World’s top 10 highest-paid tennis players in 2024: Carlos Alcaraz leads with $42.3 million

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Highest-paid tennis players in 2024: Notably, Carlos Alcaraz has achieved the highest earnings for a player in a single year, totalling $42.3 million.

Highest Paid Tennis Players in 2024: In 2023, the 21-year-old Carlos Alcaraz from Spain surpassed Djokovic, claiming the top spot with an estimated income of $42.3 million, excluding taxes and agent fees. (Reuters)

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Highest Paid Tennis Players in 2024: In 2023, the 21-year-old Carlos Alcaraz from Spain surpassed Djokovic, claiming the top spot with an estimated income of $42.3 million, excluding taxes and agent fees. (Reuters)

Highest-Paid Tennis Players in the world in 2024: Tennis has established itself as one of the most popular sports worldwide, attracting extensive media coverage, a large number of communities of players and fans, and widespread appeal and participation in the game.

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A select group of exceptional players have made their mark on the sport. Novak Djokovic, the defending champion, has solidified his legacy as the greatest tennis player of all time with a record 24 Grand Slam singles titles.

However, in modern tennis, financial success has become increasingly linked to athletic performance. Despite Djokovic’s impressive collection of titles, he often found himself ranked second among the sport’s highest earners.

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But, in 2022, this dynamic shifted with Roger Federer‘s retirement, which led Djokovic to rise to the top position with a remarkable total of $38.4 million in combined on-court and estimated off-court earnings.

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In 2023, the 21-year-old Carlos Alcaraz from Spain surpassed Djokovic, claiming the top spot with an estimated income of $42.3 million, excluding taxes and agent fees.

Forbes recently unveiled its ranking of the highest-paid tennis players in 2024, with the top ten players collectively earning an estimated $246 million over the past year.

While this figure falls short of the record $343 million set in 2020—when Federer and Serena Williams alone contributed $142 million—it still indicates a significant increase in earnings for the sport’s elite athletes.

In another promising sign for the state of tennis, the top 10 tennis players are all under 26, with only Djokovic and Rafael Nadal outside their 20s.

It’s noteworthy to mention that tennis is the only major professional sport with comparable financial standing for male and female athletes, though it currently has only four women among the top 10 highest-paid tennis players in 2024.

The World’s Top 10 Highest-Paid Tennis Players in 2024:

Interestingly, Roger Federer, who was the highest-earning athlete in tennis from 2007 until his retirement, still continues to generate an impressive estimated income of $90 million annually.

In contrast, Carlos Alcaraz has achieved the highest earnings for a player in a single year, totalling $42.3 million.

Rank Player Age Country Total earnings On-Court earnings Off-Court earnings

1 Carlos Alcaraz 21 Spain $42.3 Million $ 10.3 Million $32 Million

2 Novak Djokovic 37 Serbia $37.2 Million $$12.2 Million $25 Million

3 Coco Gauff 20 U.S. $27.1 Million $7.1 Million $20 Million

4 Iga Swiatek 23 Poland $26.7 Million $11.7 Million $15 Million

5 Jannik Sinner 23 Italy $26.6 Million $11.6 Million $15 Million

6 Rafael Nadal 38 Spain $23.3 Million $10.3 Million $23 Million

7 Daniil Medvedev 28 Russia $20.3 Million $7.3 Million $13 Million

8 Naomi Osaka 26 Japan $14.6 Million $0.6 Million $14 Million

9 Casper Ruud 25 Norway $13.9 Million $3.9 Million $10 Million

10 Aryna Sabalenka 26 Belarus $13.7 Million $6.7 Million $7 Million

Source: Forbes

Note: The report ranks the highest-paid tennis players globally, based on earnings from on-court prize money and Olympic bonuses collected over the past 12 months, rounded to $100,000, and off-court earnings from endorsements, appearances, licensing, memorabilia, and business ventures.

Carlos Alcaraz:

Rank 1, Carlos Alcaraz, total earning of .3 million (source: AP)

Spain’s Carlos Alcaraz, ranking as high as World No. 1 in singles by the Association of Tennis Professionals, has total earnings of $42.3 million. Alcaraz has won 15 ATP Tour-level singles titles, including four Grand Slam titles, five Masters 1000 titles, and an Olympic silver medal in singles in 2024.

Novak Djokovic:

Rank 2, Novak Djokovic, total earnings of $37.2 million (Reuters)

Novak Djokovic, a 37-year-old Seberian tennis player, has accumulated $37.2 million in earnings through 99 singles titles, 72 big titles, 40 Masters, seven year-end championships, and an Olympic gold medal in 2024.

Rafael Nadal:

Rank 6, Rafael Nadal, total earnings $23.3 million (AP/PTI)

Rafael Nadal, the legendary 38-year-old from Spain, has total earnings of $23.3 million, with 92 ATP titles, including 22 Grand Slam men’s singles titles, including a record 14 French Open titles. He has won 92 ATP-level singles titles, including 36 Masters titles and two Olympic gold medals in both singles and doubles.

Naomi Osaka:

Rank 8, Naomi Osaka, total earnings of $14.6 million (AP)

Naomi Osaka, the first Asian player to hold the top ranking in singles, has total earnings of $14.6 million. Osaka has been ranked world No. 1 in singles by the Women’s Tennis Association and is a four-time Grand Slam single champion, with two Australian Open and two US Open titles

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