Monte-Carlo Masters: Prize Money Breakdown, Winner’s Pay-Check, and More
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The first of three clay-court ATP Masters 1000 tournaments, the 2024 Rolex Monte-Carlo Masters is almost here. With prominent figures like World No. 1 Novak Djoković, Rafael Nadal, Jannik Sinner, and Carlos Alcaraz set to participate, the clay court event is more exciting than ever. But in addition to the exciting talent gracing the courts, there is also interest surrounding what kind of paychecks the winners will earn.
With the Monte-Carlo Masters set to begin on April 7, the players will fight for the title and benefit from an overall prize fund of $64,12,815. Let’s examine the breakdown of prize money, the winner’s payment, and the contest timeline of the tournament.
Prize money breakdown of the Monte Carlo Masters
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Big names like Stephanos Tsitsipas, Holger Rune, Daniil Medvedev, and Andrey Rublev will also be seen in the Rolex Monte Carlo Masters. This year also marks the comeback of Rafael Nadal after his last year’s withdrawal from the tournament. The lucky winner will receive $9,90,454.96 in prize money.
When it comes to the money that reigning champion Andrey Rublev took home after winning the title last year, this represents an increase of 2.97%. The following provides a detailed breakdown of the prize money for the singles and doubles events at the 2024 Monte Carlo Masters. Here is the full prize breakdown for the singles matches, converted from Euro to USD, keeping in mind the minor fluctuation rates:
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2024 | Prize Money |
Winner | $990,052 |
Runner-up | $540,638 |
Semifinal | $295,618 |
Quarterfinal | $161,618 |
Round 3 | $86,248 |
Round 2 | $46,251 |
Round 1 | $25,622 |
Q2 | $13,126 |
Q1 | $6,873 |
The prize money for runners-up is $540,638, which is an increase of 2.97% over 2023. The prize money for first-round losers has increased by 2.97% to $25,622 in comparison to the previous year.
Next comes the full prize breakdown for the doubles matches.
2024 | Prize Money |
Winner | $303,735 |
Runner-up | $164,999 |
Semifinal | $90,638 |
Quarterfinal | $50,005 |
Round 2 | $27,480 |
Round 1 | $15,006 |
At the Monte Carlo Masters, singles players take home 80% of the prize money, while doubles players split the remaining 20%. Roughly 15% of the total prize money will be awarded to the singles champion. This is more than 38 times the amount a player receives if they lose in the first round, or 0.4% of the purse. The goal of this prize money redistribution is to provide players with support throughout the entire competition. It also makes sure that everyone has a satisfying and equitable experience.
What is the schedule of the Monte-Carlo Masters?
The Monte-Carlo Masters will start on April 7 and continue until April 14 with the time of the set for Friday, April 5, but the exact time is not confirmed yet. The qualifying round will be on Saturday, April 6th, starting at 11:00 a.m. local time. The main draw, however, will begin on April 7th and will run until April 13th. The doubles final will be on April 14th at noon. And the final of the singles will be on April 14th at 3 p.m.
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What is the location of the tournament?
The inaugural Masters competition on the red surface takes place at the Magnificent Monte-Carlo Country Club, marking the official start of the clay season. One of the most famous tennis tournaments in the world will take place in one of the most breathtaking venues in tennis history. The Monte Carlo Country Club (MCCC) is a tennis club located in the French commune of Roquebrune-Cap-Martin, Alpes-Maritimes, Provence-Alpes-Côte d’Azur. The Monte Carlo Tennis Academy is likewise based there.
The club is situated 150 meters beyond Monaco’s northeastern boundary. Renowned for its grandeur, gorgeous setting, and intense competition, the annual Monte Carlo Masters tennis event will take place in the charming Principality of Monaco. The city is well-known for its casinos, Formula One, opulent yachts, and tax havens. These are used by a number of the best tennis players in the world.
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As the Monte Carlo Masters progresses, exciting matches and a celebration of tennis at its best are all anticipated. With its extensive history, substantial prize fund, and amazing matches, fans once again wait for an extraordinary experience there!
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Edited by:
Arunima Bhanot