Significant reduction in prize money for singles champions and finalists (and semifinalists as well) at Indian Wells and Miami this year. Qualifying and early rounds prize money, on the other hand, are increased, particularly at IW.
Miami Open 2024 ATP and WTA PRIZE MONEY and Points Breakdown with $18,000,000 on offer
ATPSunday, 31 March 2024 at 22:53
The ATP and WTA prize money for the 2024 Miami Open has been revealed. The tournament, scheduled to take place from March 17 to 31, features a surprising change in prize distribution. Unlike other tournaments that typically increase the champion's prize money each year, the Miami Open organizers have decided to reduce the amounts for finalists and semifinalists.
The tournament will include last year's male finalists Jannik Sinner and defending champion Daniil Medvedev. However, on the women's side, there will be a new champion as Petra Kvitova will be absent due to pregnancy, although 2023 finalist Elena Rybakina will participate.
The strategy aims to significantly increase prizes for earlier rounds, thereby helping to narrow the large income disparities for lower-ranked players. Miami won't be the only tournament adopting this strategy to change prize money; Indian Wells, at the beginning of the 'Sunshine Double,' also opted for a similar approach in a curious twist.
Reportedly, the final and championship rounds will see the most significant discrepancy, with a 10% reduction compared to the previous season. Despite this reduction, the winnings for the champions remain notable, with $1,100,000 compared to the $1,262,220 from the previous year. The finalists will also experience a slight decrease, taking home $585,000 instead of the $662,360 from 2023.
2024 Miami Open Prize Money and Points Breakdown
| Round | Prize Money | ATP Points | WTA Points |
| Winner | $1,100,000 | 1000 points | 1000 points |
| Finalist | $585,000 | 600 points | 650 points |
| Semi-Finalists | $325,000 | 360 points | 390 points |
| Quarter-Finalist | $185,000 | 180 points | 215 points |
| Last 16 | $101,000 | 90 points | 120 points |
| Last 32 | $59,100 | 45 points | 65 points |
| Last 64 | $34,500 | 25 points | 35 points |
| Last 96 | $23250 | 10 points | 10 points |
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