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Mutua Madrid Open Prize Money
2023 Breakdown & Historicals
Staged at La Caja Mágica, or the Manzanares Park Tennis Center, the Mutua Madrid Open is a combined ATP Masters and WTA 1000 series event held on clay courts annually in Spain.
Relative to many other tournaments on the tennis calendar, the Madrid Open is relatively new, opening its doors in 2002, adding a women’s event in 2009, and settling in its current venue.
For the first year, the tournament increased the draw size to 96 for the ATP and WTA and increased the tournament length from 8 to 12 days to accommodate the extra players.
The ATP and WTA receive equal prize money at the Madrid Open, which reaches an all-time high of €15,411,560 in 2023, or €7,705,780 for men and women. These sums translate to $8,463,990 or £6,823,044 for a 17% increase compared to last year.
The singles champions will take home an impressive €1,105,265, while the runner-up will walk away with a check for €580,000, which has increased by 6% and 2%, respectively, for each player.
In doubles, the winning pair will split €382,420 compared to the runner-ups €202,850, equating to a 20% and 17% year-over-year bump for each.
In the remainder of this guide, I provide a complete breakdown of the Mutua Madrid Open’s prize money and historical data for reference.
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2023 Full Breakdown
Prize Money by Year
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2023 Full Breakdown
At a high level, tournament organizers distribute roughly 80% of prize money at the Madrid Open for men and women to singles, while the doubles events receive the remaining funds, approximately 20%.
Beyond discipline, prize money breaks down further by round, where players earn more as they progress through the tournament. For example, this year’s winner will make more than 67 times a player who exits in the first round, which is a substantial gap.
The following tables break down prize money by round since 2008 for men and 2014 for women. You can scroll left to right to view the entire data set. For comparison, I’ve converted US dollars to Euros and Sterling pounds, which I calculate using the prior year’s exchange rate on the day of the final for a close approximation of value.
ATP Singles
Euro
| Euro | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
| Winner | €1,105,265 | €1,041,570 | €315,160 | – | €1,202,520 | €1,190,490 | €1,043,680 | €912,900 | €799,450 | €799,450 | €638,500 | €585,800 | €590,000 | €585,000 | €585,000 |
| Runner-up | €580,000 | €568,790 | €188,280 | – | €608,700 | €583,725 | €511,740 | €447,630 | €392,000 | €392,000 | €313,070 | €287,225 | €275,000 | €270,000 | €270,000 |
| Semifinal | €308,790 | €311,025 | €106,690 | – | €312,215 | €293,780 | €257,555 | €225,300 | €197,280 | €197,280 | €157,570 | €144,560 | €133,000 | €131,500 | €131,500 |
| Quarterfinal | €161,525 | €169,650 | €58,370 | – | €160,920 | €149,390 | €130,965 | €114,560 | €100,315 | €100,315 | €80,120 | €73,510 | €67,000 | €66,000 | €66,000 |
| Round 4 | €84,900 | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Round 3 | €48,835 | €90,745 | €36,400 | – | €80,620 | €77,575 | €68,010 | €59,490 | €52,090 | €52,090 | €41,610 | €38,170 | €34,000 | €33,750 | €33,750 |
