Next Gen ATP Finals Prize Money
2023 Breakdown & Historicals
Established in 2017, the Next Gen ATP Finals is a year-end exhibition tournament for the best professional 21-and-under players.
This year’s event takes place in Jeddah, Saudi Arabia, at King Abdullah Sports City and features the same round-robin format found at the ATP Tour Finals.
For 2023, the Next Gen ATP Finals’ total prize money is $2,000,000, which equates to €1,840,012 and £1,601,540 and is up nearly 43% over 2022.
For context, the event’s prize money falls between what you’d find on offer at an ATP 250 and ATP 500 event, but with far fewer players, resulting in a solid payday for all participating.
Featuring a round-robin format, the max the champion can take home if they remain undefeated throughout the tournament is $514,000, an 18.8% bump over the prior year.
Meanwhile, players who successfully participate in all three of their round-robin matches will earn a participation fee of $150,000, which organizers prorate per match. In other words, that’s the minimum a participating player will take home just for showing up to the event and playing all their matches.
The following sections of this guide provide a detailed overview and complete breakdown of the Next Gen ATP Finals prize money and historical data for reference and quick comparison.
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2023 Full Breakdown
The Next Gen ATP Finals is a unique end-of-year tournament, so it’s not surprising it comes with a special prize money breakdown.
For starters, all participating players earn a prorated participation fee of $82,250. After the first match, players take home $41,125, then $61,690 after the second, and finally, $82,250 if they complete their third and final round-robin match.
For each round-robin win, players earn $32,500. The two top players from the green and red groups move on to the semi-finals, where a win nets two players an additional $113,500, followed by a finals match where the champion will grab another $153,000 for a win.
If the champion remains undefeated through all five matches, they’ll pick up a check for $514,000.
The following table summarizes this data. I’ve also converted prize money 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.
|2023||US Dollar||Euro||Sterling Pound|
|Round Robin Win||$32,500||€32,385||£27,883.00|
|Semi-Final Match Win||$113,500||€113,099||£97,375.00|
|2022||US Dollar||Euro||Sterling Pound|
|Round Robin Win||$28,000||€27,858||£24,182|
|Semifinal Match Win||$113,500||€112,924||£98,024|
|2021||US Dollar||Euro||Sterling Pound|
|Round Robin Win||$24,000||€21,574||£18,655|
|Semifinal Match Win||$109,600||€98,523||£85,190|
Organizers canceled the Next Gen ATP Finals in 2020 due to the pandemic.
|2019||US Dollar||Euro||Sterling Pound|
|Round Robin Win||$33,000||€29,662||£25,647|
|2018||US Dollar||Euro||Sterling Pound|
|Each Round Robin Win||$32,000||€28,229||£24,659|
|Undefeated Champion Bonus||$24,000||€21,171||£18,494|
|2017||US Dollar||Euro||Sterling Pound|
|Each Round Robin Win||$30,000||€25,714||£22,748|
|Undefeated Champion Bonus||$25,000||€21,428||£18,957|
Prize Money by Year
Tournament officials at the Next Gen ATP Finals reset prize money each year, which various factors, including ticket sales, sponsorships, merchandise, and concessions, heavily influence.
For 2022, prize money returns to pre-pandemic levels matching the 2019 high of $1,400,000, nearly 10% higher than when the tournament first started running in 2017 and an impressive number overall.
The following table showcases the yearly prize money for the Next Gen ATP Finals since 2017, when organizers founded the tournament.
|Year||Total Prize Money||Change|
Please note that all data is in US dollars.
Here are a few frequently asked questions from fans and attendees about the Next Gen ATP Finals prize money.
How much does the winner earn at the Next Gen ATP Finals?
For 2023, the Next Gen ATP Finals winner will take home $514,000, translating to €472,805 and £411,460 if they remain undefeated.
How much does the runner-up earn at the Next Gen ATP Finals?
For 2023, the Next Gen ATP Finals runner-up will take home $361,000, translating to €332,067 and £288,969.
Is the Next Gen ATP Finals prize money taxed?
Yes. The Italian government taxes all player earnings at the Next Gen ATP Finals, reaching as high as 43%.
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