Carlos Alcaraz earnings for silver medal revealed

Carlos Alcaraz was unable to get the better of Novak Djokovic in the men’s singles final of the Olympics, settling for a silver medal after being bettered by the Serbian star

Carlos Alcaraz might have lost the men’s singles final at the Olympics to Novak Djokovic – but he’ll still pocket a tidy sum for his silver medal.

Alcaraz triumphed over Djokovic in this summer’s Wimbledon finals, stunning the tennis legend with a 6-2, 6-2, 7-6 victory on Centre Court after an outstanding tournament. However, Djokovic got his payback at the Paris Olympics this summer, defeating the Spaniard 7-6, 7-6 to add a gold medal to his collection of 24 Grand Slam titles.

Despite Alcaraz likely being disappointed with silver instead of gold, he’ll receive a substantial reward from Spain for his commendable second-place finish. This is because the Spanish Olympic Committee (COE) awards €48,000 (£41,206) to individual competition silver medallists.

The 21-year-old would have been €94,000 (£80,683) richer had he managed to overcome Djokovic, while even a third-place finish would have netted him a generous €30,000 (£25,751) from the singles competition. Naturally, the Olympic prize money that Alcaraz will receive pales in comparison to the winnings from his Wimbledon victory earlier this summer.

The prestigious south-west London Grand Slam awarded its champion £2.7million, while Djokovic took home £1.4million for finishing runner-up. Alcaraz has reportedly amassed a staggering net worth of around $15million (£11.7million) through his tennis exploits and lucrative sponsorship deals.

He boasts 15 ATP Tour titles and four Grand Slam victories, including a 2022 US Open win, Wimbledon triumphs in 2023 and 2024, and a French Open victory earlier this year, reports the Express. In terms of sponsorships, Alcaraz has collaborated with big names such as Nike, Babolat, Rolex, ElPozo, BMW and Calvin Klein, to name a few.

His journey to the Olympic final was relatively smooth, barring a potentially challenging semi-final match. Alcaraz kicked things off with a win over Hady Habib, followed by a second-round clash with Tallon Griekspoor. A win over Roman Safiullin led him to a quarter-final against Team USA’s Tommy Paul, where he emerged victorious with a score of 6-3, 7-6, paving his way to the semis against Felix Auger Aliassime.

He dominated the Canadian with a 6-1, 6-1 victory, before facing Djokovic in the final. Despite giving his all, it wasn’t Alcaraz’s day on the clay at Roland-Garros, with Djokovic emerging victorious and denying the young star his third major achievement of the year, following his French Open and Wimbledon wins.

In an emotional display, Alcaraz was unable to complete his on-court interview with Alex Corretja post-defeat, as he struggled to articulate his thoughts through tears after narrowly missing out on Olympic glory. He received comfort from Corretja, who offered a consoling arm before giving Alcaraz some space to collect himself.

Speaking later, a forlorn Alcaraz managed to say: “I gave everything,” before acknowledging the superiority of his rival. He added: “It’s painful to lose the way I lost this match,” before lamenting missed opportunities: “I had my chances to probably be up in the match. I couldn’t take it. Novak was playing great. He deserves this. In the tough moments he increased his level.”

On his opponent’s performance, he commented: “He played unbelievable shots… an unbelievable game. I’m a bit disappointed but honestly I’ll leave the court with my head really really high. Fighting for Spain was everything to me. I’m proud with the way I played today.”