| Round 2 | €27,045 | €48,665 | €22,720 | – | €42,220 | €40,900 | €35,855 | €31,365 | €27,460 | €27,460 | €21,935 | €20,125 | €17,600 | €17,500 | €17,500 |
| Round 1 | €16,340 | €26,960 | €15,060 | – | €23,790 | €22,080 | €19,360 | €16,935 | €14,830 | €14,830 | €11,845 | €10,865 | €9,175 | €9,150 | €9,150 |
| Qualies Round 2 | €8,265 | €13,810 | €7,655 | – | €9,105 | €5,090 | €4,460 | €3,900 | €3,420 | €3,420 | €2,730 | €2,505 | €2,400 | €2,400 | €2,400 |
| Qualies Round 1 | €4,510 | €7,235 | €4,080 | – | €4,550 | €2,595 | €2,270 | €1,990 | €1,740 | €1,740 | €1,390 | €1,275 | €1,200 | €1,200 | €1,200 |
US Dollar
| US Dollar | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
| Winner | $1,226,573 | $1,291,547 | $390,798 | – | $1,351,161 | $1,422,891 | $1,140,459 | $1,039,607 | $894,910 | $1,099,974 | $828,006 | $755,462 | $847,117 | $724,988 | $793,145 |
| Runner-up | $643,658 | $705,300 | $233,467 | – | $683,940 | $697,677 | $559,193 | $509,759 | $438,808 | $539,358 | $405,989 | $370,412 | $394,843 | $334,610 | $366,067 |
| Semifinal | $342,681 | $385,671 | $132,296 | – | $350,807 | $351,130 | $281,438 | $256,571 | $220,837 | $271,440 | $204,336 | $186,428 | $190,960 | $162,967 | $178,288 |
| Quarterfinal | $179,253 | $210,366 | $72,379 | – | $180,811 | $178,553 | $143,109 | $130,461 | $112,293 | $138,025 | $103,899 | $94,800 | $96,198 | $81,794 | $89,483 |
| Round 4 | $94,218 | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Round 3 | $54,195 | $112,524 | $45,136 | – | $90,585 | $92,719 | $74,316 | $67,747 | $58,310 | $71,671 | $53,960 | $49,225 | $48,817 | $41,826 | $45,758 |
| Round 2 | $30,013 | $60,345 | $28,173 | – | $47,439 | $48,884 | $39,180 | $35,718 | $30,739 | $37,783 | $28,445 | $25,954 | $25,270 | $21,688 | $23,727 |
| Round 1 | $18,133 | $33,430 | $18,674 | – | $26,731 | $26,390 | $21,155 | $19,286 | $16,601 | $20,405 | $15,361 | $14,012 | $13,173 | $11,340 | $12,406 |
| Qualies Round 2 | $9,172 | $17,124 | $9,492 | – | $10,230 | $6,084 | $4,874 | $4,441 | $3,828 | $4,706 | $3,540 | $3,231 | $3,446 | $2,974 | $3,254 |
| Qualies Round 1 | $5,005 | $8,971 | $5,059 | – | $5,112 | $3,102 | $2,480 | $2,266 | $1,948 | $2,394 | $1,803 | $1,644 | $1,723 | $1,487 | $1,627 |
British Sterling Pound
| Sterling Pound | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
| Winner | £986,491 | £880,954 | £274,062 | – | £1,038,625 | £1,050,120 | £885,217 | £720,657 | £631,098 | £652,644 | £539,365 | £470,031 | £517,816 | £500,770 | £517,241 |
| Runner-up | £517,672 | £481,080 | £163,727 | – | £525,738 | £514,899 | £434,042 | £353,366 | £309,451 | £320,016 | £264,462 | £230,462 | £241,355 | £231,125 | £238,727 |
| Semifinal | £275,607 | £263,063 | £92,777 | – | £269,662 | £259,141 | £218,450 | £177,855 | £155,736 | £161,053 | £133,105 | £115,991 | £116,728 | £112,566 | £116,269 |
| Quarterfinal | £144,167 | £143,489 | £50,758 | – | £138,988 | £131,776 | £111,080 | £90,435 | £79,190 | £81,894 | £67,680 | £58,983 | £58,803 | £56,497 | £58,355 |
| Round 4 | £75,777 | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Round 3 | £43,587 | £76,752 | £31,653 | – | £69,632 | £68,428 | £57,684 | £46,962 | £41,121 | £42,525 | £35,150 | £30,627 | £29,840 | £28,891 | £29,841 |
