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In the end, it was a well-deserved win for Jannik Sinner, wasn’t it? The Italian star showed why he is one of the best players of the current generation by dispatching the challenge of Carlos Alcaraz in the Wimbledon final. Although he lost the first set, Sinner came back strongly to level the match by winning the second set. From there, there was no looking back for the World Number 1 as he dominated the proceedings to complete the match in four sets. With this, Sinner earned, per reports, $4.05 million in prize money (with some outlets noting $4 million). But do you know that he would be losing almost 50% of this figure due to the prevailing laws of the land?

According to UK withholding rules, non-resident athletes incur a 20% levy—per reports, this cuts $810,000 (or about $800,000 on the $4 million figure) from his gross. Additionally, per reports, Italy’s top IRPEF rate is 43% for high-earning individuals (before any regional or municipal levies), where Sinner falls.

However, the tax deducted in the UK is taken into account as a tax credit, meaning Sinner won’t be doubly taxed in his home country. Thus, per calculations, after 20% UK withholding and 43% Italian tax on the remainder, his net take-home is roughly $1.85 million (a 54.4% cut on $4.05 million)—and about $1.82 million if calculated on the $4 million figure. After accounting for reported coaching and tournament expenses, his final net would hover around half the gross, though exact figures remain unverified.

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Interestingly, after the match, Sinner joked about Wimbledon being an expensive tournament. He had his match against Alcaraz interrupted by a champagne cork, the first time that such an incident would have happened with Sinner. It occurred in the second set, when Sinner took a pause to remove the projectile from the court. After the match, he said, “Only here at Wimbledon. That’s exactly why we love playing here. It’s a very expensive tournament.”

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Meanwhile, the memories from the heartbreaking French Open defeat were still alive in Sinner’s mind. Thus, it was sweet revenge for the Italian star, and he expressed his emotions after the big win.

Jannik Sinner remembers his French Open defeat

It was a rematch between two of the best players in men’s tennis currently, having recently played against each other in the French Open final. On that occasion, Alcaraz got the better of Sinner in a nerve-wracking five-set match. Thus, Sinner was determined to take his revenge, and he did it in style today. After the match, he opened up about how he felt about winning his first Wimbledon title.

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Sinner revealed, “I had a very tough loss in Paris. But at the end of the day, it doesn’t really matter how you win or you lose the important tournaments. You just have to understand what you did wrong. Trying to work on that—that’s exactly what we did. We tried to accept the loss and then just kept working. And this is, for sure, why I’m holding this trophy here.”

What’s your perspective on:

Does Jannik Sinner's Wimbledon win feel bittersweet with nearly half his prize money lost to taxes?

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With this win, Sinner consolidated his presence at the top of the ATP rankings chart. His lead over Alcaraz is now over 3400 points, which will take some strong efforts from the Spaniard if he is to replace Sinner at the top.

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"Does Jannik Sinner's Wimbledon win feel bittersweet with nearly half his prize money lost to taxes?"

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