The 2023 Next Gen ATP Finals will take place in the city of Jeddah, Saudi Arabia, as several young and exciting talents compete for the title from November 28-December 2.

The elite event features the best of the 21-and-under singles players on the ATP tour during the season, with players jostling for qualification during the calendar year.

There have been five successful editions, all held in Milan, Italy and the city of Jeddah is set to host the event for the next four years. Following the success of the previous editions, a record amount in prize money has been made available, with a total of $2,000,000 on offer to the participants.

Carlos Alcaraz and Holger Rune are two of the big names that could play at this event, but they have their eyes set on qualification for the season-ending ATP Finals. Nonetheless, US Open semi-finalist Ben Shelton, Italy’s Lorenzo Musetti and France’s Arthur Fils are among those who have earned qualification to play in Jeddah.

Although each participant is guaranteed $150,000 just for playing at the event, the winner will still get an additional sum for each victory during the event. Below is the full breakdown.

Each match win in group stage $32,500

Semifinal victory $113,500

Champion $153,000