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    Home»Sports»US Open Victory: Alcaraz’s Prize Money Slashed by Taxes and Expenses

    US Open Victory: Alcaraz’s Prize Money Slashed by Taxes and Expenses

    Sports September 9, 20251 Min Read
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    US Open Victory: Alcaraz’s Prize Money Slashed by Taxes and Expenses
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    Carlos Alcaraz’s victory at the 2025 US Open, which saw him defeat Jannik Sinner in a memorable final, came with a historic $5 million prize. Despite this milestone, his net earnings are substantially reduced. The US Open’s prize pool increased to $90 million, with the singles champions receiving $5 million each. A significant portion of Alcaraz’s earnings is allocated to taxes. The highest federal income tax rate in the United States, at 37% for income exceeding $609,351, will substantially reduce his winnings. Also, New York state taxes contribute to further deductions. Consequently, Alcaraz’s actual earnings will likely be around $2.5 million, highlighting the considerable impact of taxes on high-value earnings. Furthermore, the costs associated with Grand Slam participation, including travel, lodging, and team expenses, add to the overall expenses. Despite the reduced earnings, Alcaraz’s dominance at a young age, his brand value, and sponsorships guarantee a very successful financial future.

    carlos alcaraz grand slam Income Tax Jannik Sinner Prize Money Sports Finance Taxes tennis US Open
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