Latest news with #Eastbourne
CNA
8 hours ago
- Business
- CNA
Queen's Club women's tournament to offer equal prize money by 2029
Women's players will receive equal prize money to their male counterparts for competing at Queen's Club and Eastbourne by 2029, the Lawn Tennis Association (LTA) said on Thursday. The women's event will return to the Queen's Club Championships this year for the first time in over half a century. The prize money for the women's event will be $1.415m, the highest for a WTA 500 event of its draw size on the tour, but still less than half of the men's prize money of 2.5 million euros ($2.87 million). In a statement, the LTA said it would "fully close the gap between WTA and ATP prize money at these events no later than 2029. "This year the WTA 500 prize money at the (Queen's Club) Championships will rise to a record $1.415m... "Whilst the WTA 250 prize money at the Eastbourne Open will rise to $389,000 – making this the highest paying WTA 250 event anywhere on the tour." The Queen's Club women's event will be held in the first week of the grasscourt season from June 9-15 and will feature Australian Open champion Madison Keys, former Wimbledon winner Elena Rybakina and 2021 U.S. Open champion Emma Raducanu. The WTA 250 event in Eastbourne will take place from June 23-28, in the week before Wimbledon. "We are making significant increases this year to the women's prize money at Queen's and Eastbourne and want to achieve equal prize money as soon as possible," LTA chief executive Scott Lloyd said in a statement. "The LTA is committed to growing women's tennis, both at professional and grass-roots level and this move is an important part of that commitment." On Thursday, Japanese four-times Grand Slam champion Naomi Osaka and world number three Jessica Pegula of the United States withdrew from the Queen's Club Championships. ($1 = 0.8701 euros)
Straits Times
8 hours ago
- Business
- Straits Times
Queen's Club women's tournament to offer equal prize money by 2029
FILE PHOTO: Tennis - Queen's Club Championships - The Queen's Club, London, Britain - June 21, 2024 A general view of the stadium during the men's singles quarter final between Britain's Billy Harris and Italy's Lorenzo Musetti Action Images via Reuters/Paul Childs/File Photo REUTERS Women's players will receive equal prize money to their male counterparts for competing at Queen's Club and Eastbourne by 2029, the Lawn Tennis Association (LTA) said on Thursday. The women's event will return to the Queen's Club Championships this year for the first time in over half a century. The prize money for the women's event will be $1.415m, the highest for a WTA 500 event of its draw size on the tour, but still less than half of the men's prize money of 2.5 million euros ($2.87 million). In a statement, the LTA said it would "fully close the gap between WTA and ATP prize money at these events no later than 2029. "This year the WTA 500 prize money at the (Queen's Club) Championships will rise to a record $1.415m... "Whilst the WTA 250 prize money at the Eastbourne Open will rise to $389,000 – making this the highest paying WTA 250 event anywhere on the tour." The Queen's Club women's event will be held in the first week of the grasscourt season from June 9-15 and will feature Australian Open champion Madison Keys, former Wimbledon winner Elena Rybakina and 2021 U.S. Open champion Emma Raducanu. The WTA 250 event in Eastbourne will take place from June 23-28, in the week before Wimbledon. "We are making significant increases this year to the women's prize money at Queen's and Eastbourne and want to achieve equal prize money as soon as possible," LTA chief executive Scott Lloyd said in a statement. "The LTA is committed to growing women's tennis, both at professional and grass-roots level and this move is an important part of that commitment." On Thursday, Japanese four-times Grand Slam champion Naomi Osaka and world number three Jessica Pegula of the United States withdrew from the Queen's Club Championships. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Reuters
8 hours ago
- Business
- Reuters
Queen's Club women's tournament to offer equal prize money by 2029
June 5 (Reuters) - Women's players will receive equal prize money to their male counterparts for competing at Queen's Club and Eastbourne by 2029, the Lawn Tennis Association (LTA) said on Thursday. The women's event will return to the Queen's Club Championships this year for the first time in over half a century. The prize money for the women's event will be $1.415m, the highest for a WTA 500 event of its draw size on the tour, but still less than half of the men's prize money of 2.5 million euros ($2.87 million). In a statement, the LTA said it would "fully close the gap between WTA and ATP prize money at these events no later than 2029. "This year the WTA 500 prize money at the (Queen's Club) Championships will rise to a record $1.415m... "Whilst the WTA 250 prize money at the Eastbourne Open will rise to $389,000 – making this the highest paying WTA 250 event anywhere on the tour." The Queen's Club women's event will be held in the first week of the grasscourt season from June 9-15 and will feature Australian Open champion Madison Keys, former Wimbledon winner Elena Rybakina and 2021 U.S. Open champion Emma Raducanu. The WTA 250 event in Eastbourne will take place from June 23-28, in the week before Wimbledon. "We are making significant increases this year to the women's prize money at Queen's and Eastbourne and want to achieve equal prize money as soon as possible," LTA chief executive Scott Lloyd said in a statement. "The LTA is committed to growing women's tennis, both at professional and grass-roots level and this move is an important part of that commitment." On Thursday, Japanese four-times Grand Slam champion Naomi Osaka and world number three Jessica Pegula of the United States withdrew from the Queen's Club Championships. ($1 = 0.8701 euros)