| Round 2 | £24,139 | £41,161 | £19,757 | – | £36,466 | £36,078 | £30,411 | £24,760 | £21,677 | £22,417 | £18,529 | £16,148 | £15,447 | £14,980 | £15,473 |
| Round 1 | £14,584 | £22,803 | £13,096 | – | £20,548 | £19,477 | £16,421 | £13,369 | £11,707 | £12,107 | £10,006 | £8,718 | £8,052 | £7,833 | £8,090 |
| Qualies Round 2 | £7,377 | £11,680 | £6,657 | – | £7,864 | £4,490 | £3,783 | £3,079 | £2,700 | £2,792 | £2,306 | £2,010 | £2,106 | £2,054 | £2,122 |
| Qualies Round 1 | £4,025 | £6,119 | £3,548 | – | £3,930 | £2,289 | £1,925 | £1,571 | £1,374 | £1,420 | £1,174 | £1,023 | £1,053 | £1,027 | £1,061 |
WTA Singles
Euro
| Euro | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
| Winner | €1,105,265 | €1,041,570 | €315,160 | – | €1,202,520 | €1,190,490 | €1,043,680 | €912,900 | €799,450 | €799,450 |
| Runner-up | €580,000 | €568,790 | €188,280 | – | €608,700 | €583,725 | €511,740 | €447,630 | €392,000 | €392,000 |
| Semifinal | €308,790 | €311,025 | €106,690 | – | €312,215 | €293,780 | €257,555 | €225,300 | €197,280 | €197,280 |
| Quarterfinal | €161,525 | €169,650 | €58,370 | – | €160,920 | €149,390 | €130,965 | €114,560 | €100,315 | €100,315 |
| Round 4 | €84,900 | – | – | – | – | – | – | – | – | – |
| Round 3 | €48,835 | €90,745 | €36,400 | – | €80,620 | €77,575 | €68,010 | €59,490 | €52,090 | €52,090 |
| Round 2 | €27,045 | €48,665 | €22,720 | – | €42,220 | €40,900 | €35,855 | €31,365 | €27,460 | €27,460 |
| Round 1 | €16,340 | €26,960 | €15,060 | – | €23,790 | €22,080 | €19,360 | €16,935 | €14,830 | €14,830 |
| Qualies Round 2 | €8,265 | €13,810 | €7,655 | – | €9,105 | €5,090 | €4,460 | €3,900 | €3,420 | €3,420 |
| Qualies Round 1 | €4,510 | €7,235 | €4,080 | – | €4,550 | €2,595 | €2,270 | €1,990 | €1,740 | €1,740 |
US Dollar
| US Dollar | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
| Winner | $1,226,573 | $1,291,547 | $390,798 | – | $1,351,161 | $1,422,891 | $1,140,459 | $1,039,607 | $894,910 | $1,099,974 |
| Runner-up | $643,658 | $705,300 | $233,467 | – | $683,940 | $697,677 | $559,193 | $509,759 | $438,808 | $539,358 |
| Semifinal | $342,681 | $385,671 | $132,296 | – | $350,807 | $351,130 | $281,438 | $256,571 | $220,837 | $271,440 |
| Quarterfinal | $179,253 | $210,366 | $72,379 | – | $180,811 | $178,553 | $143,109 | $130,461 | $112,293 | $138,025 |
| Round 4 | $94,218 | – | – | – | – | – | – | – | – | – |
| Round 3 | $54,195 | $112,524 | $45,136 | – | $90,585 | $92,719 | $74,316 | $67,747 | $58,310 | $71,671 |
| Round 2 | $30,013 | $60,345 | $28,173 | – | $47,439 | $48,884 | $39,180 | $35,718 | $30,739 | $37,783 |
| Round 1 | $18,133 | $33,430 | $18,674 | – | $26,731 | $26,390 | $21,155 | $19,286 | $16,601 | $20,405 |
| Qualies Round 2 | $9,172 | $17,124 | $9,492 | – | $10,230 | $6,084 | $4,874 | $4,441 | $3,828 | $4,706 |
| Qualies Round 1 | $5,005 | $8,971 | $5,059 | – | $5,112 | $3,102 | $2,480 | $2,266 | $1,948 | $2,394 |
British Sterling Pound
| Sterling Pound | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
| Winner | £986,491 | £880,954 | £274,062 | – | £1,038,625 | £1,050,120 | £885,217 | £720,657 | £631,098 | £652,644 |
| Runner-up | £517,672 | £481,080 | £163,727 | – | £525,738 | £514,899 | £434,042 | £353,366 | £309,451 | £320,016 |
| Semifinal | £275,607 | £263,063 | £92,777 | – | £269,662 | £259,141 | £218,450 | £177,855 | £155,736 | £161,053 |
