Professional tennis players make a lot of money. They are some of the highest-paid athletes in the world. In 2018, the top 10 earning male tennis players made a combined $145 million.
That is an average of $14.5 million per player! The top 10 female tennis players made a combined $106 million in 2018. That is an average of $10.6 million per player!
So, professional tennis players make good money!
A professional tennis player can make a lot of money if they are good enough. The top players in the world can make millions of dollars a year from prize money, sponsorships, and endorsements. Lower ranked players can still make a good living, but it is harder for them to compete with the top players for prize money and sponsorships.
Tennis is a very popular sport, and there is a lot of money to be made by the best players in the world.
The Harsh Reality Behind How Much Tennis Players Make
Credit: serveandvolleytennis.com
How Much Does a Professional Tennis Player Make
The average professional tennis player earns $52,000 a year, with the top players making millions of dollars. In 2013, Novak Djokovic was the highest paid tennis player, earning $26 million. Roger Federer and Rafael Nadal were second and third, earning $71.5 million and $44.6 million respectively.
The fourth highest earner was Andy Murray, who made $38 million.
While the top players make millions of dollars a year, most professional tennis players earn much less. The average salary for a lower-ranked player is around $30,000 a year.
Many players supplement their income by working as coaches or giving Lessons when they’re not competing.
Generally Speaking, Though, the Top-Earning Tennis Players Can Make Upwards of $20 Million Per Year
When it comes to tennis, the amount of money that a player can make varies greatly. The highest-earning players in the sport can bring in tens of millions of dollars per year, while lower-ranked players may only make a few thousand. There are a number of factors that affect how much money a player can earn, such as their ranking, prize money winnings, and endorsement deals.
The top-ranked player in the world, Novak Djokovic, earned an estimated $21 million in prize money and endorsements in 2020. That’s more than double the amount of money earned by second-ranked Rafael Nadal ($10 million) and third-ranked Roger Federer ($8.4 million). Djokovic’s earnings were boosted by his wins at both Wimbledon and the US Open, as well as his numerous endorsement deals with companies like Lacoste, Uniqlo, and Head.
While Djokovic is the highest-paid tennis player in the world, there are many other players who earn impressive salaries. For example, Kei Nishikori earned $37 million in 2019 (mostly from endorsements), while Serena Williams made $36 million (also mostly from endorsements). Even lower-ranked players can do quite well for themselves financially; for instance, Frances Tiafoe made $2.7 million in 2019 despite being ranked outside the top 50.
In general, then, the top tennis players in the world can earn upwards of $20 million per year from prize money and endorsement deals combined. While this is an impressive sum of money, it should be noted that expenses such as coaches’ fees and training costs can eat into a player’s earnings. Still, there’s no doubt that professional tennis can be a very lucrative career for those at the top of their game.
Conclusion
A professional tennis player can make a lot of money if they are successful. The prize money for winning a tournament can be very large, and the top players also make money from sponsorships and endorsement deals. However, not all tennis players are successful enough to make a living from the sport.
Many players have to supplement their income with coaching or other jobs.