Carlos Alcaraz forced to give up huge chunk of | Sports News

Carlos Alcaraz can be forced to hand over a sizable chunk of his prize money after etching his identify into the historical past books at Melbourne Park.

Alcaraz is barely the tenth male participant to win all 4 majors and simply the sixth within the Open Era, becoming a member of Rod Laver, Andre Agassi and Roger Federer, Nadal and Djokovic. His Serbian opponent was moreover hoping to pull off a once-unimaginable feat, however fell simply short of capturing his twenty fifth profession Grand Slam win — which might stand as probably the most of any man or lady.

Djokovic isn’t leaving Australia utterly empty-handed, nevertheless, as he earned $1.4 million AUD for his runner-up end. Alcaraz, in the meantime, will obtain $4.15 million AUD — a 19 p.c increase from final season — thereby bringing his profession earnings up to $62.8 million.

Unfortunately for Alcaraz, he received’t be taking home all of his winnings. As is par for the course, the Spaniard can be requested to pay back a portion of his prize purse in native taxes that aren’t administered by the ATP or WTA Tours.

Since the event was performed in Australia, the estimated tax price sits roughly round 32.5 p.c. Therefore, Alcaraz can be required to pay the native authorities round $1.349 million AUD solely in taxes — successfully leaving him with $2.8 million earlier than different bills.

Alcaraz, to his credit, hardly appeared involved in regards to the money he can be shedding whereas heaping reward on Djokovic and his group following Sunday’s ultimate. “First of all, I want to speak about Novak,” he started.

“What you are doing is truly inspiring—not just for tennis players, but for athletes around the world, and especially for me. The hard work you put in every day with your team is something I really admire. I enjoy watching you play so much, and it has been an honour to share the court with you. Thank you for everything you do, because it inspires me greatly.

“I also want to thank my team. People don’t know how hard we’ve worked to win this trophy. It’s been a bit of a rollercoaster, but you pushed me every day to do the right things. I’m very grateful to all of you — this trophy belongs to you as much as it does to me.

“I want to thank everyone who made this tournament possible,” Alcaraz continued. “It’s an incredible event for the players, and it’s always an honour to play here in Melbourne. And finally, thank you to the fans for pushing me through the tough moments during the matches. I can’t wait to come back next year. Thank you.”