Malta Independent

Men's tennis tour payouts up $37.5M to above $215M in 2023


Player compensati­on on the ATP Tour and the lower-level ATP Challenger Tour will rise to a record $217.9 million combined in 2023, thanks to a $37.5 million increase announced Thursday that is the largest single-season jump for the men's tennis circuit.

On-site prize money will go up $18.6 million on the ATP Tour, boosted by the growth of Masters 1000 tournament­s in Madrid, Rome and Shanghai from eight- to 12-day events.

The Masters 1000s in Canada and Cincinnati will both expand to 12 days in 2025.

The ATP is also increasing its 2023 bonus pools to $21.3 million, an 85% increase from 2022.

Prize money for the ATP Challenger Tour is set to go up 75% next season, from $12.1 million to $21.1 million.

The ATP Tour said in June it was establishi­ng a new profitshar­ing formula that would result in more money going to players.

This is all apart from whatever potential growth in compensati­on might come next year at the four Grand Slam tournament­s — the Australian Open, French Open, Wimbledon and U.S. Open — which are run independen­tly of the ATP and WTA tours.

Newspapers in English

Newspapers from Malta