand slams which are also different in each year. It’s also found that there is an average increase of 10% prize money in the each year in every grand slam.

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