Wimbledon prize money increased by 5 percent for 2016

FILE - In this Sunday, July 12, 2015 file photo, Novak Djokovic of Serbia celebrates winning the men's singles final against Roger Federer of Switzerland at the All England Lawn Tennis Championships in Wimbledon, London. Prize money at Wimbledon is increasing 5 percent this year, with the men's and women's singles champions to receive 2 million pounds ($2.9 million). Organizers announced Tuesday, April 26, 2016 that total prize money for the grass-court Grand Slam is going up to 28.1 million pounds ($40 million). The prize for the singles champions has been raised by 6.4 percent, or 120,000 pounds ($175,000). (AP Photo/Pavel Golovkin, File) (The Associated Press)

FILE - In this July 11, 2015, file photo, Serena Williams, of the United States, holds up the trophy after winning the women's singles final against Garbine Muguruza, of Spain, at the All England Lawn Tennis Championships in Wimbledon, Prize money at Wimbledon is increasing 5 percent this year, with the men's and women's singles champions to receive 2 million pounds ($2.9 million). Organizers announced Tuesday, April 26, 2016 that total prize money for the grass-court Grand Slam is going up to 28.1 million pounds ($40 million). The prize for the singles champions has been raised by 6.4 percent, or 120,000 pounds ($175,000). (AP Photo/Kirsty Wigglesworth, File) (The Associated Press)

Prize money at Wimbledon is increasing 5 percent this year, with the men's and women's singles champions to receive 2 million pounds ($2.9 million).

Organizers announced Tuesday that total prize money for the grass-court Grand Slam is going up to 28.1 million pounds ($40 million).

The prize for the singles champions has been raised by 6.4 percent, or 120,000 pounds ($175,000).

Last year, Novak Djokovic and Serena Williams each collected 1.88 million pounds ($2.74 million).

Over the past five years, total prize money has gone up 92 percent.

The 130th edition of the tournament will be played at the All England Club from June 27-July 10.