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Prize Money In Tennis: ATP, WTA & Challenger Insights 2024

So, you want to know about prize money in tennis? You are wondering how much elite players earn, and are curious about life as a professional. Is it a life of privilege for all, earning millions while playing the game we love? Well, wonder no more, the Bros have you covered with our detailed breakdown.

Our analysis will almost certainly make you envious, but it may surprise you for very different reasons too. Prize money in tennis varies wildly. From grand slam winning, multi-millionaires, to journeymen and fledgling pros, life on tour can mean very different things depending on your level.

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Tennis Prize Money at the Different Levels of the Game

The big names and the biggest stages on which they play are familiar to us all. And thanks to social media we have a window into their world beyond the court. Private jets, lucrative brand deals, and A-list friends are commonplace, but this is not real life for tennis players at every level. 

For the majority of players, life on tour is tough. Prize money seldom covers a player’s expenses and it may come as a surprise just how little some professionals earn. Here we explore each level of the professional game and assess what prize money is on offer.   

Prize Money on the ITF Tours 

Life in the paid ranks starts with the ITF Futures Tour for men and for female players, the ITF Women’s Tour. This level is the foundation from which many of today’s superstars have graduated.

It is home for many new professionals and elite juniors allowing them to earn official ranking ATP points as they begin their quest to join the higher echelons.

Prize money at this level is very modest with both men and ladies competing for tournament funds totaling between $15,000 and $25,000.

Winners take home anything between $2000 and $4000 while first-round losers earn a meager cheque relative to the expense associated with travel, accommodation, and all sundry costs. Expenses that can often include equipment with many players having no brand deals at this level. Consequently, early-round losses for ITF Futures players can often result in a net loss for that week.

And if you want a real-life example of how tough things are for players at this level, we dive into this – later in this article.

The ITF World Tennis Tour, formerly known as the ITF Futures Tour, doesn’t have multiple prize money tiers like the ATP Challenger Tour. ITF World Tennis Tour events are split into different tournament categories based on a set amount of prize money offered. In 2024, these categories are:

• Men’s: M15 ($15,000) and M25 ($25,000)
• Women’s: W15 ($15,000), W25 ($25,000), W50 ($50,000), W75 ($75,000) and W100 ($100,000)

It’s important to remember that this is the total prize money for the entire tournament, which is then divided among the players based on their performance in the singles and doubles competitions.

Winners will receive the biggest chunk of the prize money, while losers will receive much less. The ITF doesn’t disclose specific breakdowns for how prize money is distributed amongst winners and losers.

Prize Money on the Challenger Tours 

The next level for professional players is the ATP Challenger Tour and WTA Challenger Series for men and ladies respectively. Here the prize money increases significantly. But again, players are battling for prize pots that are a fraction of what is made available to the game’s elite. 

In 2021, ATP Challenger Tour players competed for prize money ranging from $36,680 to $156,240 per tournament, whereas their WTA counterparts contested similar purses. For tournament winners, on average, this equated to a payday of around $21,000 to go with the winner’s trophy.

Things will change dramatically in 2023 however. A huge cash injection being made by the ATP Tour is set to elevate prize money by 60% for Challenger Tour players. 

The ATP recently announced an increase in total prize money for the 2023 season which sees their total commitment reach $21.1m over 195 tournaments. Furthermore, they have simplified the tournament ranking system.

You may hear of tournaments being classified as ATP 125 or ATP 150 and have wondered if that has something to do with prize money. Well, it refers to ranking points. The winner of an ATP 125 event garners 125 ATP ranking points. Naturally, prize money tends to increase in correlation with the ranking points on offer. 

The availability of more ranking points attracts better players, better players mean bigger audiences. Therefore the caliber of sponsors improves and so the tournament coffers grow. Thus, we generally see a direct correlation between ranking points and the prize money on offer. 

And along with increasing prize money, the ATP Tour will also revamp its ranking point classifications for Challenger Tour level tennis. In 2023 players will compete in ATP 50, ATP 75, and ATP 100 tournaments with some of the more obscure classifications (ATP 90, ATP 110) now defunct.

Finally, 2023 also sees the introduction of three ‘premium’ ATP Challenger Tour events. Players will not only play for 175 ranking points but will also duel over a $220,000 prize fund per tournament – unprecedented at this level.

