Novak Djokovic, with a record 24 Grand Slam singles titles, has long been considered tennis' greatest of all time. However, despite his impressive achievements, he never surpassed Roger Federer as the sport's highest-paid player until Federer's retirement in 2022. Djokovic's reign as the top earner was short-lived, lasting only a year. Now, 21-year-old Carlos Alcaraz has dethroned him, taking the No. 1 spot with an estimated $42.3 million in combined on-court and off-court earnings over the past 12 months, starting from the 2023 U.S. Open. 2024 marks a new era in tennis, with Alcaraz emerging as the sport's highest-paid player at just 21 years old.
Carlos Alcaraz is the highest-paid tennis player in 2024, according to Forbes.
10 Highest-Paid Tennis Players in the World (2024) as per Total Earnings
The top 10 highest-paid tennis players collectively earned an estimated $246 million over the past 12 months, a significant increase of 26% from the previous year's total of $196 million. Although this figure falls short of the record $343 million set in 2020, when Roger Federer and Serena Williams alone contributed $142 million, it still represents a substantial rise in earnings for the sport's leading players.
Here is the Full List of the 10 highest-paid tennis players in the world in 2024:
| Rank | Player | Age | Nationality | Total Earnings | On-Court | Off-Court Earnings |
| 1 | Carlos Alcaraz | 21 | Spain | $42.3 Million | $ 10.3 Million | $32 Million |
| 2 | Novak Djokovic | 37 | Serbia | $37.2 Million | $$12.2 Million | $25 Million |
| 3 | Coco Gauff | 20 | U.S. | $27.1 Million | $7.1 Million | $20 Million |
| 4 | Iga Swiatek | 23 | Poland | $26.7 Million | $11.7 Million | $15 Million |
| 5 | Jannik Sinner | 23 | Italy | $26.6 Million | $11.6 Million | $15 Million |
| 6 | Rafael Nadal | 38 | Spain | $23.3 Million | $0.3 Million | $23 Million |
| 7 | Daniil Medvedev | 28 | Russia | $20.3 Million | $7.3 Million | $13 Million |
| 8 | Naomi Osaka | 26 | Japan | $14.6 Million | $0.6 Million | $14 Million |
| 9 | Casper Ruud | 25 | Norway | $13.9 Million | $3.9 Million | $10 Million |
| 10 | Aryna Sabalenka | 26 | Belarus | $13.7 Million | $6.7 Million | $7 Million |
No one is yet approaching the financial stratosphere of Federer, who was the sport’s top earner from 2007 until his retirement and was still collecting an estimated $90 million annually when he hung up his racket. But Alcaraz’s $42.3 million is the best total by a player not named Federer, Djokovic, Naomi Osaka or Nadal in the 17 years
Also Check - List of Richest Tennis Players in the World
Who is the Highest-Paid Tennis Players around the world in 2024
Below, you will find the complete roster of the top ten highest-paid tennis players in the world for the year 2024:
1. Carlos Alcaraz
Earnings: $342.3 Million
AGE: 21 | NATIONALITY: Spain | ON-COURT: $10.3 Mil | OFF-COURT: $32 Mil
Novak Djokovic solidified his tennis legacy in 2023, becoming the year-end No. 1 player for a record eighth time and the oldest No. 1 in ATP Tour history. He extended his record for most weeks at No. 1 to 428 and completed his impressive resume by winning an Olympic gold medal in Paris, earning a $218,000 bonus from Serbia. Currently ranked No. 2, Djokovic maintains a lucrative endorsement portfolio with top brands like Asics, Head, and Hublot. He recently launched a product line with Waterdrop and co-founded the Professional Tennis Players Association, securing airport lounge access for members. A museum in his honour is even considered in Belgrade, a testament to his enduring impact on the sport.
2. Novak Djokovic
Earnings: $38.4 million
AGE: 37 | NATIONALITY: Serbia | ON-COURT: $12.2 Mil | OFF-COURT: $25 Mil
Novak Djokovic secured his fourth US Open title and his 24th Grand Slam singles crown by triumphing over Daniil Medvedev in straight sets, thereby equating Margaret Court's record for the most Grand Slam victories in history. Despite losing his top ATP Tour ranking to Carlos Alcaraz in a thrilling five-set Wimbledon match in July, the 36-year-old Serbian reclaimed his form by emerging victorious in the Western & Southern Open final in August 2023. Djokovic has augmented his endorsement portfolio with Waterdrop beverages since January and has amassed career pre-tax earnings surpassing $510 million, according to Forbes estimates, with an ATP-best prize money tally of $172 million. His victory at the US Open alone earned him $3,000,000..
3. Coco Gauff
AGE: 20 | NATIONALITY: United States | ON-COURT: $7.1 Mil | OFF-COURT: $20 Mil
Coco Gauff's remarkable rise to tennis stardom, marked by her singles title at the 2023 U.S. Open and doubles victory at the French Open, has made her a highly sought-after endorsement prospect. With a steady off-court strategy, Gauff has amassed 11 long-term partnerships, including recent additions Carol's Daughter, Naked Brand Juices, and Fanatics. She collaborated with American Eagle on a fashion collection and served as Team USA's flag-bearer at the Paris Olympics alongside LeBron James. Gauff's growing brand will soon be featured on a limited-edition Wheaties box, solidifying her position as one of the sport's highest-paid stars, ranking third in women's singles and 15th in doubles.
Methodology
The list is based on a report by Forbes that ranks the highest-paid tennis players in the world. The earnings figures listed comprise on-court prize money and Olympic bonuses collected over the past 12 months, starting from the 2023 U.S. Open, rounded to the nearest $100,000. Off-court earnings estimates, rounded to the nearest $1 million, are based on insights from industry experts and include income from endorsements, appearances, licensing, memorabilia, and business ventures in which the athlete has a significant stake. This list features athletes who were active during the specified 12-month period.
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