Every spring, the tennis world focuses on Monte Carlo for the Monte Carlo Masters 1000 tournament played on the ATP Tour. Known for its picturesque views right up on the water, it is one of the top tune-ups for the French Open.
Players love the views, the weather, and the competition, but they also enjoy the payday. Going deep in this tournament certainly is not as lucrative as a Grand Slam, but they paydays are significant.
How much does the singles champion receive in prize money at the Monte Carlo Masters? The singles winner every year can expect a pretty good payday, as it has now reached just under 1,000,000 pounds. The prize money roughly cuts in half when moving down the line, finishing with qualifiers who earn about 3,600 pounds for participating.
Total Prize Money Breakdown
The 2019 tournament reached an all-time high in total prize money, surpassing 5,000,000 pounds for the first time. This was up 6.9% from the previous year, and included a payday just under 1,000,000 pounds for the winner.
It might not seem like a ton of money compared to the Grand Slam events, but it is on par with some of the other Masters 1000 series tournaments.
Singles Prize Money
As in every other tennis tournament, the singles player are getting the biggest pay checks. Below is a breakdown of how much each player earns depending on how far they go into the tournament.
Doubles Prize Money
Doubles at the Monte Carlo Masters is not nearly as popular, but the most recent doubles team did take home a pretty nice payday of 285,000 pounds. That number follows the same type of format as singles, splitting in half all the way down to the lowest payout of 10,000 pounds. It is important to note that these payouts are for the team, meaning that each player is only going to get half of that.
Prize Money History
When looking at the past few years, the total prize money has jumped significantly in a relatively short amount of time. A person only has to go back to 2013, when the total prize money was half of what it was in 2019. This was due to not only the economy as a whole going up, but more sponsors getting in on the tournament. With more money coming in, the tournament gives out better payouts.
The one thing that hasn’t changed is how the amount of money is divided up. It’s not always exactly double the amount for each round a person makes, but it’s a good way to look at things. For example, in the 2013 final, the winner received 501,000 pounds, while the runner-up received 246,000 pounds.
Here is a breakdown of the total amount of prize money that have been involved in the Monte Carlo Masters each year.
|Total Prize Money
Monte Carlo is one of the few tournaments that saw a decrease in prize money right around the time a recession hit most of the world. In 2007, there was a total of 2,200,000 pounds handed out to the players. The next year, That number shrank all the way to 2,057,000 pounds. It would jump up a bit in 2009, but then stay at that same total for three tournaments.
Since that time, it averages out to roughly a 10% increase in prize money every single year. No one knows what the future holds, but prize money very well could continue to go up with this tournament, as it is very well received in person and on television.
History of the Monte Carlo Masters
In recent memory, the Monte Carlo Masters has been thoroughly dominated by Rafael Nadal He has 11 championships to his name, which easily put him in first place all-time. The only other currently active player to win this tournament more than once is Novak Djokovic, as he won in 2013 and 2015.
The most recent champion in 2019 was Fábio Fognini. He was able to pull off one of the most stunning upsets in the history of the tournament, beating Nadal in the semifinals. This would be his first-ever Masters 1000 series title, and it was stunning for people to see someone else win.
In doubles, the Bryan Brothers have six titles to their name, With a particularly dominant run between 2011 and 2015. They won four of the five tournaments during that stretch, losing in the finals in 2013.
The Monte Carlo Masters might not be the most important clay court tournament on the schedule each year, but it is a top destination for fans and players. It has solidified its position on the tennis calendar for years to come. Players can always count on a great payday when going deep in the tournament here.