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Australian Open organizers splash cash at players
Oct 2nd 2012, 05:39

MELBOURNE (Reuters) - The Australian Open has hiked total prizemoney by 15 percent to a record A$30 million ($31.15 million) with an eye on satisfying player demands for a better share of grand slam revenues, Tennis Australia CEO Steve Wood told Reuters on Tuesday. Players from the men's draw said they were on the verge of boycotting last year's tournament after a heated meeting before the tournament, citing...

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