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Well, maybe now someone will up and take notice that there's a Depression:
http://ca.sports.yahoo.com/ten/news?...ress&type=lgns
The article, unfortunately, does not give this year's prices for Strawberries and Cream. Bring your own.
LONDON - The Wimbledon champions are getting a big increase in prize money this year, at least when it comes to the British pound.
The prize for each of the men's and women's champions went up by 13.3 per cent to 850,000 pounds (US$1.24 million), organizers said Tuesday, but the pound's weak exchange rate means that translates to a reduction in dollars of 17 per cent from last year's US$1.49 million.
Buoyed by a new television contract in Asia and the extension of its commercial agreement with IBM, the tournament has also raised the total prize fund for the June 22-July 5 tournament by 6.2 per cent to 12.55 million pounds (US$18.38 million).
But that still compares unfavourably to last year's US$23.46 million despite the increase being nearly double the 3.4 per cent hike the All England Club managed 12 months ago.
All England Club chairman Tim Phillips said the event was doing what it could to help offset the weakened exchange rates and maintain the prestige among players of the only grass-court Grand Slam.
"Most of the players here don't bank in sterling," Phillips said. "We have to be mindful of the fact that a year ago it was $2 to the pound."
The pound has dropped by more than 25 per cent against the U.S. dollar since last year's prize money was announced, and has slumped by about 11 per cent against the euro. On Tuesday, the exchange rate was $1.45 to one pound.
The prize for each of the men's and women's champions went up by 13.3 per cent to 850,000 pounds (US$1.24 million), organizers said Tuesday, but the pound's weak exchange rate means that translates to a reduction in dollars of 17 per cent from last year's US$1.49 million.
Buoyed by a new television contract in Asia and the extension of its commercial agreement with IBM, the tournament has also raised the total prize fund for the June 22-July 5 tournament by 6.2 per cent to 12.55 million pounds (US$18.38 million).
But that still compares unfavourably to last year's US$23.46 million despite the increase being nearly double the 3.4 per cent hike the All England Club managed 12 months ago.
All England Club chairman Tim Phillips said the event was doing what it could to help offset the weakened exchange rates and maintain the prestige among players of the only grass-court Grand Slam.
"Most of the players here don't bank in sterling," Phillips said. "We have to be mindful of the fact that a year ago it was $2 to the pound."
The pound has dropped by more than 25 per cent against the U.S. dollar since last year's prize money was announced, and has slumped by about 11 per cent against the euro. On Tuesday, the exchange rate was $1.45 to one pound.
The article, unfortunately, does not give this year's prices for Strawberries and Cream. Bring your own.
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