Laver Cup Prize Money
2024 Breakdown & Historicals
Named after Rod Laver and established in 2017, the Laver Cup is an annual hardcourt event where Team Europe and Team World, each composed of six players, face off against each other.
During the three-day tournament, players participate in 12 matches, with victories increasing in value, starting at one point on day one and ending at three points on day three. Through 2024, Team Europe has a 5-2 winning record.
For 2024, Laver Cup prize money is $1,500,000 or €1,426,822 and £1,182,009, a sizeable purse where only 12 players participate.
Each winning team member will pocket $250,000, translating to €237,798 and £197,005. It’s worth noting that these winning sums are flat fees per player regardless of individual performance.
Beyond prize money, players at the Laver Cup earn guaranteed participation fees commensurate with their rankings, so the higher ranked a player, the more they make for showing up.
The remainder of this guide details an overview and complete breakdown of the Laver Cup’s prize money and historical data for reference and quick comparison.
2024 Full Breakdown
As a team event, prize money at the Laver Cup looks drastically different than your standard ATP tournament, where players earn more the further they progress. Instead, participating players win a flat prize amount as winners or losers.
Furthermore, where doubles participants usually earn less money at tournaments, there is no distinction. All team members win the same amount regardless of their participation across matches.
The following table summarizes prize money data at the Laver Cup since its start in 2017. I’ve converted prize money to euros and Sterling Pound, calculated using the prior year’s exchange rate on the day of the final for a close approximation of value.
Winning Team
Amount paid to each winning team member.
Winning Team | Dollars | Euros | Pounds |
2017 | $250,000 | €209,013 | £184,255 |
2018 | $250,000 | €212,603 | £190,067 |
2019 | $250,000 | €226,655 | £199,977 |
2021 | $250,000 | €213,329 | £182,829 |
2022 | $250,000 | €252,934 | £220,700 |
2023 | $250,000 | €252,934 | £220,700 |
2024 | $250,000 | €252,934 | £220,700 |
Losing Team
Amount paid to each losing team member. Please note that starting in 2023, the Laver Cup no longer awarded the losing team member’s prize money. However, all players still receive appearance fees tied directly to their rankings.
Losing Team | Dollars | Euros | Pounds |
2017 | $125,000 | €104,506 | £92,128 |
2018 | $125,000 | €106,302 | £95,034 |
2019 | $125,000 | €113,327 | £99,989 |
2021 | $125,000 | €106,664 | £91,415 |
2022 | $125,000 | €126,467 | £110,350 |
2023 | $0 | €0 | £0 |
2024 | $0 | €0 | £0 |
Prize Money by Year
Prize money at ATP tournaments commonly changes yearly based on various factors, including the tournament’s success in the prior year. However, the Laver Cup is unique because prize money for the winners has remained the same since its inception.
Like other tournaments, organizers fund prize money through many of the same key revenue sources, including ticket sales, sponsorships, merchandise, and concessions. The event has experienced success every year, so it’s surprising prize money hasn’t increased. However, to be fair, the amount players receive is generous even by today’s prize money standards.
The following table outlines the yearly prize money for the Laver Cup since 2017. The only change has been that the event no longer awards money to the losing team purely for participation.
Year | Total Prize Money | Change |
2017 | $2,250,000 | 0% |
2018 | $2,250,000 | 0% |
2019 | $2,250,000 | 0% |
2021 | $2,250,000 | 0% |
2022 | $2,250,000 | 0% |
2023 | $1,500,000 | -33% |
2024 | $1,500,000 | 0% |
Please note that all data is in US dollars.
FAQs
Here are a few frequently asked questions about the Laver Cup’s prize money from fans and attendees.
How much does the winner earn?
In 2024, each winning team member at the Laver Cup will receive $250,000, equivalent to €237,798 and £197,032.
How much does the runner-up earn?
For 2024, the Laver Cup’s runner-up team doesn’t earn any prize money; however, players who lost but participated still receive their appearance fee based on their rankings.
Is prize money taxed?
Yes. The United States government taxes all player earnings at the Laver Cup up to 37%.
Home > Prize Money > Laver Cup