The total prize money for this year's Wimbledon has been increased to £25 million - an increase of more than 10% that will mostly favour the early-round losers.
The All England Club revealed on Tuesday that the gentlemen's and women's singles champions will each receive £1.76m, £160,000 more than 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% more than in 2013.
'We've placed emphasis on the large group of players who need our help the most, those players who lose in qualifying and in the early rounds of the Championships,' said Philip Brook, chairman of the All England Lawn Tennis Club.
'We also had an eye to being competitive internationally, and we do keep our watch on what is going on in other tennis events and in particular the other grand slams.'
The 2014 Championships begin on June 23, with the final scheduled for July 6.
In keeping with player demands for a larger slice of grand slam revenues, all four majors have greatly increased their prize money in the past two years, with Wimbledon offering the biggest amount following a record 40% increase last year.
The French Open now offers more than €25m (£20.6m) while the US Open increased its purse to $34.3m (£20.4m) and the Australian Open went up to AU$33m (£18.2m).
The Wimbledon prize money for the majority of singles players who lose in the first three rounds of the grass-court tournament has been increased by more than 100% over a three-year period.
The main increase this year is for first-round losers, with each receiving £27,000, 15% more than last year.
'This year we've got a very generous increase once again,' Brook added. 'We wanted to build on the focus from 2012 and 2013.'
There will also be an increase of 9% in prize money for doubles and a 6% for mixed doubles.
In all, an extra £2.4m is up for grabs compared to last year.
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