Clearly (and by their own admission), the ATP Tour comprehends the importance of tennis at this level and its responsibility to help incubate future superstars. With increased financial commitment the tour is attempting to attract burgeoning talent, making it a more desirable and watchable pursuit.

The prize money on the ATP Challenger Tour in 2024 varies depending on the tournament. The ATP sets a minimum prize pool of $41,000 (or €36,900) for Challenger Tour events, but some tournaments offer significantly more. The highest tier of Challenger events, Challenger 175, offers a total prize pool of $220,000 (or €200,000) or more.

Here’s a breakdown of the prize money tiers for Challenger Tour events in 2024:

Challenger 175: $220,000+ (or €200,000+) Challenger 125: $160,000+ (or €145,000+) Challenger 100: $130,000+ (or €118,000+)

It’s important to remember that this is the total prize money for the entire tournament, which is then divided among the players based on their performance. Winners will receive the biggest chunk of the prize money, while losers will receive much less.

Prize Money on the Main Tours

As we have seen, tennis can be complicated when it comes to the many levels and associated prize money. And once we graduate to the main tours, the theme of tiers continues with tournaments ranging from ATP 250 to Grand Slam events.

In terms of how the various tournament levels translate into prize money, the below table gives a flavor of what players at most levels play for.

To illustrate the divide between levels, we can see that a winner of a Challenger 125 tournament roughly earns the same prize money as a first-round loser in an ATP 1000 tournament. Of course, you have to be pretty exceptional to be eligible for an ATP 1000 event, having ascended the ranks through ability, and in that respect, tennis can be considered a merit-based hierarchy.

Grand Slam Prize Money

The ultimate ambition for a tennis professional is to win one of the four Grand Slam tournaments. And while most players will say that tennis at this level is about history not prize money, the financial rewards are eye-watering as the below table shows.

Simply by reaching each of the four slams a player can earn over $250,000 and for many players that alone is a primary objective – to get through qualifying and potentially progress enough to help bankroll future months of travel, hotels, and coaching.

Sponsorship and more: Riches that transcend prize money

For those gifted enough to take home one of the most coveted trophies in tennis, the prize money is mere frosting on what is a very rich cake.

Emma Raducanu is the most recent example of how snagging a slam can transform a player’s profile and indeed bank balance. The young Brit pocketed a cool $2.5m for her 2021 US Open win, but that figure has been eclipsed many times thanks to a queue of blue-chip sponsors eager to capitalize on her success. A list that includes Tiffany, British Airways, Nike, Evian and Porsche. 

Additionally, Emma’s sponsors also include Wilson Tennis. She uses their Blade frame and if you are curious about her racket of choice we have a comprehensive resource dedicated to the Blade line.

Raducanu reportedly earns north of $9m each year from her portfolio of sponsors, a figure that dwarfs her 2022 on-court earnings of $697,000. A theme that is best illustrated if we study Roger Federer’s lifetime earnings.

During his career Roger Federer used his Wilson RF97 to earn over $130m earned from prize money alone. However, it is believed that Roger’s ‘total’ lifetime earnings comfortably surpasses $1bn, garnered from endorsement deals, lucrative appearance fees and merchandise sales. Proof indeed, that grand slam success is only the start – a gateway to a world that Futures players can only dream about.

And if this was not enough, the eight most successful players at the season-end (also the year’s highest earners) qualify for the season-ending ATP and WTA Finals tournaments. These limited field events see players from each respective tour battle for prize money totalling $14.7m for the men and $5m for the ladies.

If you still have an appetite for yet more wealth, there are always exhibition matches and bespoke tournaments such as the Laver Cup. It is not uncommon for elite players to command north of $500,000 for personal appearances and for those selected for the Laver Cup, they can pocket between $150,000 and $250,000 depending on the result.

For the majority of players, the struggle is real 

Media outlets tend to focus primarily on major tournaments, narrowing the public’s focus exclusively upon the higher echelons of tennis. The reality however, is stark and for every Emma or Roger, there are countless players who routinely lose money in their quest to play professional tennis.

Serving for the Wimbledon title is pressure but playing to merely pay this week’s bills and to travel next week is something else entirely. Expenses (per season) for a traveling professional can range from $40,000 for those on the strictest of budgets, to $200,000 for players electing to take their coach and/or physical trainer on tour. Figures that few lower-tier players can cover without winning consistently.

Recently, BBC Sport interviewed Algerian WTA player Ines Ibbou, who highlighted the struggle faced by players outside of the top 200. A world where prize money fails to cover all expenses and luxuries like free rackets and strings are non-existent. A sobering read that highlights the huge gulf between aspiring pros and the established elite.

