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$800K Demand Proves Costly for Carlos Alcaraz as He Loses Rare ATP Bounty to Russian Rival

Published 10/26/2023, 8:01 AM EDT

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When players are at the top, they are in line to receive various bonuses after they complete certain fulfilments. The ATP has a bonus for players who rank in the top five in the rankings of ATP 500 tournaments. A list came to light recently, which shows Carlos Alcaraz at the top, who is set to win the biggest bonus. However, he is about to relinquish the top spot to Daniil Medvedev and lose $300,000.

Carlos Alcaraz could’ve found a way to make sure Medvedev never closed the gap between them. However, a massive $800,000 barrier caused his absence from the Vienna Open which now enables the Russian star to earn the big bonus.

Daniil Medvedev set to take the big prize from Carlos Alcaraz

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The ATP has a ranking system for the players who participated in the 500 tournaments throughout the year. Currently, Carlos Alcaraz is at the top with 1480 points, and he is followed by Daniil Medvedev, who currently has 1435 points. The difference between the points of the two players is not great, and this gap is about to be reduced even further.

Medvedev won his round one bout and, given his performance in the last few months, is likely to win even more rounds. The bonus for the player who has the highest points in the ATP 500 is $600,000. The player in the second spot will take home $300,000. Medvedev has to win the next two rounds in order to trump Carlos Alcaraz’s ranking. He is highly likely to win the top prize for the ATP 500 rankings as he is in great form currently. But why is Carlos Alcaraz not doing anything about it?

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Daniil Medvedev has a good chance to take the top spot in the ATP 500 rankings from the world number 2. However, Carlos Alcaraz’s absence came because of his immense appearance fee.

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How Daniil Medvedev stole the dream of Carlos Alcaraz

The Vienna Open is in full swing, and players from around the world are competing to improve their standings. However, Carlos Alcaraz is not playing in the tournament, which will give Medvedev the chance to claim the big bonus. The Spaniard has missed this opportunity as the Vienna Open could not afford his immense appearance fee of $800,000.

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Many tournaments would pay the fee for Carlos Alcaraz to appear in their tournaments. However, organizers at the Vienna Open decided it was better to spend the money elsewhere. Now, it might cost the Spaniard a big bonus, but on the other hand, his market value has expanded exponentially. Alcaraz is likely to close the financial gap with little to no issues.

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Written by:

Ripunjay Gaba

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Ripunjay Gaba is a Senior Tennis Writer at EssentiallySports with an unwavering passion for the sport and a deep admiration for Roger Federer. He specializes in providing in-depth coverage of everything related to the 'Swiss Maestro' and has authored more than 900 articles to date. Prior to joining EssentiallySports, Ripunjay worked as a freelance writer for a well-respected sports publication, where he honed his writing skills by covering the lives of various renowned sports stars.
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Edited by:

Shudh.mukherjee