How Much Money Do Tennis Players Make?

How much money do tennis players make? It depends on a number of factors, including their ranking, how often they play, and whether they win or lose. The top players can make millions of dollars per year, while lower-ranked players may only make a few thousand.

Prize Money

Prize money is the largest source of income for most professional tennis players. In 2018, the four Grand Slam tournaments – Australian Open, French Open, Wimbledon and US Open – offered a record-breaking prize money of $100 million. The prize money for each tournament is divided among the players who compete in that event.

Grand Slams

While ATP and WTA tournaments offer up different overall prize pools, the payouts for each individual event are similar. For both sexes, grand slams offer up the biggest purses. Here’s a look at how much money players can earn at each of tennis’ four majors.

Wimbledon – The oldest and most prestigious tennis tournament in the world, Wimbledon comes with a suitably large payday. In 2018, singles winners took home £2.2 million (about $2.9 million), while runners-up earned £1.1 million (just over $1.4 million).

Doubles winners netted £350,000 (approximately $455,000) per team, while doubles runners-up received £175,000 (roughly $225,000) each. Mixed doubles teams that won earned £105,000 (around $135,000) per player while runners-up cashed checks for £52,500 (a shade over $67,500). All prize money figures cited are in British pounds and have been converted to U.S dollars according to current exchange rates.

The French Open – The second grand slam of the year is played on the red clay courts of Roland Garros in Paris. In 2018, Rafael Nadal and Simona Halep earned €2 million (approximately $2.3 million) for winning the men’s and women’s singles titles, respectively. Runners-up Marian Cilic and Sloane Stephens took home €1 million (just over $1 million) each.

As at Wimbledon, French Open doubles winners received €350,000 per team while mixed doubles champions banked €105,000 per player. Runners-up in both competitions received half of those amounts. All prize money figures cited are in Euros and have been converted to U.S dollars according to current exchange rates

The U.S Open – New York City’s Grand Slam is unique among the majors in that it is the only one played on hard courts. The 2018 tournament saw Novak Djokovic and Naomi Osaka emerge victorious in the men’s and women’s singles competitions and take home identical payouts of $3.8 million each . While that represented a nice raise from 2017 when singles winners were paid “just” $3.7 million apiece , it still lagged behind Wimbledon and the French Open where first place payouts were approximately $460,000 higher . As with the other grand slam events described above , U..S Open doubles winners walked away with $675,000 per team while mixed doubles champions cashed checks for $185 000 per player .

ATP and WTA Tours

ATP and WTA Tours are the two main governing bodies that oversee professional tennis around the world. The ATP Tour is the men’s tour, while the WTA Tour is the women’s tour. EachTour has its own schedule of events, which take place throughout the year in different locations around the world.

The prize money for ATP and WTA events varies depending on the tournament, but there are some big differences between the two Tours. The ATP Tour offers significantly more prize money than the WTA Tour, especially at the Grand Slam tournaments. For example, at Wimbledon in 2019, the total prize money for the men’s event was £38 million (approximately $49 million), while the prize money for the women’s event was £30 million (approximately $39 million).

Of course, there are also many other smaller tournaments that take place throughout the year on both tours, with smaller prizemoney pots up for grabs. But overall, it’s clear that there is a significant difference between what male and female tennis players can earn from playing professional tennis.

Endorsements

Tennis players make a lot of money from endorsements. The top players in the world can earn millions of dollars per year from endorsement deals. Roger Federer, for example, has earned over $100 million from endorsements in his career. Endorsement deals usually last for multiple years, and tennis players can often earn more from endorsements than from their prize money.

Top Earning Tennis Players

In 2017, the top 10 highest-paid tennis players took home a cumulative $143.8 million. That’s an average of more than $14 million per player, and it doesn’t even include endorsement incomes. This list only factors in prize money won during the 2017 calendar year. Below are the top 10 highest-paid tennis players in the world.

1. Roger Federer – $77.2 million
2. Rafael Nadal – $41.4 million
3. Novak Djokovic – $37 million
4. Grigor Dimitrov – $15 million
5. Kei Nishikori – $14.6 million
6. Stan Wawrinka – $13 million
7. David Goffin – $9 million
8. Jack Sock – $8 million
9 Juan Martin del Potro – $7 million
10 John Isner – $6 million

Conclusion

In conclusion, tennis players make a lot of money. The top players in the world make millions of dollars per year in prize money, endorsements, and sponsorships. While the average tennis player does not make as much money as the top players, they can still make a comfortable living by playing professional tennis.