Wimbledon was lauded after the tournament agreed to pay out 10 million pounds (12.5 million U.S. dollars) in prize money to 620 players who would have taken part had it not been canceled.

After consulting with its insurance provider, the All England Club said 256 players who would have competed in the main draw will each receive 25,000 pounds (31,000 U.S. dollars), while 224 players who would have competed in qualifying will each receive 12,500 pounds (15,600 U.S. dollars).

"Immediately following the cancellation of The Championships, we turned our attention to how we could assist those who help make Wimbledon happen," All England Club chief executive Richard Lewis said.

In addition, 120 players who would have competed in doubles will each receive 6,250 pounds (7,800 U.S. dollars); 16 players who would have competed in the wheelchair events will each receive 6,000 pounds (7,500 U.S. dollars); and four players who would have competed in the quad wheelchair events will each receive 5,000 pounds (6,200 U.S. dollars).

"We know these months of uncertainty have been very worrying for these groups, including the players, many of whom have faced financial difficulty during this period and who would have quite rightly anticipated the opportunity to earn prize money at Wimbledon based on their world ranking," Lewis said.

"We are pleased that our insurance policy has allowed us to recognize the impact of the cancelation on the players and that we are now in a position to offer this payment as a reward for the hard work they have invested in building their ranking to a point where they would have gained direct entry into the Championships 2020."

The act to allocate the prize money was lauded by players. 

"Amazing news – always a class act and leader of our sport. Well done @Wimbledon – can't wait to be back next year," tweeted former world number one and four-time Grand Slam singles winner Kim Clijsters.

"Just when you thought you couldn't love @Wimbledon any more," tweeted Britain's Marcus Willis, who famously reached the second round in 2016, where he lost to Roger Federer.

(Cover image: A "The Championships" logo is seen at Center Court during previews for the Wimbledon Lawn Tennis Championships at the All England Lawn Tennis and Croquet Club on in London, England, June 21, 2007. /VCG)

(With input from agencies)