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TENNIS

How much prize money did Carlos Alcaraz get for winning the 2023 Madrid Open?

With the Madrid Open now concluded and tennis’ newest star crowned champion, it’s time for a look at how much the Spanish prodigy pocketed with his win.

With the Madrid Open now concluded and tennis’ newest star crowned champion, it’s time for a look at how much the Spanish prodigy pocketed with his win.
PIERRE-PHILIPPE MARCOUAFP

If one thing is clear, it’s that Carlos Alcaraz is no flash in the pan. Following his impressive victory in the final of the 2023 ATP Madrid Open on Sunday, the Spaniard affirmed the idea that he is the man of the moment in the world of tennis.

Carlos Alcaraz wins Madrid Open

The curtain came down on the 2023 ATP Madrid Open on Sunday, May 7th and with it Carlos Alcaraz clinched the title after defeating Germany’s world No. 65, Jan-Lennard Struff, in the final. In a match that lasted two hours and 25 minutes, the current world No. defeated Struff 6-4, 3-6, 6-3 to successfully defend his Madrid title. Having done so he is now only the second player, along with his countryman Rafa Nadal to win the tournament two consecutive times.

It’s worth noting, that Alcaraz is also the youngest player to successfully defend an ATP Masters 1000 title, since Nadal at Monte-Carlo and Rome in 2005-06. In what was the 20-year-old’s 21st consecutive win on Spanish clay courts and his 29th match win of the season, he showed true poise and form. Something worth recognizing, especially when considering that this year’s Madrid Open was extended to a fortnight and featured a 96-player draw in the saw way as Indian Wells and Miami. To that end, the prize money was understandably increased. Yet, just how much money was on offer in Madrid and how much of it did Alcaraz take home?

What did Carlos Alcaraz get paid for his Madrid Open victory?

With the 2023 Madrid Open seeing an increase in the prize money, the purse stood at €7,705,780. What that meant, is that for his efforts in the Spanish capital Alcaraz took home an hefty sum of €1,105,265 ($1,271,055), an increase of 6.12% from just one year ago. By that same token, runner-up Struff earned €580,000 ($667,000), which was a 1.97% increase from last year.

Regarding the rest of the lineup, the two defeated semifinalists, Borna Coric and qualifier Aslan Karatsev, both pocketed €308,790 ($355,109). As for the losing quartfinalists, Karen Khachanov, Daniel Altmaier, Stefanos Tsitsipas and Zhang Zhizhen were all awarded €161,525 ($185,754). Then, there were those who were eliminated prior to the quarterfinals, all of whom received €84,900 ($97,635), while those who made Round of 32 saw their accounts bumped up by €48,835 ($56,160). Lastly, those who exited the tournament in the second-round were still shown some love for their troubles with a paycheck of €27,045 ($31,102), while those who lost in the first round received €16,340 ($18,791).