Prize Money In Tennis and the Gender Debate 

No discussion of prize money in tennis would be complete without considering the topic of gender inequality in tennis – a perennial hot topic.

Both women and men enjoy the same pay scale when it comes to the Grand Slams, albeit that was a protracted process with Wimbledon becoming the last slam to invoke parity in 2007, decades after the US Open adopted this policy in 1973. But beyond the major tournaments, there still exists a significant disparity in prize money between both sexes.

Even though tennis has the lowest gender pay gap of all professional sports, men still earn 34% more prize money on average than their female counterparts. Of course, many argue WTA players consistently play less tennis (a maximum of 3-sets) compared to men who can play a maximum of 5-sets (in Grand Slams only), but nonetheless, it will remain a contentious issue until the gap narrows even further.

Prize money in tennis: The Big Questions 

Tennis is fundamentally a business competing for the interest of sports fans in general. Naturally, elite players who generate attention and attract the biggest audiences monopolize the prize money ranks. But nonetheless, it still feels as though the gulf between elite-level players and new professionals is disproportionate – notwithstanding the disparity in prize money between genders. 

It would be criminal for a player with genuine talent to leave tennis due to affordability issues, and this is not just the Bros opinion. 

Novak Djokovic and fellow pro, Vasek Pospisil, launched a players-only council in 2020 with the remit of giving a voice to and being supportive of, players at all levels. The premise was not a redistribution of wealth, more so the creation of a body that is more aware and supportive of lower-tier tennis – notably to help create sponsorship opportunities for more players. 

The Professional Tennis Players Association (PTPA) as it is called was not widely accepted, however. Considered by many to be a breakaway and divisive faction it has yet to receive widespread support, even though its intentions appear credible. 

And so the existing dynamic and the same questions remain about an imbalance in the sport and how best to address it. But one thing is true, the rewards for those who make it are life-changing and available to all, providing you have the required tools to reach the summit. 

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Roll of Honour

Elite players who started out on the challenge tour.

Thomas BJØRN

Since topping the Challenge Tour Rankings in 1995 the Dane has won 15 European Tour titles. Also became the first Scandinavian Ryder Cup captain in 2018.

Justin ROSE

Competed on the Challenge Tour in 1999 and has gone on to win Ryder Cups, a Major Championship and a gold medal in the Olympic Games in 2016.

Won in his first full season on the Challenge Tour in 2006 on route to graduating. Since then has won eleven DPWT titles including the first ever Rolex Series event. Also starred in the 2018 Ryder Cup in Paris.

Tommy FLEETWOOD

Topped the Challenge Tour Rankings in 2011 and six years later won the Race to Dubai. Has also won numerous DP World Tour titles, and played in multiple Ryder Cups staring in Paris in 2018.

Tyrrell HATTON

Since progressing through the Challenge Tour ranks in 2013 has won four Rolex Series events and was a back to back winner of the Alfred Dunhill Championship. Ryder Cup player in 2018 & 2021.

Matthew FITZPATRICK

A Challenge Tour player in 2014 who has gone on to win US Open, two DP World Tour Championships and five other DP World Tour titles. Three time Ryder Cup player in 2016, 2021 & the victorious 2023 team

Nicolai HØJGAARD

A Challenge Tour player in 2019, Nicolai Hojgaard was an integral part of the winning 2023 European Ryder Cup team in Rome. In additional Nicolai is a three time DP World Tour winner and recent Rolex Series Winner winning the historic DP World Tour Championship to close a memorable 2023.

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Challenge Tour unveils 2023 schedule with record-breaking prize fund and 29 events

11.26am 15th December 2022 - Sponsorship & Events

The European Challenge Tour has announced its schedule for 2023, with Europe’a second tier tour set to feature a record overall prize fund and a minimum of 29 tournaments staged across three continents in 18 different countries.

Players will compete for total prize money of €8.2m, which will begin with the Bain’s Whisky Cape Town Open in February, the first of four co-sanctioned events with the Sunshine Tour in South Africa.

India returns as a host country for the first time since 2013 with two events in March, the Duncan Taylor Black Bull Challenge followed by The Challenge presented by KGA.

The Challenge Tour also returns to the UAE in April for the first time since 2018 with back-to-back events, including the Abu Dhabi Challenge, as part of the European Tour group’s long-term partnership with the Emirates Golf Federation.

