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Mutua Madrid Open 2024: Prize-Money Breakdown, Winner’s Pay-Check and More

Published 04/18/2024, 3:01 PM EDT

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With the dawn setting on the clay-court season, it is time for the Mutua Madrid Open, one of the most awaited ATP Masters 1000 and WTA 500 tournaments on clay courts. Top players across the globe will descend to Spain to stake their claim on one of the most prestigious trophies of the tennis calendar. They are in for a welcome surprise as a massive prize money purse will greet them in the tournament.

Although relatively new to clay, with the men’s events beginning in 2002 and the women’s events added in 2009, the Madrid Open attracts players from all over the globe. Being the country’s biggest tennis event, the Masters tournament also draws special attention to big sponsors. This has eventually led to an increase in the sum as compared to the previous years.

Prize money breakdown of the Mutua Madrid Open

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While Rafael Nadal will continue his comeback stint in his home country, the likes of Jannik Sinner and Novak Djokovic will go all guns blazing in the tournament. The Madrid Open is one of the many tournaments that will have equal prize money for male and female players. Further, there will be a 2% increase in the overall purse, as compared to the 2023 edition of the tournament. The total pool will be $16,999,082, which will be an all-time high.

Along with an impressive trophy, the singles champion will take home a huge sum of $963,255. On the other hand, the runners-up will get a little more than half of the winners’ paycheck, pocketing $512,260. What is interesting to note is the fact that even the first-round losers will receive a decent sum of $20,360.

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Winner$963,225
Runner-up$512,260
Semifinalist$284,590
Quarterfinalist$161,995
Round 4$88,440
Round 3$51,665
Round 2$30,255
Round 1$20,360
Q2$11.820
Q1$6,130

Prize money isn’t the only thing that the players will eye in this tournament. With the Paris Olympics coming up, the race for qualification in the global sporting extravaganza is on and the Madrid Open will offer valuable ranking points.

How many ranking points are at stake in Madrid?

After the Grand Slams and the World Tour Finals, the Masters tournaments are next in the hierarchy. They offer handsome ranking points, which can significantly affect players’ rankings.

Winner1000 points
Runner-up650 points
Semi-finalist400 points
Quarterfinalist200 points
Round 4100 points
Round 350 points
Round 230 points
Round 110 points

When does the Madrid Open start?

The clay-court tournament will commence on 23rd April with the qualifying rounds. Further, the women’s singles final will be held on Saturday 4th May, while the men’s singles final will be on the following day. Similarly, the men’s doubles final will be held along with the women’s singles final, whereas the women’s doubles final will be held on 5th May.

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Where the Madrid Open is being played?

The tournament will be held outdoors on the red soil. It will be held at La Caja Mágica, or the Manzanares Park Tennis Center, the picturesque tennis venue.

 

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While the likes of Jannik Sinner and Carlos Alcaraz, and Iga Swiatek and Aryna Sabalenka will be the hot favorites to win the title, there might be some dark horses to succeed in the tournament. Who are you putting your bets on to win this event? Let us know your picks in the comments below.

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Written by:

Vatsal Shah

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Vatsal Shah, a Tennis Writer at EssentiallySports, combines sports management insight with two years of rich content creation experience. His journey at ES involves delving into the core of tennis, covering ATP/WTA tours, and contributing around 2000 articles. Notably, one of his pieces on Venus Williams garnered over 400k views.
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Edited by:

Arunima Bhanot