Daniil Medvedev is not only the most successful, but also the most popular tennis player in Russia in recent years. Medvedev has not won a tournament for a long time (after the Rome Masters in May 2023), losing five finals in a row, but this does not prevent him from storming several top prize money lists. Sportico, a publication specializing in the financial side of sports, calculated the earnings of tennis players for the period from July 1, 2023 to June 30, 2024. That is, Wimbledon 2023 is taken into account, but not Wimbledon 2024. And among Russians, only Daniil made it into the top ten.
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First, let’s look at the prize money that tennis players earned directly on the court. Medvedev, with his $9.3 million, took fifth place. The Russian earned the most in the past 52 weeks for reaching the US Open final – $1.5 million. Reaching the semi-finals of the ATP Final Championship brought him $1,105,500, and for the Australian Open final Daniil received 1,725,000 Australian dollars, or just over $1.13 million.
The leader in prize money was Carlos Alcaraz, who won two Grand Slam tournaments during this period. For Wimbledon 2023, Alcaraz earned 2.35 million pounds (just over 3 million dollars), and after the title at Roland Garros, Carlos’ account was replenished with 2.4 million euros (just over 2.6 million dollars). He also earned another 4.4 million dollars as an ATP bonus at the end of the 2023 season.
Prize money for tennis players in the last 12 months
Note: The table contains only tennis players who are ranked in the top 10 overall, which takes into account both on-court prize money and off-court earnings.
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In terms of off-court earnings, including sponsorship contracts and advertising deals, Medvedev shared sixth and seventh place with Rafael Nadal. Each has $13 million in equivalent earnings. Daniil collaborates with brands such as clothing and footwear manufacturer Lacoste, racket manufacturer Tecnifibre and watch manufacturer Bovet. In addition, the Russian is an ambassador for BMW and gaming accessories manufacturer HyperX. Since November 2021, he has collaborated with the brand Guojiao 1573, a Chinese manufacturer of baijiu, an alcoholic beverage.
Interestingly, in terms of off-court earnings, Medvedev surpassed Jannik Sinner and Iga Swiatek, the world’s top rackets among men and women, respectively. They have $12 million each. Well, here, too, Alcaraz is in first place. His off-court earnings amounted to $30 million. Carlos has sponsorship deals with LVMH, Rolex, BMW, Babolat, Calvin Klein, ISDIN. And his main sponsor is Nike. In 2023, the contract was extended on better terms for the athlete. The agreement also makes payments conditional on performance. Alcaraz’s annual income from Nike is estimated to exceed $10 million.
Off-court earnings of tennis players in the last 12 months
PlacePlayerA countryEarnings, $1Carlos AlcarazSpain30 million2Novak DjokovicSerbia26 million3Corey GauffUnited States18 million4-5Naomi OsakaJapan16 million4-5Emma RaducanuGreat Britain16 million6-7Daniil MedvedevRussia13 million6-7Rafael NadalSpain13 million8-9Jannik SinnerItaly12 million8-9Iga SwiatekPoland12 million10Alexander ZverevGermany3.5 million
Note: The table contains only tennis players who are ranked in the top 10 overall, which takes into account both on-court prize money and off-court earnings.
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Kalinskaya earned more than a million dollars in six months. But especially not at Wimbledon.
In the overall table, which takes into account both parts of income, Alcaraz automatically appeared at the top of the list. Medvedev was in sixth place.
“To be completely honest, in any given month you can earn up to $3 million when, for example, you win a Grand Slam tournament.” And in some months it doesn’t even reach $50,000. The costs are constant. A certain amount is spent on maintaining the team. There is a coach, a fitness trainer, and sometimes doctors and physiotherapists. All of this is quite expensive, because you yourself pay for everyone’s tickets and accommodation, for example.
Daniil Medvedev at the 2024 Madrid Masters
Photo: Julian Finney/Getty Images
We pay quite a lot of taxes. In the USA, England, France, they can reach 50% of what we earn at tournaments. And this is natural. We earn money in some country, even if we are there only for a couple of weeks, and we pay taxes in this country. According to Forbes, I earned about $14 million in a year, but I wonder how these figures come out. Not only for me, but for all people. Naturally, I do not provide any extracts. And in general, a lot can be subtracted from the amount indicated by Forbes. For taxes,” Daniil said in an interview with the Private Talks YouTube channel in 2021.
Total earnings of tennis players in the last 12 months
PlacePlayerA countryRevenue, $1Carlos AlcarazSpain45 million2Novak DjokovicSerbia38.7 million3Jannik SinnerItaly25.7 million4Cori GauffUnited States25.6 million5Iga SwiatekPoland25.2 million6Daniil MedvedevRussia22.3 million7Naomi OsakaJapan16.5 million8Emma RaducanuUnited Kingdom16.3 million9Rafael NadalSpain13.2 million10Alexander ZverevGermany12.1 million
