Carlos Alcaraz Instantly Loses $2 Million Prize Money After US Open Win Over Jannik Sinner

On September 7, Carlos Alcaraz added another shining trophy to his rapidly growing collection. Playing at the iconic Arthur Ashe Stadium, the Spaniard showcased some top-notch tennis to power past Jannik Sinner. The Spanish player dropped just one set throughout the entire tournament, sealing the final in four sets: 6-2, 3-6, 6-1, 6-4, over two hours and 42 minutes of intense action. With this win, he became the second youngest player (22 years and 125 days old) ever to bag six Grand Slam titles: two French Open victories, two Wimbledons, and now two US Open wins. And yes, he’s walking away with a hefty cash prize, though it probably won’t stay all in one piece!

US Open 2025 prize money for men’s singles champion

The tournament broke the record for the largest prize pool in the sport’s history. This year, the total prize pool is $90 million. That’s a 20% increase from the $75 million last year. Additionally, both men’s and women’s singles champions will pocket a record $5 million each, which is a huge 39% jump from the $3.6 million awarded last year. But that’s not where it ends. The USTA has stepped up support by covering players’ travel costs, providing a $1,000 travel stipend, two hotel rooms or $600 per day for alternatives, and free racquet stringing for up to five racquets per round.

And so, Alcaraz will take home millions after defeating Sinner. Yet, he won’t get to pocket the whole amount due to tax rules!

Tax rules for foreign athletes in the US

Alcaraz’s $5 million prize from winning the 2025 US Open comes with significant tax deductions due to his status as a non-resident alien in the U.S. That means about $1.5 million will be deducted right off the top. On top of that, New York State applies an additional tax. This could leave Alcaraz with a net amount of approximately $3 million after taxes. Despite this hefty tax bite in the U.S., Alcaraz benefits from the Spain-U.S. double taxation treaty, which ensures he won’t be taxed again on the same prize money back in his home country.

Carlos Alcaraz’s net take-home prize money

Apart from tax, he also had to pay his agent, coaches, medical team, and miscellaneous travel expenses etc. Depending on how much these bills amount to, he could possibly take home much less than $3 million.

Carlos Alcaraz’s net worth and career prize money so far

To date, the 22-year-old has earned more than $50 million in prize money. In fact, he won $15.6 million this season. And while he won’t take the whole paycheck home, he doesn’t have to worry about that too much. Similar deductions have happened in the past. At just 22, he’s already one of the sport’s wealthiest and most successful players, combining massive prize money with multimillion-dollar advertising contracts to build an impressive financial empire.

Last year, he made $32 million from major brand deals. His sponsors include Nike, Rolex, BMW, Babolat, and LVMH. And this year, he became an ambassador for Danone, a food company, and Evian, a water brand owned by Danone. He is also the face of YoPRO, a high-protein yoghurt brand that is also owned by Danone.

Carlos Alcaraz’s Net Worth in 2025

As per ‘Celebrity Net Worth’, the tennis star is worth $40 million as of June 2025.