It will then head to Spain in May for the Challenge de España, which will kick-start a run of 20 tournaments in 22 weeks and see the Road to Mallorca travel through 15 countries in Europe, including Italy for the Italian Challenge at Golf Nazionale, the venue which will then host the first two days of the 2023 Junior Ryder Cup in September.

The 2023 season will conclude with the Rolex Challenge Tour Grand Final supported by The R&A, at Club de Golf Alcanada from November 2-5, as the top 45 players on the Rankings battle it out for one of the life changing 20 DP World Tour cards.

Those 20 players who benefit from this formal pathway to the DP World Tour will then be eligible for the DP World Tour’s Earnings Assurance Programme, guaranteeing them minimum earnings of $150,000 for the 2024 season if they play in 15 or more events. The top five graduates will also benefit from the John Jacobs Bursary, similarly designed to provide security and a strong platform for their first season on the European Tour group’s top tier.

T he full Challenge Tour schedule for 2023 can be viewed by clicking  here .

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Challenge Tour Order of Merit

The Challenge Tour Order of Merit is formed of prize money won on the annual PDC Winmau Challenge Tour.

The PDC's second-tier tour features 25 £15,000 events being played across five weekends in 2024.

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Challenge Tour Live Blog: England’s Garrick Porteous Wins in Abu Dhabi

04/22/2024 by Golf Post Editors

Get all live updates for the Challenge Tour’s Abu Dhabi Challenge here. The event is played at Al Ain Equestrian, Shooting & Golf Club in Abu Dhabi.

Challenge Tour Abu Dhabi Challenge Live (Photo: Getty)

04/18 – 04/21/2024

Al Ain Equestrian, Shooting & Golf Club – Abu Dhabi

• Prize money: 300.000,00 €
• Defending champion: Ricardo Gouveia

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Abu Dhabi Challenge 2024 Live Scores

The Abu Dhabi Challenge in the season 2024 is being played in Abu Dhabi at the Al Ain Equestrian, Shooting & Golf Club. The tournament starts at the Thursday, 18th of April and ends at the Sunday, 21st of April 2024. The Abu Dhabi Challenge is part of the Challenge Tour in the season 2024. In 2024 all players competing for a total prize money of 300.000,00 €. The course for the tournament at Al Ain Equestrian, Shooting & Golf Club plays at Par 70.

The Abu Dhabi Challenge is hosted at the Al Ain Equestrian, Shooting & Golf Club as part of the Challenge Tour. The event brings together a broad field, including former DP World Tour winners and new talents.

Challenge Tour live

The Challenge Tour is a professional golf tournament series that acts as the second tier below the DP World Tour . It serves as a development league and offers aspiring golfers the opportunity to develop their skills at a higher level, gain experience and qualify for the European Tour.

The Challenge Tour is internationally orientated, with tournaments held in various European countries and outside Europe. This offers players a varied experience on different golf courses and in different competitive conditions. The tour attracts golfers from all over the world who are interested in furthering their careers in professional golf.

As with the Korn Ferry Tour, the top players on the Challenge Tour qualify for the higher tour, in this case the European Tour, at the end of each season. This is usually based on the Challenge Tour ranking, with the best players receiving a Tour card. This promotion is a key goal for many players on the Challenge Tour, as it allows access to more prestigious tournaments, higher prize money and greater visibility in the world of golf.

Overall, the Challenge Tour is a crucial step for many golfers who want to make the leap to the highest level of European golf, the European Tour. It offers a mix of challenge and opportunity that is crucial for the career development of golfers.

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Zurich Classic payout distribution 2024: Prize money, purse

How much money is on the line at the PGA Tour's lone team event on the schedule?

By Cody Williams | Apr 28, 2024

It's a unique week on the PGA Tour annually whenever the Zurich Classic of New Orleans comes up on the calendar. This trip to TPC Louisiana, of course, is the sole team golf event on the Tour every year, with a blend of four-ball and foursomes rounds to determine a champion. And there was a bit of star power in the 2024 Zurich Classic field with the familiar Xander Schauffele/Patrick Cantlay pairing but also Rory McIlroy playing the event for the first time alongside Irishman Shane Lowry.

As the tournament got off and running, the McIlroy and Lowry pairing remained in the mix through 54 holes, entering the final round at T3. However, they were trailing some hungry players with less pedigree as Zac Blair and Patrick Fishburn held the 54-hole lead with Luke List and Henrik Norlander in solo second just one stroke behind for the final round of always-difficult alternate shot play.

