World number one ranked Serena Williams has been fined a record $82,500 for her outburst on a line judge at this year U.S Open and recieved a stern warning from the officials that if she has another “major offense” at any Grand Slam in the next two years that will result in her suspension from the U.S. Open in 2010, 2011 and/or 2012 and her fine would be increased to $175,000.

The ITF officials  said Williams faces a “probationary period” at four grand slams in 2010 and 2011 and if she does not have another offense in the next two years, the suspension will be lifted.

“I am thankful that we now have closure on the incident and we can all move forward,”  said Williams. “I am back in training in preparation for next season and I continue to be grateful for all of the support from my fans and the tennis community.”

Serena yelled at a lineswoman after she called for footfault for which she was penalised a point which happened to be the match point and eventually lost the semifinal match against Kim Clijsters.