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Alcaraz was unable to defend his US Open title and lost to Medvedev. But he will be consoled by the millions he has earned.

Date: March 2, 2024 Time: 02:17:48

Alcaraz was unable to defend his US Open title and lost to Medvedev. But he will be consoled by the millions he has earned.

Alexander Nasonov September 9, 2023, 12:15 Moscow time

We count all the money of the 20-year-old Spaniard.

Carlos Alcaraz is truly the darling of destiny. On the court things don’t always go the way he would like. This time also the tennis player, who turned 20 in May of this year, failed to reach the final of the US Open. In the tense confrontation he beat Daniil Medvedev by 7: 6 (7: 3), 6: 1, 3: 6, 6: 3. But life doesn’t end with tennis. Carlos, both on and off the field, has already earned a fortune that, if managed wisely, will be enough not only for him, but also for his descendants.

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To begin with, at this year’s US Open the organizers pleased the participants with record prize money. The total prize pool of the tournament, compared to 2022, increased by 8%. And it amounted to 65 million dollars. Of this amount, Alcaraz, as a semifinalist, is owed 775 thousand dollars. In comparison, the player who lost in the final will win $1.5 million, and the winner will receive $3 million. (These amounts will be divided between Medvedev and Novak Djokovic.)

During the 2023 season, the Spaniard earned a total of $8,537,064; The ATP (and also the WTA) calculate the amounts to the nearest dollar. And this does not include the US Open. So, now we can say that Carlos’s total earnings on the court this year increased to $9,312,064. What is the reason for that amount? Let’s list Alcaraz’s greatest successes in 2023. For the Indian Wells Masters title he won $1,262,220, in the final of that tournament Carlos defeated none other than Medvedev. And after winning the Madrid Masters, he received another 1,105,265 euros (at the current exchange rate it is 1,183,937 dollars). Finally, after the title at Wimbledon, Alcaraz’s account was replenished with 2.35 million pounds ($2,929,274 at current exchange rates).

In total, the Spaniard earned $21,141,707 during his career, this already taking into account the US Open. About a million dollars a year (even a little more), if you count since May 5, 2003, when Carlos was born in the small town of El Palmar, in the southeast of Spain.

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And on the eve of the US Open, Forbes calculated how much the world’s best tennis players earned off the court over the past 12 months. Alcaraz, with his 20 million dollars, occupies second place on this list, only behind Djokovic (25 million dollars). The Spanish prodigy has such famous sponsors in the fashion world as Louis Vuitton and Calvin Klein. Carlos’ earnings would have been even greater if his exhibition match with Rafael Nadal in Las Vegas had not been interrupted in March; then both tennis players suffered very inappropriate injuries (and Nadal has not yet recovered, what can be done, age). Profits obtained in these types of fights, which do not have a sporting component, are already included in the “off-the-court” clause.

The publication also points out that Alcaraz has the support of such powerful brands as Rolex, BMW and Nike. It is also sponsored by tennis equipment manufacturer Babolat. But all this is, so to speak, “dirty” money, that is, before paying various types of taxes. How many does Carlos have “clean”? Different sources give different information: some estimate his capital at 14 million dollars, others at 20 million dollars, or even 22 million dollars.

Carlos Alcaraz. Official photo shoot with Louis Vuitton

Photo: Louis Vuitton

Who controls all this?

In February, Alcaraz admitted that his father was in charge of his financial affairs. According to Carlos, he is a fairly modest guy. “My father takes care of financial matters. I’m quite young, I have my own whims, but I’m actually quite normal and modest. I don’t pay much attention to brands or expensive cars. If I like something, I try to buy it, but in the end my father takes care of everything,” Vogue quotes him as saying.

In the coming years, Alcaraz Sr. will have even more such pleasant worries. Do not even doubt it.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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