Padel prize money in 2023: who earned the most?

Padel’s top professionals saw their prize money climb to new heights in 2023, with standout performances on both the World Padel Tour and Premier Padel circuits. This article explores who earned the most, how the prize money was distributed, and what these figures reveal about the sport’s evolving financial landscape. Dive in to discover the key rankings and insights shaping the future of professional padel.

Video created by: @the4Set

Prize money distribution in professional padel: a detailed breakdown

The channel the4Set offers a comprehensive analysis of how much money top padel players earned in 2023, focusing on both World Padel Tour (WPT) and Premier Padel (PP) circuits. The review highlights the growing financial rewards in the sport, while also emphasizing that the figures discussed are gross earnings—before taxes, coaching, travel, and other expenses are deducted.

It’s important to note that these numbers only reflect tournament prize money. Sponsorships and off-court activities, which often make up a significant portion of a player’s income, are not included in this analysis.

World Padel Tour prize money: top earners and key figures

The 2023 WPT season saw a wide range of earnings among professional players. The4Set meticulously compiled official data, ranking the top performers by their prize money winnings. Here are some of the notable positions:

  • 17th: Fernando Belasteguín – €31,330
  • 16th: Coki Nieto – €35,253
  • 15th: Mike Yanguas – €41,570
  • 14th: Javi Garrido – €43,729
  • 13th: Sanyo Gutiérrez – €47,600
  • 12th: Gato Tello – €47,600
  • 11th: Alex Ruiz – €50,250
  • 10th: Jon Sanz – €53,500

As the list moves into the top 10, the earnings increase significantly. Notably, Paquito Navarro earned €55,600, with his biggest single prize coming from the WPT Master Final (MF), which awarded €18,700 to the winner. The top four positions were dominated by the sport’s leading pairs:

  • 3rd/4th (tied): Franco Stupaczuk & Martin Di Nenno – €129,700 each
  • 1st/2nd (tied): Arturo Coello & Agustín Tapia – €147,900 each

Winning a WPT Master event typically brought in €12,000, while the Master Final was the most lucrative single tournament on the circuit.

Premier Padel circuit: higher prizes and fewer events

The Premier Padel (PP) tour, while featuring fewer tournaments in 2023, offered significantly higher prize money per event. For example, a PP Major victory netted €47,250, and a PP P1 win was worth €25,000.

Here are some of the key PP earnings for 2023:

  • 18th: Javi Garrido – €20,800
  • 17th: Gato Tello – €29,000
  • 16th: Jon Sanz – €32,380
  • 14th/13th (tied): Mike Yanguas & Coki Nieto – €35,650 each
  • 12th: Momo González – €36,330
  • 11th: Alex Ruiz – €36,900

In the top 10, the numbers become even more impressive:

  • 10th: Sanyo Gutiérrez – €44,170
  • 9th: Fernando Belasteguín – €54,000
  • 8th/7th (tied): Juan Lebrón & Ale Galán – €64,400 each
  • 6th: Paquito Navarro – €76,000
  • 5th: Fede Chingotto – €79,200
  • 3rd/4th (tied): Franco Stupaczuk & Martin Di Nenno – €92,400 each
  • 1st/2nd (tied): Arturo Coello & Agustín Tapia – €164,500 each

Despite playing only six PP tournaments, Coello and Tapia managed to surpass their WPT earnings, underlining the financial impact of the new circuit.

Total 2023 earnings: the highest-paid padel players

Combining both WPT and PP prize money, the4Set presents the definitive ranking of the top-earning padel players in 2023:

  • 10th: Sanyo Gutiérrez – €91,400
  • 9th: Momo González – €94,600
  • 8th: Paquito Navarro – €131,500
  • 7th: Juan Lebrón – €136,800
  • 6th: Fede Chingotto – €142,600
  • 5th: Ale Galán – €154,000
  • 3rd/4th (tied): Franco Stupaczuk & Martin Di Nenno – €222,120 each
  • 1st/2nd (tied): Arturo Coello & Agustín Tapia – €312,380 each

This ranking clearly demonstrates the dominance of Coello and Tapia, who each earned over €312,000 in gross prize money during the season. Stupaczuk and Di Nenno also crossed the €220,000 mark, reflecting their consistent high-level performances.

Key takeaways and qualitative insights from the4Set analysis

  • Prize money is rising: Both WPT and PP circuits have increased their payouts, with Premier Padel offering especially high rewards for top finishes.
  • Gross earnings can be misleading: Players must deduct taxes, coaching, travel, and other professional expenses, which can significantly reduce their net income.
  • Sponsorships matter: The figures discussed do not include sponsorship deals, which often make up the majority of a top player’s total income.
  • Consistency is rewarded: Players like Stupaczuk and Di Nenno, who rarely lost before the semifinals, accumulated impressive totals through regular deep runs.
  • Injuries impact earnings: Juan Lebrón, for example, saw his income drop by more than half compared to the previous year due to injuries.
  • Professionalization is increasing: Higher prize money allows players to invest more in training, coaching, and support staff, raising the overall level of the sport.

The4Set concludes that, while the financial landscape of padel is improving rapidly, there is still a significant gap between gross prize money and what players actually take home. Nonetheless, the upward trend in earnings is a positive sign for the sport’s future and its professional athletes.

Article written by

Practica Padel Team

Practica Padel Team

Specialists in curating insights from padel coaches, professional players, and trusted reviewers. Our goal is to make expert knowledge easy to understand and accessible for every player.

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Frequently asked questions

How do World Padel Tour and Premier Padel prize money compare?

Premier Padel events offer significantly higher prize money per tournament compared to the World Padel Tour. For example, a PP Major win brought in €47,250, while a WPT Master event typically awarded €12,000. However, the WPT had more events, so total earnings could be similar for top players.

Who were the highest-earning padel players in 2023?

Arturo Coello and Agustín Tapia were the top earners in 2023, each taking home €312,380 in gross prize money from both WPT and Premier Padel circuits. Franco Stupaczuk and Martin Di Nenno also had strong seasons, each earning over €220,000.

Does prize money reflect a padel player's total income?

No, the prize money figures only include tournament winnings before taxes and expenses. Sponsorships and off-court deals, which are not included in these numbers, often make up a much larger portion of a top player's total income.

What factors can affect a player's total earnings in padel?

A player's total earnings depend on tournament performance, consistency, injuries, and the number of events played. Deep runs in tournaments and avoiding injuries are crucial. Additionally, off-court sponsorships and endorsements play a major role in overall income.

How does consistency impact padel prize money?

Consistency is highly rewarded in professional padel. Players like Stupaczuk and Di Nenno, who regularly reached the semifinals or better, accumulated impressive prize money totals through steady high-level performances across both circuits.

Are gross earnings the same as take-home pay for padel players?

No, gross earnings are the amounts won before taxes, coaching fees, travel, and other professional expenses are deducted. The actual take-home pay for players is significantly lower than the gross prize money reported.

Is the financial outlook for professional padel improving?

Yes, both WPT and Premier Padel have increased their prize money, and the sport is becoming more professionalized. This allows players to invest more in training and support, raising the overall level of competition and making professional padel a more viable career.