Wimbledon Champs to Go Home $1.54-Million Richer

The depreciation of the U.K. pound against the U.S. dollar has forced organizers of the Wimbledon Championships to increase prizes at the world’s oldest tennis tournament this year. The All England Club announced on Tuesday that the singles champion in both the ladies’ and men’s divisions at this year’s Wimbledon will take home $1.54 million, more than $200,000 higher than last year’s prize.

All England Club chairman Tim Phillips said the increase in prizes shows that Wimbledon is a successful tournament. Despite the increase though, the Wimbledon total prize money of $21.1 million is still slightly lower than the $21.6 million that the U.S. Open gave away last year.

Wimbledon organizers expect a slight drop in attendance this year, as total capacity in all courts will be pegged at 37,500 from the regular 40,000 due to the renovation of Court No. 3. Another thing that could work against Wimbledon this year is the South Africa World Cup, which would overlap with the tennis tournament’s schedule. The World Cup will run for a month beginning June 11, while Wimbledon kicks off on June 21 and ends on July 4.