With the team aspect of the tournament, though, it makes the Zurich Classic payout and purse quite interesting as there is both a team payout and individual prize money to consider. So how much money is on the line this week on the PGA Tour? We have the full breakdown for you.

Zurich Classic purse 2024: Winner's prize money, total purse

The winners of the Zurich Classic of New Orleans will receive $1,286,050 in prize money individually with a team prize of $2,572,100 being awarded to the winning pairing. This is a large sum of the $8.9 million purse on the line this week at TPC Louisiana, but perhaps the biggest part of this for the winners -- as we saw last year with Nick Hardy and Davis Riley winning -- is that it comes as a full official PGA Tour win for both players, meaning that exemptions into majors and other tournaments along with a full allotment of FedEx Cup points are also in play.

Zurich Classic payout distribution by finishing position in 2024

Here's a look at the team prize money as well as the individual payout for each finishing position at the 2024 Zurich Classic of New Orleans.

As mentioned, the team structure of the event makes for the Zurich Classic payout looking a bit different than your normal PGA Tour tournament. We have only 40 teams that made the cut (which is Top 33 and ties for this event), so the prize money is listed as both what the team earns and what each individual earns.

Even with this, it's nice to see that the winners clear the $1.2 million mark individually with more than $2.5 million being awarded to the winning team. However, with this relatively limited field and unique format, the fact that every individual that comes inside the Top 11 earns at least six figures is a great look for the Zurich Classic of New Orleans.

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Zurich classic prize-money payout: what each team made in new orleans.

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They came, they saw, they conquered. And they ate, too. Rory McIlroy and Shane Lowry enjoyed their stay in New Orleans on and off the course, culminating the week with a win at the Zurich Classic of New Orleans .

The teams were paid out in an every-two-spot manner. For example, McIlroy and Lowry split first- and second-place prize money, which equaled $1,286,050 apiece. They did the same with FedExCup points, each collecting 400.

Here’s a look at what each team that made the cut at TPC Louisiana earned.

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Prize money breakdown 2023 PDC Challenge Tour with £360,000 on offer

The PDC Challenge Tour will consist of 24 tournaments in 2023. Each tournament pays out £15,000 in prize money , so the prize fund for the entire circuit consists of £360,000.

This circuit is open to players who participated in Q-School, but failed to win a Tour Card. A kind of second division, then, for players who want to seek refuge at the PDC.

From reaching the last 64, players can earn prize money, starting with £75. That amount then increases with each round. The winner collects a handsome £2,500.

What are the alternatives for over 800 players missing out on PDC Tour Card at 2023 Q-School?

The Challenge Tour ranking is based on the prize money earned. At the end of the season, the numbers one and two get an invitation to the PDC World Darts Championship, plus a Tour Card for 2024 and 2025.

There is also another reward for players who do well. The top of the standings have a chance to compete as a reserve player in the Players Championship tournaments of the PDC Pro Tour. If a Tour Card holder fails to register or drops out, the highest-ranked player on the Challenge Tour Order of Merit may fill in.

Prize money breakdown during PDC Challenge Tour 2023

Result - Prize money

Winner £2,500

Runner-up £1,000

Semi-final £750

Quarter-final £500

Last 16 £300

Last 32 £200

Last 64 £75

PDC Challenge Tour 2023 calendar

20-22 January: PDC Challenge Tour 1-5 (Milton Keynes)

17-18 March: PDC Challenge Tour 6-9 (Hildesheim)

5-7 May: PDC Challenge Tour 10-14 (Milton Keynes)

4-6 August: PDC Challenge Tour 15-19 (Milton Keynes)

28-30 October: PDC Challenge Tour 20-24 (Wigan)

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Mon 29 Apr 2024

2024 RBC Heritage: Prize Money Breakdown and Winner's Payout

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Purse breakdown: THE CJ CUP Byron Nelson

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The TOUR returns to Texas for THE CJ CUP Byron Nelson held at TPC Craig Ranch in McKinney, Texas, just outside of Dallas. Jason Day looks to defend his title while 2021 and 2022 champ K.H. Lee returns for revenge, along with Jordan Spieth, the runner-up in 2022 who made his PGA TOUR debut here in 2010 at just 16 years old. Check out the purse breakdown below.