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U.S. Open champs to get event-record $3 million

White Plains, NY (SportsNetwork.com) - This year's U.S. Open singles champions will enjoy a windfall of $3 million apiece.

The United States Tennis Association also announced that total prize money for the Grand Slam tournament will be $38.3 million, an increase of 11.7 percent from $34.3 million a year ago.

Last year's Open champs -- Rafael Nadal and Serena Williams -- pocketed $2.6 million apiece.

A first-round singles loser in Flushing Meadows will earn $35,750, an increase of $3,750.

Last week's Wimbledon champs -- Novak Djokovic and Petra Kvitova -- each collected $3.019 million.

The 2014 U.S. Open will commence Aug. 25.

07/09 13:48:48 ET