Money

Tennis players at the US Open make more money in 2 hours than most people do all year

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Here's how much players in the 2017 U.S. Open are making

The U.S. Open is currently underway in New York City. And, while it's fun to see the likes of Roger Federer, Venus Williams, Rafael Nadal, Maria Sharapova and others competing in one of the world's biggest tennis tournaments, think about this: In just two hours of play, they're making more money than the average American does in an entire year.

Here's the breakdown: The median household income in the United States, according to Census data, is $55,775.

Singles tennis players in the U.S. Open's main draw (meaning they're around the top 100 in the world, they received a wildcard directly into the event or they qualified by playing more matches) take home $50,000 — just for their first event.

Roger Federer playing at the U.S. Open
Tim Clayton - Corbis | Getty Images

That's up from $43,300 last year for both the men (ATP players) and women (WTA players). Doubles pays out less money.

Should a player advance beyond the first round at the Open, their paycheck for each successive round gets larger and larger:

Round of 64 players: $86,000

Round of 32: $144,000

Round of 16: $253,625

Quarterfinalist: $470,000

Semifinalist: $920,000

Runner-Up: $1,825,000

Winner: $3,700,000

Notably, those numbers don't take into consideration a player's various sponsors, appearance fees and other sources of income that make their time at the U.S. Open vastly more lucrative. For example, Federer is sponsored by Nike, Credit Suisse and Mercedes, among others, and is ranked No.4 on Forbes' 2017 list of the world's highest-paid athletes thanks to his many endorsements.

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This year's compensation at the Open is the most money ever offered to players competing at the tournament. "The total prize money for the 2017 US Open will be $50.4 million, making it the richest purse in tennis history, with a record $3.7 million going to the men's and women's champions," according to the tournament's official website. "The total purse has increased about $4 million from a year ago, or roughly 9 percent."

That's not to say that becoming a professional tennis player doesn't come without extreme costs, including training expenses, travel, coaching and more.

But if you're Federer or Williams, who have earned $107 million and $37 million, respectively, over the course of their careers and are both into the U.S. Open third round, life's probably pretty good financially.

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See also: The key success lesson Reddit co-founder Alexis Ohanian learned from fiancée Serena Williams

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This article has been updated.

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