Tennis gem Jannik Sinner doubled up at the US Open after his second Grand Slam title boosted his bank balance considerably.
Jannik Sinner lifted his second Grand Slam title in New York
A second Grand Slam title of 2024 has increased Jannik Sinner’s stock after he beat Taylor Fritz to clinch the US Open crown on Sunday. The decider proved to be somewhat one-sided in the end as Sinner soared to a 6-3, 6-4, 7-5 victory, adding the New York major to his growing collection.
Expectations were high for the world No.1 at Flushing Meadows after he sealed his maiden major at this year’s Australian Open before reaching the French Open’s last four. However, some may have been surprised at just how routine he made things look after dropping just two of 23 sets played en route to the title.
And to the victor goes the spoils as the 23-year-old added another £2.7million ($3.6m) payday to his list of achievements. The newly crowned US Open champion has now earned more money than any other player on the ATP Tour in 2024, overtaking Carlos Alcaraz in the last major tournament of the year.
That pay cheque will also plump up Sinner’s net worth nicely following the biggest win of his career to date. His US Open winnings dwarf his Australian Open prize money by almost £1m and boost his overall wealth to around £14m ($18.5m).
That’s after accounting for the percentage he’ll have to pay in New York taxes before taking his own cut of the US Open grand prize. Sinner will also have coaches and other expenses to pay, so an approximate final take of £2m or so seems conservative enough.
Tennis players are required to pay tax on earnings in the country (and/or state) in which they won the money. That’s why winnings don’t contribute as significantly to an athlete’s net worth as one might expect.
Sinner has won £8m in prize money this year alone
The icon-in-the-making will have one more major opportunity to win big this year when the ATP Finals take place in Turin in November. And the £1.7m ($2.2m) grand prize on offer in his home country would be one heck of a way to sign off the best year of his career to date.
Having come into 2024 without a Grand Slam final appearance to his credit, Sinner now boasts two major crowns and is £8m ($10.5m) better off in ATP winnings alone. That’s without accounting for his many endorsement deals with the likes of Nike, Gucci, Rolex and Head.
For now, however, Sinner will enjoy a well-deserved period of rest after lifting the top honour at Flushing Meadows. The ATP Finals get underway in Turin on November 10, giving the Italian roughly two months to prepare for the end-of-season event.
No other men’s player will carry quite as much momentum as Sinner into the competition, which bodes well for his chances of lifting his first ATP Finals crown. And he’ll have revenge in mind after losing to Novak Djokovic in the deciding match of last year’s competition.
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