The ASB Classic in Auckland holds a unique place in the world of tennis as the sole ATP and WTA event hosted in New Zealand, boasting a rich history dating back to 1956. This prestigious tournament, traditionally held in early January, serves as a crucial warm-up for many top players as they prepare for the inaugural Grand Slam of the year in Melbourne.
Kicking off the festivities, the women’s tournament begins on January 1st, featuring a total prize pool of $267,082 – marking a notable 3.0% increase from the previous year. The women’s champion will claim $35,250, reflecting the same 3.0% increment, with the formidable Coco Gauff among those seeking to defend her title in 2024.
Meanwhile, the runner-up in the women’s event will pocket $20,830, also benefiting from the 3.0% prize money boost compared to the 2023 edition. This upward trend extends throughout the competition, including the qualifying rounds, where all participants will enjoy a 3% increase in their earnings compared to the prior year.
A week later, the spotlight shifts to the men’s tournament, with the ATP Champion set to receive $100,640 in prize money – a commendable 2.9% increase relative to Richard Gasquet’s winnings when he clinched his 16th career title at the age of 36 in the previous year.
In this article, we will delve into a comprehensive breakdown of the prize money distribution for both the ATP and WTA ASB Classic events, offering a comparison with previous years to highlight the evolving financial landscape of this iconic tennis competition.
2024 ASB Classic Auckland WTA Prize Money & Points Overview:
Winner | 250 points | $35,250 |
Finalist | 163 points | $20,830 |
Semi-finalists | 98 points | $11,610 |
Quarter-finalists | 54 points | $6,608 |
2nd round | 30 points | $4,040 |
1st round | 1 point | $2,890 |
FAQs
How much does the winner earn at the ASB Classic?
In 2022, the champion of the ATP ASB Classic will earn a prize of $97,760, equivalent to €91,043 and £80,451.
Meanwhile, the victor of the WTA ASB Classic in the same year will receive a prize of $34,228, which translates to €31,876 and £28,173.
How much does the runner-up earn at the ASB Classic?
In the 2022 edition of the ASB Classic, the second-place finisher in the ATP event will be awarded a prize of $57,025, which is equivalent to €53,118 and £46,928. Likewise, the runner-up in the WTA ASB Classic for the same year will receive a payout of $20,226, which translates to €18,840 and £16,648.
Is the ASB Classic’s prize money taxed?
Certainly. The New Zealand government imposes taxes on all earnings of players participating in the ASB Classic, with the highest tax rate reaching 33%.
Wrapping It Up!
In conclusion, the ASB Classic in Auckland holds a special place in the world of tennis, serving as the sole ATP and WTA event in New Zealand with a rich history dating back to 1956. As we’ve explored, both the men’s and women’s tournaments have seen increases in prize money, reflecting the tournament’s significance as a vital warm-up for top players gearing up for the Australian Open. However, it’s essential to note that player earnings at the ASB Classic are subject to taxation by the New Zealand government, with tax rates potentially reaching as high as 33%. This blend of history, competitive tennis, and financial considerations makes the ASB Classic a unique and intriguing event in the world of professional tennis.