The 2023 ATP Finals will officially bring the curtain down to another record-setting season in men's tennis.
Just like every other season, some records will be shattered and a chance to rewrite the history books will be up for grabs. Qualifying for this event is cause enough for celebration as only the eight players who performed with distinction throughout the season have the right to compete.
This will also mean we are guaranteed high-quality matches from day one of the event, with two groups of four players competing in a round-robin format. The top two in each group will advance to the semifinals in a knockout match. The 2023 ATP Finals will be played in Turin, Italy, inside the Pala Alpitour, from November 12 to 19.
This year, a record prize money for the event has been confirmed, a whopping $15 million for a seven-day spectacle in which Novak Djokovic, Carlos Alcaraz, and Daniil Medvedev will be the strong favorites to win a huge share. This is an increase of about 1.7% from 12 months ago. As it is evident, the prize money purse matches the cadre of players playing in Turin.
The player who wins the prestigious ATP Finals by going undefeated during the week - a feat Novak Djokovic accomplished last year - stands to fill their coffers with a staggering $4,801,500, which would be the largest paycheck to be won by a single player in ATP history. Winning the final alone would contribute $2,201,000 to that colossal sum.
Djokovic already owns the record of the highest prize money earned from winning a single tournament when he banked $4,740,300 after beating Casper Ruud in the 2022 championship match, but the marginal increase this year will mean, the Serb will have another record to beat in Turin.
The participation fee is $325,500 and will be earned regardless of whether a player wins a match or not. And for every round-robin win, each player will pocket $390,000. Players who qualify from their respective groups and advance to the semifinal stage will earn $1,495,000 (this is for the semifinalist who wins all three round-robin matches).
In terms of points breakdown, each round-robin accounts for 200 points. Winning a semifinal match accounts for 400 points, while the final alone translates to 500 points. If a player is lucky enough to win all five matches in Turin, he'll receive the full 1,500 points on offer.
2023 ATP Finals Prize Money & Points Singles:
| Points | Prize Money | |
|---|---|---|
| Undefeated champion | 1500 points (overall) | $4,801,500 |
| Final win | 500 points | $2,201,000 |
| Semi-final win | 400 points | $1,105,000 |
| Round-robin win | 200 points (per win) | $390,000 |
| Participation fee | $325,500 | |
| Alternate | $152,500 |
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