ATP Finals 2023 prize money breakdown: How much will players earn in season-ending tournament?
The week long competition is scheduled to be held from November 12 to 19.
The Nitto ATP Finals 2023 is the prestigious season-ending tournament, hosting the world’s elite players in singles and doubles. Only the top eight ranked tennis players in singles and doubles gain entry into the tournament. The event found its current home in Turin after moving from London in 2021. The competition gets underway at the Pala Alpitour in Turin on 12th November and winds up on 19th November.
Prize pool for the current edition is $15 million, an increase of 107% over the previous edition. The singles champion, if undefeated, gets to take home a whopping $4,801,500 and $2,201,000 if he loses a match in the round robin stage. Each round-robin win in singles is worth $390,000, and for the semifinals, it is $1,105,000. The total participation fee for the first three rounds in singles comes to a total of $325,000, while for doubles, it is $132,000.
The doubles winning team gets $943,650 if undefeated, $350,000 otherwise. Doubles teams are awarded $95,000 for every round-robin win and $175,650 should they prevail in the semifinal round. Should a doubles team win all three preliminary rounds, they gain an additional $325,000.
Coming to the alternates, $152,500 will be on offer for singles and $50,850 for doubles. The tournament follows a round-robin format, with the top two from each group advancing to the semi-finals. All singles matches will be played in the best-of-three-sets format with tie-breaks. Meanwhile, doubles matches will have two sets (no advantage point), including a final set played as a tie-break.
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The groups for the 2023 edition of the Nitto ATP Finals are:
Green: Jannik Sinner, Novak Djokovic, Stefanos Tsitsipas, Holger Rune
Green: Ivan Dodig & Austin Krajicek, Marcel Granollers & Horacio Zeballos, Maximo Gonzalez & Andres Molteni, and Santiago Gonzalez & Edouard Roger-Vasselin.
Red: Rajeev Ram & Joe Salisbury, Rohan Bopanna & Matthew Ebden, Wesley Koolhof & Neal Skupski, and Rinky Hijikata & Jason Kubler.
Novak Djokovic is in contention to win seventh Nitto ATP Finals trophy, while Rajeev Ram and Joe Salisbury will look to defend their 2022 crown.