Carlos Alcaraz has written a new chapter in his sporting career by winning the 2025 French Open after an intense final against Jannik Sinner, the world number one.
The Spaniard lifted the most coveted trophy on clay, adding another Grand Slam to his list of achievements. However, beyond the sporting achievement, there is one figure that has not gone unnoticed: the 2,550,000 euros ($2909447,72) he received as a prize.
But not all of that money will go into the tennis player’s pocket. Although the French Open has distributed more than 56 million euros ($63,89) in prize money, the amount received by Alcaraz will be taxed in Spain, where he is tax resident.
In his case, the bill with the tax authorities will be substantial. According to estimates by TaxDown, the player will have to pay around 1,181,936 euros ($1348541,57) in taxes, which represents 46% of the total amount earned in Paris.
“When we talk about these amounts for sporting triumphs, it is usual to think only of the gross figure, but what is really relevant is how much ends up in the athlete’s pocket,” says Aitor Fernandez, tax expert at the platform. A large part of the prize will end up in the hands of the state, due to the sum of state and regional income tax that corresponds to their income.
Alcaraz, a native of El Palmar – Murcia (Spain), is already familiar with million-dollar figures: he has accumulated close to $44 million in prize money just for competing. However, these amounts place him at the highest end of the Spanish tax scale, which requires efficient management of his finances. According to experts, “good tax planning is key, even for the best sportsmen in the world.”
Read the full article here