| Quarterfinal | £144,167 | £143,489 | £50,758 | – | £138,988 | £131,776 | £111,080 | £90,435 | £79,190 | £81,894 |
| Round 4 | £75,777 | – | – | – | – | – | – | – | – | – |
| Round 3 | £43,587 | £76,752 | £31,653 | – | £69,632 | £68,428 | £57,684 | £46,962 | £41,121 | £42,525 |
| Round 2 | £24,139 | £41,161 | £19,757 | – | £36,466 | £36,078 | £30,411 | £24,760 | £21,677 | £22,417 |
| Round 1 | £14,584 | £22,803 | £13,096 | – | £20,548 | £19,477 | £16,421 | £13,369 | £11,707 | £12,107 |
| Qualies Round 2 | £7,377 | £11,680 | £6,657 | – | £7,864 | £4,490 | £3,783 | £3,079 | £2,700 | £2,792 |
| Qualies Round 1 | £4,025 | £6,119 | £3,548 | – | £3,930 | £2,289 | £1,925 | £1,571 | £1,374 | £1,420 |
ATP & WTA Doubles (Per Pair)
| 2023 | Euro | US Dollar | Sterling Pound |
| Winner | €382,420 | $419,486 | £323,449 |
| Runner-up | €202,850 | $222,511 | £171,569 |
| Semifinal | €108,190 | $118,676 | £91,507 |
| Quarterfinal | €54,840 | $60,155 | £46,383 |
| Round 2 | €29,300 | $32,140 | £24,782 |
| Round 1 | €15,780 | $17,309 | £13,347 |
Prize Money by Year
Prize money at the Madrid Open changes yearly. Although it often increases, there are years when it decreases due to various factors influencing the event’s revenue.
Generally, the most crucial factors affecting revenue are ticket sales, sponsorships, merchandise, and concessions, so if the tournament underperforms in a given year, prize money will often decrease.
For example, in 2020, tournament officials canceled the event, resulting in significantly lower prize money the following year in 2021.
Despite some down years, the prize money has increased substantially for men and women at the Madrid Open, more than doubling since 2009 for the ATP and WTA. For full context, the following table outlines the total yearly prize money at the event starting in 2008.
| ATP | WTA | Total Prize Money | % Change |
| €7,705,780 | €7,705,780 | €15,411,560 | 17% |
| €6,575,560 | €6,575,560 | €13,151,120 | 152% |
| €2,614,465 | €2,614,465 | €5,228,930 | -60% |
| Canceled | Canceled | Canceled | – |
| €6,536,160 | €6,536,160 | €13,072,320 | 0% |
| €6,536,160 | €6,536,160 | €13,072,320 | 0% |
| €6,536,160 | €6,536,160 | €13,072,320 | 0% |
| €6,536,160 | €6,536,160 | €13,072,320 | 56% |
| €4,185,405 | €4,185,405 | €8,370,810 | 14% |
| €3,671,405 | €3,671,405 | €7,342,810 | -1% |
| €3,368,265 | €4,033,254 | €7,401,519 | 8% |
| €3,090,150 | €3,750,140 | €6,840,290 | 8% |
| €2,835,000 | €3,500,000 | €6,335,000 | 0% |
| €2,835,000 | €3,500,000 | €6,335,000 | 0% |
| €2,835,000 | €3,500,000 | €6,335,000 | 208% |
| €2,057,000 | €0 | €2,057,000 | – |
Please note that all data is in euros.
FAQs
Here are a few frequently asked questions from fans and attendees about the Madrid Open’s prize money.
How much does the winner earn at the Madrid Open?
For 2022, the singles winners at the Madrid Open will take home €1,105,265, translating to $1,213,110 and £978,269.
How much does the runner-up earn at the Madrid Open?
For 2022, the singles runner-ups at the Madrid Open will take home €580,000, translating to $636,637 and £513,343.
Is the Madrid Open’s prize money taxed?
Yes. Spain’s government taxes all player earnings at the Madrid Open, reaching as high as 47%.
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