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Eager to find out more concerning Miami Open prize money for 2023? I’ve given you the complete rundown right here.
Prize Money Miami Open 2023 – What’s on Offer?
The Miami Open is one of the most highly anticipated tennis tournaments of the year. Set to start in April 2023, this tournament will bring together some of the best tennis players from around the world. Sure to be an unforgettable experience for both players and spectators alike. With its beautiful setting and intense competition, the Miami Open is sure to be an amazing event in 2023.
For men, it is the second Masters 1000 event of the year after the Indian Wells in March. For women, it is the third Masters 1000 event after the Dubai Open in February and the Indian Wells.
Founded in 1985, the first edition of the competition was held in Delray Beach, Florida. The second year of its inception saw the tournament move to Boca West. There was another venue change in 1987, as the Miami Open found a home at Key Biscayne until 2018. Since 2018, the Hard Rock Stadium in Miami Gardens has been the tournament host.
The move to Hard Rock Stadium saw an increase in the combined prize pool which amounts to $17.6 million spread across men’s and women’s singles, doubles and mixed events in the 2023 edition. The specifics of the prize pool are shared below in their respective sections.
Miami Open Prize Money – Men’s Singles
Since 2006, the Miami Open has had equal prize money. A couple of years saw a discrepancy, where the women took home more than the men. The current edition will see $17,600,000 disbursed, a 2.52% increase that brings it on par to the Indian Wells.
Miami Open Prize Money 2023 – Men’s Doubles
Doubles players play four matches fewer than their singles counterparts en route to the Miami Open glory in 2023. Their prize pool is lesser at $8,800,000 but will not stop the event for being epic for the participating doubles players. With a prize pool of $436,730 for the winner and $231,660 for the runner–up, the tournament is sure to be highly competitive. Players who make it to the semifinals will receive $123,550, while those who make it to the quarterfinals will get $62,630. Even those who make it to the second round will receive an impressive $33,460. With such generous rewards, the Miami Open 2023 is sure to be an unforgettable experience for all players involved.
Women’s Singles – Miami Open Prize Money 2023
While some past tournaments have seen larger payouts for female players than male players, the Miami Open has kept its men’s and women’s prizes equal over the last few years. Just like the men’s rewards, the Miami Open 2023 will feature a generous prize pool of $1,262,220 for the winner of the women‘s singles event. This amount sees an improvement of 2.52% from prior editions and is at par with rewards at the Indian Wells.
The breakdown is similar to the men’s version, showcasing its gender equality and fairness values. The move up to be at par with Indian Wells shows that it is also looking at the competition to become more enticing for the participants than the luscious surroundings it offers.
Women’s Doubles – Prize Money Miami Open 2023
The Miami Open prize pools for the women’s doubles event are similar to the men’s doubles. To reiterate, this year, the women’s doubles winner will get $436,730, while $231,660 will be given to the runner–up. The semi-finalists will take home $123,550 each and quarterfinalists will receive a whopping sum of $62,630! Even those who reach round two can still look forward to a generous payout of $33,460 while those in round one get a decent amount of money at $18,020.
This year’s prize pool is significantly higher than the 2021 edition, which was only $81, 000 for winners due to the effects from covid-19. To come at par with other Masters 1000 events, it has increased by 2.5% across the board.
It should be remembered that this pay stub will be equally divided among the two partners. This makes the winnings significantly lesser than the singles events for the participating tennis stars.