Mutua Madrid Open 2023 Prize Money: All you need to know

The Mutua Madrid Open 2023, which took place at the Caja Magica in the Park Manzanares, was one of Europe’s three ATP Masters 1000 events on red clay. In 2023, the event underwent expansion, spanning a fortnight and adopting a 96-player draw format, akin to the setups of Indian Wells and Miami. On Sunday, May 7, the 2023 ATP Madrid Open came to an end with Carlos Alcaraz winning the competition by defeating Jan-Lennard Struff in the championship match. In this article, we will discuss Madrid Open 2023 Prize money and its breakdown.

What is the Mutua Madrid Open?

The Mutua Madrid Open is a prestigious tennis tournament held annually in Madrid, Spain. It’s part of the ATP Masters 1000 and WTA 1000 series, making it one of the most significant events in professional tennis.

The tournament is renowned for its red clay court surface and attracts top-ranked players from around the world. With a history dating back to 2002, it has seen various changes, including becoming a joint event for both men and women in 2009. The Mutua Madrid Open is a key stop on the tennis calendar, known for its exciting matches and global fan following.

Mutua Madrid Open 2023 Prize Overview

As a consequence, the prize money experienced a substantial surge, culminating in a combined total of €15,411,560, marking a 17.2% increase compared to the previous year. The ATP and WTA tournaments each had a slice of €7,705,780 up for grabs.

In Madrid, the champions in both the men’s and women’s categories took home checks of €1,105,265, signifying a 6.12% uptick from what Carlos Alcaraz and Ons Jabeur received in 2022. The runners-up saw an increase as well, with €580,000 in earnings, a 1.97% boost from the same time twelve months ago.

However, the expansion of the player draw resulted in certain reductions in prize money, for example, players advancing to the last sixteen received €84,900, which was 6.44% less than their counterparts from a year ago.

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Madrid Open 2023 Prize Money Breakdown

The prize money for Madrid’s singles and doubles competitions this year is distributed in full in the table below. The prize money that qualifies is also included. Additionally, the prize money provided has changed by % as compared to 2022.

ATP Singles

2023Prize Money% Change vs 2022
Winner$1,226,5736.12%
Runner-up$643,6581.97%
Semifinal$342,681-0.72%
Quarterfinal$179,253-4.79%
Round of 16$94,218-6.44%
Round of 32$54,1950.35%
Round of 64$30,0130.32%
Round of 128$18,133N/A
Q2$9,172-40.15%
Q1$5,005-37.66%

WTA Singles

2022Prize Money % Change vs 2022
Winner$1,271,0556.12%
Runner-up$667,0001.97%
Semifinal$355,109-0.72%
Quarterfinal$185,754-4.79%
Round of 16$97,635-6.44%
Round of 32$56,1608.29%
Round of 64$31,10222.93%
Round of 128$18,791N/A
Q2$9,5052.62%
Q1$5,1876.87%

ATP and WTA Doubles

2023Prize Money % Change vs 2022
Winner$419,48619.7%
Runner-up$222,51116.8%
Semifinal$118,67613.5%
Quarterfinal$60,1554.2%
Round of 32$32,1401.3%
Round of 64$17,30916.6%

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Madrid Open Total Prize Money History Since 2008

The last time the competition was held inside in the fall was in 2008. The competition was shifted to clay in 2009 as a part of the European Clay Court swing, which took place in April, May, and June. The prize pool increased by double as a result of the competition becoming a joint ATP and WTA tournament.

YearATPWTATotal Prize Money% Change
2023€7,705,780€7,705,780€15,411,56017.2%
2022€6,575,560€6,575,560€13,151,120151.5%
2021€2,614,465€2,614,465€5,228,930-60.0%
2020*Not PlayedNot PlayedN/AN/A
2019€6,536,160€6,536,160€13,072,3200.0%
2018€6,536,160€6,536,160€13,072,3200.0%
2017€6,536,160€6,536,160€13,072,3200.0%
2016€6,536,160€6,536,160€13,072,32056.2%
2015€4,185,405€4,185,405€8,370,81014.0%
2014€3,671,405€3,671,405€7,342,810-0.8%
2013€3,368,265€4,033,254€7,401,5198.2%
2012€3,090,150€3,750,140€6,840,2908.0%
2011€2,835,000€3,500,000€6,335,0000.0%
2010€2,835,000€3,500,000€6,335,0000.0%
2009€2,835,000€3,500,000€6,335,000208.0%

The Bottom Line!

The 2023 Mutua Madrid Open marked an exciting chapter in the tournament’s history, with its two-week duration and expanded 96-player draw. Moreover, Carlos Alcaraz’s victory added to the event’s prestige. Prize money reached €15,411,560, a 17.2% increase, with champions seeing their earnings rise by 6.12%. Furthermore, The tournament’s evolution from 2002 to the present underscores its significance on the tennis calendar, celebrated for its red clay courts and global fan base.

Stan Netterfield

Stan Netterfield

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