The 2024 Canadian Open, also known as the National Bank Open, will run from August 6th to 12th, and the prize money for the men's tournament has been revealed.
This is the first of the ATP Masters 1000 doubleheader during the summer hard-court swing in North America, which is an important stop on the road to the final Grand Slam of the season at the US Open.
For the 2024 edition, the Canadian Open will observe a Tuesday start to main draw action because of the Olympic Games. The last gold medal match in Paris will finish on Sunday, August 4th.
Tournament organizers in Montreal and Toronto have considered the after-effects of competing there and will give those traveling ample time to recover before playing in Canada. Therefore, the first ball in the main draw will be struck on August 6th, concluding with a Monday final.
The entry list for the men's tournament, which will be held in Montreal this year, has also been released. Despite a record prize money on offer, a high number of withdrawals can be expected in the coming days, especially for those players who reach the sharp end of the draw at the Olympics.
However, the high-profile name unlikely to miss the tournament is World No. 1 Jannik Sinner. The Italian is the defending champion and won the event when it was staged in Toronto 12 months ago. It was the first Masters 1000 title of his young career.
Sinner withdrew from the Olympics because of illness. Should he recover this week, as expected, he will be the top seed at the tournament. Fellow rivals Novak Djokovic and Carlos Alcaraz are also named in the initial entry list, and it remains to be seen if both will commit.
The same applies to Alexander Zverev, Daniil Medvedev, Casper Ruud, Stefanos Tsitsipas, and Taylor Fritz who are competing in Paris. Rafael Nadal (unless he takes a late wild card) and Hubert Hurkacz (knee injury) will be the big absences.
Holger Rune is in a race against time to recover from a knee injury he picked up in Hamburg that kept him out of the Olympics, while Grigor Dimitrov is also a doubt after retiring at Wimbledon.
The tournament will commit a total prize money of $6,795,555, which is almost 3% higher than last year's purse. This is also the largest prize money pool in the Canadian Open's history.
Major increments in prize money will be mirrored for each round of the main draw and qualifying, giving players additional motivation to compete and win. The distribution (main draw) will start from the first round stage, with players pocketing $27,165 and receiving 10 points at this stage.
Those who reach the second round stand to almost double that figure. They will receive $49,030 and 50 points. Players who stumble in the third round will depart from Canada $91,435 richer and will receive 100 points.
ATP players must win three matches to advance to the quarterfinal stage. There, they will be guaranteed a paycheck of $170,940 and 200 points. The semifinalists in Montreal will receive $313,395 and 200 points.
The two men who will contest the 2024 Canadian Open final will get a substantial chunk of the prize money. The champion will earn $1,049,460 (at least $30,000 more than Sinner when he won last year) and gets 1000 points. The runner-up, meanwhile, will earn $573,090 and 650 points.
2024 Canadian Open Montreal ATP Prize Money & Points Overview:
| Points | Prize Money | |
| Winner | 1000 points | $1,049,460 |
| Finalist | 650 points | $573,090 |
| Semi-finalists | 400 points | $313,395 |
| Quarter-finalists | 200 points | $170,940 |
| 3rd round | 100 points | $91,435 |
| 2nd round | 50 points | $49,030 |
| 1st round | 10 points | $27,165 |
