2023 Next Gen ATP Finals Prize Money Overview

2023 Next Gen ATP Finals Prize Money Overview

by Nurein Ahmed

In its sixth edition, the 2023 Next Gen ATP Finals will be played from November 28th to December 2nd, converging eight of the world's best in the 21-and-under category.

The eight players aged 21 and under who have earned the most ranking points during the course of the 2023 season will qualify for this prestigious tournament that will have a new home at the King Abdullah Sports City in Jeddah, Saudi Arabia.

Carlos Alcaraz and Holger Rune occupy the top two spots in the calendar-year race for the Next Gen ATP Finals, but neither is likely to play there. That will open up two places into the field for those finishing in ninth and 10th in the race.

Alcaraz's priority is to play in the ATP Finals and is scheduled to play in an exhibition tournament in late November when the Next Gen ATP Finals kicks off. So far, Lorenzo Musetti and Ben Shelton are primed to take over as the top two seeds. They are likely to be joined by French teenager Arthur Fils. As many as seven players are looking to qualify.

This year's staging will be the most lucrative of all editions, with a prize money pot of $2 million that will be allocated to all participants. In addition, each player who qualifies for the tournament is set to pocket an appearance fee worth $150,000.

Just like past editions, the format for the competition will remain unchanged. The eight players will be split into two groups, each containing four competitors, playing in a round-robin, followed by the semifinals and final. The event will be played on a singles-only court.

Each round-robin stage match win is worth $32,500. Players who win their semifinal matches will each receive $113,500. The player lucky enough to win the final will make $153,000. It is pertinent to note that, the event does not offer any ranking points.

An alternate brought it as make-shift cover for a player who withdraws from the tournament, will receive $15,000. For the full prize money breakdown for the 2023 Next Gen ATP Finals, be sure to check it out below.

2023 Next Gen ATP Finals Prize Money Overview:

Prize Money
Undefeated champion $514,000
Final win $153,000
Semi-final win $113,500
Round-robin win $32,500
Participation fee $150,000
Alternate $15,000

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