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Sofia Open Prize Money

2022 Breakdown & Historicals

By Jon Crim
Image Credit: Sofia Open

The Sofia Open, which the city of Sofia, Bulgaria, first hosted in 2016, is an ATP 250 indoor hardcourt tournament held annually at the Arena Armeec Sofia, a multifunctional sports arena with 12,373 seats.

With a population exceeding 1.25 million, Sofia, the capital of Bulgaria, is a fitting location for the tournament. The country is also home to its 2017 champion Grigor Dimitrov, who became champion during his first appearance to capture his sixth career title.

For 2022, the Sofia Open’s total prize money is €534,555, which is its highest on record and up 27.4% from 2021. That translates to $514,316 and £477,337, which is relatively consistent with many other smaller ATP 250 tournaments held throughout the year.

The singles champion this year will receive a check for €81,310, while the runner-up will earn himself €47,430, roughly 60% of that sum and 97.6% and 60.8% increases over 2021 earnings.

The doubles champions will split a much smaller sum of €28,250, and their competitors who earn the runner-up spot will divvy up €15,110, which equates to 83.9% and 37.4% increases over last year.

The remainder of this guide provides an overview and detailed breakdown of the Sofia Open’s prize money and historical data for quick reference and comparison, including currency conversion to euros and sterling pounds.

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2022 Full Breakdown

With a 28-player singles draw and 16-team doubles entry list, tournament organizers at the Sofia Open distribute 80% of prize money to the singles event. The remaining 20% supports the doubles participants who receive significantly less pay.

Like other ATP tournaments, players earn more the further players progress through the singles or doubles events. As a point of reference, the singles champion will make 14 times more than a player who exits the first round, and five-figure earnings don’t start for players until they reach the quarterfinals.

For your review, I’ve summarized the Sofia Open’s 2022 prize money by round for singles and doubles. I’ve also converted earnings to euros and Sterling Pound, which for historical data, I calculated using the exchange rate on the final day of the previous year’s tournament.

Singles

Euro

Euro 2022 2021 2020 2019 2018 2017 2016
Winner €81,310 €41,145 €24,880 €90,390 €89,435 €85,945 €82,450
Runner-up €47,430 €29,500 €19,795 €48,870 €47,105 €45,265 €43,430
Semifinal €27,885 €21,000 €13,195 €26,990 €25,515 €24,520 €23,525
Quarterfinal €16,160 €14,000 €9,240 €15,335 €14,535 €13,970 €13,400
Round 2 €9,380 €9,000 €7,425 €8,815 €8,565 €8,230 €7,900
Round 1 €5,730 €5,415 €5,415 €5,285 €5,075 €4,875 €4,680
Qualies Round 2 €2,870 €2,645 €2,645 €2,555 €2,285 €2,195 €2,105
Qualies Roud 1 €1,565 €1,375 €1,375 €1,280 €1,145 €1,100 €1,055

US Dollar

Please note that all historical data for the Sofia Open’s prize money in euros considers exchange rates on the day of the final for the years listed.

US Dollar 2022 2021 2020 2019 2018 2017 2016
Winner $80,300 $48,222 $29,508 $102,353 $101,272 $97,320 $93,362
Runner-up $46,841 $34,574 $23,477 $55,338 $53,339 $51,256 $49,178
Semifinal $27,539 $24,612 $15,650 $30,562 $28,892 $27,765 $26,639
Quarterfinal $15,959 $16,408 $10,959 $17,365 $16,459 $15,819 $15,173
Round 2 $9,264 $10,548 $8,806 $9,982 $9,699 $9,319 $8,946
Round 1 $5,659 $6,346 $6,422 $5,984 $5,747 $5,520 $5,299
Qualies Round 2 $2,834 $3,100 $3,137 $2,893 $2,587 $2,486 $2,384
Qualies Roud 1 $1,546 $1,612 $1,631 $1,449 $1,297 $1,246 $1,195

British Sterling Pound

Please note that all historical data for Sofia Open’s prize money in British sterling pounds considers exchange rates on the day of the final for the years listed.

Sterling Pound 2022 2021 2020 2019 2018 2017 2016
Winner £71,035 £35,266 £22,622 £79,132 £78,296 £75,241 £72,181
Runner-up £41,436 £25,285 £17,999 £42,783 £41,238 £39,627 £38,021
Semifinal £24,361 £17,999 £11,998 £23,628 £22,337 £21,466 £20,595
Quarterfinal £14,118 £12,000 £8,402 £13,425 £12,725 £12,230 £11,731
Round 2 £8,195 £7,714 £6,751 £7,717 £7,498 £7,205 £6,916
Round 1 £5,006 £4,641 £4,924 £4,627 £4,443 £4,268 £4,097
Qualies Round 2 £2,507 £2,267 £2,406 £2,237 £2,000 £1,922 £1,843
Qualies Roud 1 £1,367 £1,179 £1,250 £1,121 £1,002 £963 £924

Doubles (Per Pair)

2022 Euro US Dollar Sterling Pound
Winner €27,882 $28,250 £24,664
Runner-up €14,913 $15,110 £13,192
Semifinal €8,745 $8,860 £7,735
Quarterfinal €4,886 $4,950 £4,322
Round 1 €2,882 $2,920 £2,549

Prize Money by Year

Although most expect prize money at tournaments to increase yearly, it’s not always the case, as prize money is often a direct reflection of the tournament’s success.

For example, in 2020, the tournament’s prize money dropped 38% due to the pandemic when organizers held the event without fans, dramatically impacting revenues. Beyond ticket sales, other revenue sources, including sponsorships, merchandise, and concessions, can also affect the availability of funds to award to players.

The Sofia Open kicked off in 2016, so there’s only seven years of tournament prize money to reference, but it’s impressive they never canceled the tournament as many others did in 2020.

Year Sofia Open Total Prize Money % Change
2022 €534,555 27%
2021 €419,470 29%
2020 €325,615 -38%
2019 €524,340 5%
2018 €501,345 4%
2017 €482,060 4%
2016 €463,520

Please note that all data is in euros.

FAQs

Here are a few frequently asked questions from fans and attendees about the Sofia Open’s prize money.

How much does the winner earn at the Sofia Open?

For 2022, the winner at the Sofia Open will take home $80,300, which translates to €81,310 and £71,035.

How much does the runner-up earn at the Sofia Open?

For 2022, the runner-up at the Sofia Open will take home $46,841, which translates to €47,430 and £41,436.

Is the Sofia Ope’s prize money taxed?

Yes. For 2022, the Bulgarian government taxes all player earnings at the Sofia Open. However, taxes on personal earnings are only 10% in the country, which is one of the most generous worldwide.

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