Defending champion Djkokovic, who is playing the prize China Open in Beijing, welcomed the australian announcement after a three-set win over German qualifier Michael Berrer Tuesday.
The tennis Australian Open has released a break up of open the prize money it will give to players in each round on Thursday.
Wood revealed that officials will seek the views of ATP Tour players regarding the breakdown of the prize purse to make sure lower ranked players received greater compensation for their efforts.There had been reports of a potential boycott by players over the amount of money on offer to those beaten in the early rounds.A hard court tennis surface will be laid for the match from November 16-18 and it will come hard on the heels of the final of the women's Fed Cup on November 3-4, where holders the Czech Republic take on Serbia at the same venue.ATP chief executive Brad Drewett added: "We welcome the increase in prize money for the 2013 Australian Open and acknowledge the ongoing efforts of Tennis Australia to recognise the role of the players in the success of the tournament."They have clearly shown understanding for players' money demands and what the players had to say, so that's really nice to see." "But it's not over yet he added.Prize money for the fourth round, quarter-finals and semis has gone up by an average of more than.The money on offer in Melbourne in January beats the.06m at Wimbledon and.9m at the US Open this year."It's a step forward, definitely the Serbian, who is a member of the ATP Player Council, told AFP."There are other grand slams that need to react, money and we money are still in negotiations and we are still doing it behind closed doors.". Move designed to meet concerns of players over breakdown of prize purse.
That is why the full biggest increases are in boom the earlier rounds, qualifying and doubles which in effect rewards a table lot of the lower-ranked players for their achievements money which, by the way, should not be undersold.
Tournament director Craig Tiley said he would meet leading players Roger Federer, Novak Djokovic games and Andy Murray in Shanghai this weekend to discuss the issue, which had prompted reports of a possible player boycott of the opening grand slam of the season.
The increase.12 million will see players compete for their share thrones of a record.1 million in January's tournament in Melbourne.
Several ATP players spoke of boycotting knights the grand slams earlier this year if the slams did not give a higher share of profits to the players.
Tournament organisers have announced an increase.6m for the total fund of the 2013 event.At the same time, we also still want to continue to recognise the incredible drawing power and contribution of the top players.'.The 2013 Australian Open will boast the biggest prize pool in the history of tennis, organizers announced Tuesday.As we have said in the past, it is a real issue and needs to be urgently addressed throughout the sport.Jo-Wilfried Tsonga, the third seed in Beijing, was also extended to three sets by Uzbekistan's unseeded Denis Istomin before winning.We have led the world in prize money for these incredible athletes.".Tennis Australia chief executive Steve Wood said: "We are proud to announce this major increase in prize money.First-round losers in Melbourne will receive 27,600,.7 per cent increase from 2012; second-round losers will pocket 45,500 (up.6 per cent) and; third-round losers will earn 71,000, a 30 per cent increase from the 54,625 this year."We also look forward with confidence to continuing these successful discussions with a view to a longer-term understanding.".Novak Djokovic is the current holder of the men's title, while Victoria Azarenka is the reigning women's champion.Prague to host Davis Cup final between Czech Republic and Spain.Distribution board of the 2013 pot has yet to be decided but 2012's winners each won.46m.Story highlights, australian Open boosts prize money for 2013 event to record.1 million.Novak Djokovic, the Australian Open will become the richest tournament in tennis history with a prize fund.3m next year.

Novak Djokovic welcomes decision after winning first round match at China Open.
Like Djokovic, the australian tennis open prize money 2013 prize money Scot was playing his first match since the final grand slam of the season as he defends his title in Tokyo.
"We have led the world in prize money for these incredible athletes and we want to ensure that the Australian Open continues to make a major contribution to the financial well being of professional tennis players.".