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Indian Wells: How Much Money Will Carlos Alcaraz Add to His Net Worth if He Wins the Title?

Published 03/17/2024, 11:35 AM EDT

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USA Today via Reuters

The ‘Fifth Grand Slam‘ tournament is now at its business end. Excitement levels are already sky-high, before the mega finals on Sunday. Carlos Alcaraz will take on Daniil Medvedev in the finals of the tournament, a repetition of last year’s final. Who will be the ultimate winner of the 2024 BNP Paribas Open in Indian Wells and how much prize money will the champion take home?

Well, looking at the form he’s currently in, it’d be a daring call to rule him out in the finals. Carlos Alcaraz has rocketed to tennis stardom since making his professional debut. Now, he’s also predicted to become the highest-paid player in the history of the racket sport in the near future. A few months ago, the BNP Paribas Open announced a total of $19 M in prize money for this year’s tournament.

It’s almost an increase of more than $1.4 M over the previous editions and, in fact, the most in the history of the tournament.

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via Reuters

According to several reports, both men’s and women’s singles champions will receive an amount of $1.1 M and the runners-up will get $585,000. So, if Carlos Alcaraz wins the title this year, he will add $1.1 M more to his current net worth. But what is his current net worth?

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Net Worth of Carlos Alcaraz

The 20-year-old tennis star has already won two Grand Slam titles and has also reached the number-one ranking in 2022. He is currently one of the most popular figures in the tennis world. His net worth is estimated to be around $15 M. In 2022, he broke the record for the youngest person to receive more than $10 M in earnings with $ 10,102,330. According to Forbes, his tennis earnings in 2023 were around $11.4 M and $20 million off the court. 

He has earned an estimated sum of around $27,477,147 through tournament prizes in 2024. If he wins the Indian Wells, he’ll add more to his bags. His best prizes to date have been the $2.6 M that he took home, along with the title at the 2022 US Open and $3 M from the Wimbledon in 2023.

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Carlos Alcaraz’s popularity has drawn in several endorsement opportunities with Nike, Babolat, Rolex, El Pozo, BMW, Calvin Klein, Louis Vuitton, and ISDIN. It’ll be interesting to see how long this list goes in the upcoming days.

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Written by:

Sayantan Roy

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Sayantan Roy is a Tennis Writer at EssentiallySports, who crafts tennis tales that not only capture the game's essence but also reflect his creative genius. As a believer in unbiased journalism, Sayantan, a fan of both Novak Djokovic and Rafael Nadal, loves to fuse the world of such tennis rivals and present balanced copies as fan reaction pieces. Engaged in sports since college, he brings that passion to life.
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Edited by:

Suman Varandani