The Spanish tennis player earned a record 2.55 million euros of prize money, but due to complex tax regulations will have to give up nearly half of that amount.
22-year-old Alcaraz defended the title from last year after the Italian tennis cartridge of Sinner 4: 6, 6: 7 (4), 6: 4, 7: 6 (3), 7: 6 (10: 2). The match lasted five hours and 29 minutes, the longest final in the history of Roland Garros and the second longest finals of the Grand Slam tournament at all. Alcaraz saved three matches of balls in the fourth set and made an amazing turnaround after lagging 2: 0 in the sets.
Alcaraz won the Fifth Grand Slam title in Paris in the fifth final, which equaled the Rafael Nadal, which also had five Grand Slam titles aged 22, one month and three days.
Roland Garros is 2025. year increased the total prize pool to 56.35m euros, which is an increase of 5.37 percent compared to last year. The winners of individual male and female competition tournaments earn 2.55 million euros, which is the largest amount in the history of the tournament.
The tax system for professional tennis players differs from most other sports. Tennis players pay taxes in the country where they earned prize money, regardless of their nationality. Alcaraz’s field success is so therefore will not fully reflect in its pocket due to complex tax regulations.
According to Spanish media reports, the tennis player will have to pay a combination of state and regional income tax in a height of 46 percent. This means that the French Tax Administration will keep around 1.18 million euros from the Alcaraz’s award, while it will remain 1.37 million euros, Index reports.
Despite the great tax liability, Alcaraz’s financial future remains promising. So far, in his short career he has earned about 38 million euros only than the prize money. It is interesting that Alcaraz has earned $ 12 million in this age more than Rafael hoped in the same career phase, even after inflation.
Fernández’s tax expert from Taxdown explained the complexity of the situation: “When we talk about these amounts for sports triumphs, it is common to think only of the gross amount, but what is really relevant is how much it ends in the athletes’ pocket.”
He added that good tax planning is crucial, even for the best athlete in the world.
(Vijesti.ba)
