Wimbledon prize money up by more than 10 per cent

London: Total prize money for this year's Wimbledon tournament will surpass 25 million pounds ($42 million), an increase of 10.8 per cent from 2013.

Organizers said on Tuesday that the men's and women's singles champions will each receive 1.76 million pounds ($2.9 million), a 10 per cent increase on last year's top prize won by Andy Murray and Marion Bartoli.

But the main increases are for the early losers, with players who fail to get past the third round receiving prize money worth 12.5 per cent more than in 2013.

In all, an extra 2.4 million pounds ($4 million) is up for grabs compared to last year.

The grass-court Grand Slam will be played from June 23-July 6.