Paris Masters 2023 Prize money: All you need to know

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Here’s everything you should know about the prize money on offer at the 2023 Paris Masters

The Paris Masters takes place indoors at the AccorHotels Arena in the Bercy neighborhood. This competition is a significant part of the ATP Tour Masters 1000 within the Association of Tennis Professionals (ATP) Tour. Its history traces back to the French Covered Court Championships, and during the open era, it was hosted at the Stade Pierre de Coubertin until 1982. In 1989, it was elevated to Grand Prix Tour status, specifically the Grand Prix Super Series. Typically, this tournament marks the conclusion of the season before the ATP Finals.

Paris Masters 1000
Paris Masters 1000

The 2023 Paris Masters, which marks the 51st edition of the tournament, is scheduled to be held at the Accor Arena in Paris from October 30 to November 5, 2023. Last year, Holger Rune emerged as the champion by defeating Novak Djokovic 3-6, 6-3, 7-5 in the final. However, defending his title might be a formidable task for Rune due to his recent performance. Novak Djokovic is set to make a return and is considered a strong favorite to clinch the title, although competitors like Carlos Alcaraz and Daniil Medvedev are also capable of challenging him for the championship.

Paris Masters 2023 – Prize Money

The Paris Masters serves as players’ final opportunity to secure a spot at the year-ending championships in Turin and to claim a substantial share of the prize money, just in time for the season of goodwill. In 2023, the total prize money available for the Paris Masters amounts to €5,779,335, representing a notable 6.72% increase from the previous year.

Furthermore, the champion of the Paris Masters 2023 will not only earn the prestigious title but also a prize money of €892,590, which mirrors the 6.72% increase compared to what Holger Rune received as the champion last year. Runners-up will be rewarded with €487,420, reflecting the same 6.72% increase in their compensation compared to the previous year.

Let us take a look at the complete breakdown of prize money for Paris Masters 2023 in the table below:

Singles

2023Prize Money € EURPrize Money $ USDPrize Money £ GBP% Change vs 2022
Winner€892,590$946,603£777,3526.72%
Runner-up€487,420$516,915£424,4916.72%
Semifinal€266,530$282,658£232,1196.72%
Quarterfinal€145,380$154,177£126,6116.72%
Round 3€77,760$82,465£67,7216.72%
Round 2€41,700$44,223£36,3166.73%
Round 1€23,100$24,498£20,1186.70%
Q2€11,830$12,546£10,3036.67%
Q1€6,200$6,575£5,4006.71%

Doubles

2023Prize Money € EURPrize Money $ USDPrize Money £ GBP% Change vs 2022
Winner€273,850$290,512£238,482-3.2%
Runner-up€148,760$157,811£129,5470.6%
Semifinal€81,720$86,692£71,1664.6%
Quarterfinal€45,080$47,823£39,2584.1%
Round 2€24,780$26,288£21,5804.3%
Round 1€13,530$14,353£11,7832.5%

Paris Masters 2023 – Top Players

The Paris Masters is eagerly anticipated for the comeback of the world No.1 and six-time champion, Novak Djokovic. Djokovic has been absent from competition since the Davis Cup Finals Group Stage in mid-September. His return will be met with a formidable challenge from the second seed, Carlos Alcaraz, who recently disclosed that he is progressively recovering after withdrawing from the Swiss Indoors due to a plantar fascia issue in his left foot and muscle fatigue in his lower back. Alcaraz aims to outperform the 24-time Grand Slam champion in Paris as he sets his sights on securing the year-end No.1 ranking.

Paris Masters 1000
Paris Masters 1000 (Reddit)

The draw for the Paris Masters also features the defending champion, Holger Rune, who has embarked on a new partnership with the three-time Paris Masters champion, Boris Becker. Notable former champions participating in the event include Daniil Medvedev, Andy Murray, and Karen Khachanov. Murray’s path to success will be challenging, as he faces the 13th seed, Alex de Minaur, in the first round, particularly after their recent close encounter in Beijing where Murray narrowly missed victory despite holding three match points. Additionally, wildcards have been granted to a group of French players, namely Luca Van Assche, Richard Gasquet, Alexandre Muller, and Benjamin Bonzi, adding a local touch to the tournament lineup.

Paris Masters 2023 – Legacy

The Paris Masters, officially known as the Rolex Paris Masters due to sponsorship has a rich and storied legacy that has made it one of the most significant events in the world of tennis. One of the standout features of the Paris Masters is its location.

The tournament takes place at the AccorHotels Arena, which is situated in the Bercy neighborhood of Paris. This state-of-the-art indoor facility has a seating capacity of over 14,000 spectators, providing a unique and electric atmosphere for tennis enthusiasts. The central Paris location makes it easily accessible to both players and fans, and its modern facilities offer the perfect setting for high-level tennis action.

Novak Djokovic
Novak Djokovic holding the 2019 Paris Masters title. (Getty IMages)

Over the years, the Paris Masters has seen some of the biggest names in tennis battle for the title. Players like Novak Djokovic, Roger Federer, Rafael Nadal, and Andy Murray have all triumphed here, adding to the tournament’s legacy. The event also carries significant ranking points, which further adds to its appeal for players looking to secure their positions in the ATP rankings. The event is known for its demanding and fast indoor hardcourt surface, which challenges players’ agility, speed, and shot-making abilities. This unique playing environment has led to thrilling and unpredictable matches, making the tournament a favorite among both players and fans.

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