Mutua Madrid Open 2024 PrizeMoney Breakdown Winners PayCheck and More

More Sports ES Fancast Apr 18, 2024 | 3:01 PM EDT via Getty MADRID, SPAIN – MAY 14: Rafael Nadal of Spain bites the winners trophy after his

win over Dominic Thiem of Austria in the final during day nine of the Mutua

Madrid Open tennis at La Caja Magica on May 14, 2017 in Madrid, Spain. (Photo by

Julian Finney/Getty Images) via Getty MADRID, SPAIN – MAY 14: Rafael Nadal of Spain bites the winners trophy after his

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win over Dominic Thiem of Austria in the final during day nine of the Mutua

Madrid Open tennis at La Caja Magica on May 14, 2017 in Madrid, Spain. (Photo by

Julian Finney/Getty Images) 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. ADVERTISEMENT Article continues below this ad 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. 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. 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. 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. ADVERTISEMENT Article continues below this ad 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.     A post shared by #MMOPEN (@mutuamadridopen) ADVERTISEMENT Article continues below this ad 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. EssentiallySports is a digital-first sports media house that surfaces the best stories on America’s favorite sports celebrities with a fan’s perspective to 30+ M average monthly readers. Sports All Boxing Formula One Golf NASCAR NBA NFL ONE Championship Tennis UFC WWE Bodybuilding WNBA EssentiallySports About Us Advertise With Us Authors Editorial Team Behind The Scenes Humans of EssentiallySports Contact Us FAQs Our Brands FanCast On The Ropes Bodybuilding Bros Club Golf Lucky Dog on Track Sports All Boxing Formula One Golf NASCAR NBA NFL ONE Championship Tennis UFC WWE Bodybuilding WNBA Privacy Policy ES Pressroom Ethics Policy Fact-Checking Policy Corrections Policy Cookies Policy GDPR Compliance Terms of Use Editorial Guidelines Ownership and funding Information Full Spectrum Services LLP © 2024 | All Rights Reserved

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