Running the Australian Open this year resulted in a loss of over $78M ($100M Australian dollars). Lower attendance plus increased expenses of quarantining players.
I'm surprised they didn't try to reduce prize money to help offset the costs.
Aussie Open projects financial hit topping $78M
https://thewest.com.au/sport/tennis/cost-of-open-to-top-100-million-tiley-ng-s-2050063
I'm surprised they didn't try to reduce prize money to help offset the costs.
Aussie Open projects financial hit topping $78M
https://thewest.com.au/sport/tennis/cost-of-open-to-top-100-million-tiley-ng-s-2050063