Aussie Open set for record purse in '12

MELBOURNE, Australia -- Next year's Australian Open will be the richest tournament in Grand Slam history, with the winners of both the men's and women's singles to pocket $2.2 million.

Organizers announced Tuesday that a total of $25 million will be paid out in next January's event.

Martina Hingis will be the main attraction to the new women's legends event, although there was no immediate confirmation of reports the former world No. 1 would play mixed doubles with Swiss compatriot Roger Federer in preparation for a potential pairing at the 2012 Olympic Games.