With$ 16.95 million in game prizes, Jannik Sinner is the president in golf prize money won through Nov. 18. The Italian won the U.S. Open in September, earning$ 2.1 million for his first big victory at the Australian Open in January, and earned$ 3.6 million as a result. Most recently, he raked in$ 4.88 million at the Nitto ATP Finals in Turin, a record for an ATP event.
Back in August, Sinner was docked the$ 325, 000 he earned at Indian Wells after testing positive for a banned material, but he more than made up for it by winning eight games in 2024. At the illegal Six Kings Slam exhibition game in Saudi Arabia in October, Sinner received an additional$ 6 million worth, which is not included in his overall.
Aryna Sabalenka, the other singles success in both Melbourne and New York, ranks second with$ 9.73 million in year-to-date reward income. The children’s earth No. Despite winning really two different titles this year, Sinner received the exact compensation as Sinner for her victories at the two hard-court Grand Slams.
Carlos Alcaraz ‘ two big victories at Roland Garros and Wimbledon put him in second place nevertheless, with$ 9.85 million. Just 21 years old, Alcaraz is already ninth all-time in ATP career prize money, with a total of more than$ 35 million.
People hold five of the top ten locations in the 2024 prize money rankings now that the professional tour is almost over. Twenty-four men and 15 women have earned more than$ 2 million this calendar year from their on-court performance.
The major players had their last chance to win big this year with the ATP Tour Finals, which came to an end on Sunday. A handbag of$ 15.2 million was distributed among an exclusive group of eight members.
Also to come, however, are benefit swimming payments. Additional funds are anticipated to be distributed by January 2025 to the top 30 people with the most ranking positions at the ATP Masters 1000 activities and the ATP Finals. In recent years, both the pool’s size ( now more than$ 20 million ) and the number of players who receive bonuses have grown.
Tennis players are compensated based on the square they lose in competitions, with payments increasing more and more lucrative as the player’s success grows. A first-round fool at 2024 Indian Wells received$ 30, 050, while the game runner-up won$ 585, 000 and the champ$ 1.1 million.
Singles people typically earn more money than double draws, but singles players also profit from playing doubles at occasions that feature both types.
Various competitions have varying stakes for different amounts of money. Throughout the year, there are 250-level, 500-level and 1000-level events, the range refers to how many standing items winners receive. More items are typically awarded in games with higher payouts.
The four majors—the American Open, French Open, Wimbledon and U. S. Open—award 2, 000 ranking positions. They also have larger bags.
For example, the 2024 U. S. Open allocated$ 3.6 million to each singles champion, while the 2024 Winston-Salem Open, an ATP 250 function, dished out$ 107, 000 to its hero the previous year. On the Challenger Tour, where many professionals generally receive minimal five numbers for winning an event, many professionals even participate.
Although the final two Energy Finals and WTA Finals have less common interest than the majors, they are still very profitable. In fact, the$ 4.41 million that Novak Djokovic earned for winning the 2023 ATP Finals is nearly more than he made for winning the 2023 Australian Open ($ 2 million ) and the 2023 French Open ($ 2.5 million ) combined.
Last year, 15 women and 21 men earned at least$ 2 million. Since 2007, all four degrees have paid both genders likewise, but many of the biggest competitions that men and women both compete in instantly nevertheless pay men. For instance, the Cincinnati Open paid out approximately$ 6.8 million to male players in 2024 and just$ 3.2 million to female players, while prize money disparities at lower-level games are even worse.
In 2022, Świątek was so dominant on the court that she nearly became the first woman to be the highest-paid tennis player in a single season since 2003, when Kim Clijsters ($ 4.47 million ) out-earned Roger Federer ($ 4 million ). In 2023, but, the gender pay gap at the top of the game was the largest in years. The top 10 male players collectively earned$ 84.6 million in 2023, 62 % more than the$ 52.1 million earned by the top 10 female players.
In the world professional sports environment, tennis also offers the most earning potential for women, as seven of the 10 highest-paid sexual athletes in 2023 played golf. There is still a lot of work to be done to close the gender gap nevertheless, despite the promise that some tournaments will soon offer equal pay.
Additionally, ATP bonus pools, which distribute more profits to the game’s top players, offer significant benefits to male tennis players. Bonus payments are predicated on year-end position and participation in a specific amount of 1000-level competitions, but last year the share ballooned to$ 21.3 million, where it remains for 2024.
For both females, sport is dominated materially by the elites. Last month, Djokovic earned nearly four times that of the 11th highest-paid person, Taylor Fritz, and there was a similar proportion between Swiatek’s profits and those of the 11th highest-paid person, Petra Kvitova.
This year, the purses for the ATP Finals and WTA Finals totaled more than$ 14 million. The best eight players in these tournaments are the only ones who are included, which contributes to the sport top-heavy award income distribution. They are basically “rich get richer” events to close the time.
Djokovic’s 2023 ATP Finals win gave him the sixth-most prize money always in a year, with prices giving him a raise over his own strong 2011 and 2012 activities. He now has four of the best prize-winning seasons of all time, and he leads Rafael Nadal in terms of career winnings with a$ 50 million lead. Djokovic’s life prize money totals$ 185 million.