Daily Mail
10 hours ago
- Business
- Daily Mail
British tennis commits to equal prize money at Queen's and Eastbourne by 2029 - but financial disparity remains with men set to rake in DOUBLE the women's players despite significant increase
The Lawn Tennis Association (LTA) have announced that the WTA events at Queen's and Eastbourne will receive equal prize money no later than 2029, with both tournaments receiving an immediate financial uptick on the eve of the British grass-court season. The newly minted WTA 500 event at The Queen's Club is set to rise to a record £1.04million ($1.415m), while Eastbourne - which was downgraded to a 250 event as a consequence to re-staging the women's event in west London - will see prize money climb to £286,471 ($389,000). Both events will now offer the highest prize pot for equivalent event and draw sizes on the international tour, in a move that aims to establish the organisation as a world-leader in the growth and development of women's tennis. But parity remains some way off, with men's players at Queen's set to rake in £2.12m (€2.5m) in two weeks' time - almost double the prize money afforded to women's players despite the sizeable increase. At Eastbourne, the total purse is £637,00, with both prize pots meeting the ATP tour-level standard for a 250. In stark contrast, the WTA minimum is £207,149. The LTA were keen to stress that they aim to beat the timeline rather than merely meet it, but underscored that the organisation makes a net £4m loss on the tournaments hosted during the British grass swing, with the men's Championship at Queen's the sole profitable event. The LTA have announced their commitment to equal prize money for their men and women's tournaments but this year's WTA prize pot remains some way off the ATP's Interest in the new tournament in Barons Court, which is set to feature boldfaced names like Emma Raducanu, has been sizable, with over 50,000 tickets sold and the event at 80 per cent capacity with days to go before the first round on Monday. With Eastbourne all but level with its ticket sales last year despite the downgrade of the tournament's status, the LTA are confident in the event's future profitability in terms of drawing new fans to the sport. A more diverse fanbase is also expected at Queen's, with 55 per cent of tickets sold to women, compared to 49 per cent for the men's tournament a week later. The organisation's announcement has been lauded by WTA chief executive Portia Archer, who claimed that the move 'sends a powerful message that the women's game is valued'. The women's tour are chasing their own bid for financial parity, seeking full equality with the ATP by 2033, with combined WTA-ATP events targeting the bid to offer equal prize money in 2027. Fellow WTA 500 event the Charleston Open committed to equal prize money with their ATP event in 2026 in April of this year.
The Independent
10 hours ago
- Business
- The Independent
LTA commits to introducing equal prize money at Queen's and Eastbourne by 2029
The Lawn Tennis Association has committed to paying equal prize money to female players at Queen's and Eastbourne by 2029. Women will play at Queen's Club next week for the first time in more than 50 years at the inaugural HSBC Championships, featuring the likes of Emma Raducanu, Katie Boulter and top-10 stars Madison Keys and Zheng Qinwen. The LTA announced on Thursday it would pay total prize money of 1.415million US dollars (approximately £1m), the highest for a WTA 500 event of its draw size this year. But that is still less than half of the prize pot that will be paid out to the male players the following week for the equivalent tournament on the ATP Tour. At the Lexus Eastbourne Open, a joint WTA and ATP event staged the week before Wimbledon beginning on June 23, the difference is even starker, with the women's prize fund of 389,000 US dollars (approximately £287,000) significantly inferior to the more than £630,000 that will be paid to the men. While prize money is equal at the grand slams and some joint tour events, generally remuneration on the WTA Tour is substantially lower than the ATP. The LTA stated an aim to achieve parity before 2029 but its rationale comes against a £4million loss made across the grass-court events it staged last year – Wimbledon is run by the All England Club – with the men's event at Queen's the only profitable tournament. Scott Lloyd, the governing body's chief executive, said: 'We are making significant increases this year to the women's prize money at Queen's and Eastbourne and want to achieve equal prize money as soon as possible. 'The LTA is committed to growing women's tennis, both at professional and grass-roots level, and this move is an important part of that commitment. 'This year fans will be able to enjoy both men's and women's tennis on the biggest stages that we can offer and we want to develop the tournaments so that the women's events deliver a path to profitability and greater visibility for the sport.' Ticket sales for the women's event at Queen's are currently around 80 per cent, with the men's tournament sold out, while 55 per cent of those purchasing WTA tickets have been female.
