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TENNIS

2022 US Open: How much prize money did Carlos Alcaraz win? What is his net worth?

Carlos Alcaraz claimed his first Grand Slam title in New York and rose to number one on the world, which represents quite the payday for the 19-year-old.

Update:
Alcaraz's US Open bank balance boost
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Carlos Alcaraz became a first-time Grand Slam winner at the US Open and also rose to the number one spot in the ATP ranking, becoming the youngest player to do so in the history of the Open Era ranking system. The Spanish prodigy will not only take home the winner’s check from New York, which is a decent chunk of the overall tournament prize money pot of $60.1 million, he can also expect a queue of sponsors to be knocking on his door over the next week as companies seek to cash in on the newest sensation in the men’s game.

Alcaraz, who defeated Casper Ruud in the final in four sets, earned $2.6m for his win, the same amount as the WTA champion Iga Swiatek, who beat Ons Jabeur. After a prize money bump by the USTA this year, that’s nearly half a million dollars more than what Russia’s Daniil Medvedev and Britain’s Emma Raducanu took home last year. For their part, Ruud and Jabeur will pocket $1.3m as runners-up.

Alcaraz’s career earnings

Radacanu is an example of how sponsors line up to take advantage of a new champion. Before the 2021 US Open the British number one had barely been heard of on the WTA Tour, yet alone beyond it, but after her sensational run to the title she signed endorsdement deals with Tiffany, Dior, British Airways, Evian, Vodafone, Porsche and HSBC. Her net worth in June 2022 was estimated at $14m, just over $3.5m of which came from on-court earnings.

Alcaraz has already earned $8.9m on court, and became a brand ambassador for Rolex in January. The 19-year-old can expect a raft of offers after his triumph in New York and a huge economic outlay from sponsors keen to ride his wave of popularity. Before New York, Alcaraz was estimted to have a net worth of between $2m and $5m, but that will skyrocket in the coming weeks. Nike and Babolat already endorse Alcaraz’s clothing and rackets, respectively, and the sports firms are the other big winners from the youngster’s US Open triumph. Competitors are now playing catch-up, with the teenaged Grand Slam winner able to name his price.