• Total prize pool for tournament will be $108m

• Players guaranteed $140,000 for making first round

The world’s leading tennis players have welcomed the US Open’s announcement of a 20% increase in prize money and agreed not to continue their protests at this year’s tournament as a result.

The build up to both the French Open and Wimbledon was overshadowed earlier this year by a media boycott as the players continue to demand a greater share of tournament revenues, but after the US Tennis Association announced a record prize pot of $108m there will be no such disruption at Flushing Meadow.