Game-Changer: Indian Wells Tournament Sets The Bar With $19 Million Prize Money

In a recent announcement, organizers revealed that the Indian Wells tournament in March will boast a record-breaking prize money pool of $19 million, making it the most lucrative among all combined WTA and ATP Masters 1000 events. This represents a significant increase of over $1.4 million from the previous year, with a focus on enhancing compensation for singles players participating in qualifying through the second rounds.

Steve Christian, the Chief Operating Officer of the BNP Paribas Open, the tournament’s official title, emphasized the continuous evaluation of every aspect of the event, ensuring a top-tier experience for both players and fans. The commitment to dedicating record prize money reflects their dedication to the participants of the BNP Paribas Open.

In addition to the increased prize money, the tournament is introducing a scheduling change by featuring its first-ever all quarter-final day on March 14. This means that all eight quarter-final matches will take place on the same day.

Situated in the Southern California desert near Palm Springs, the annual event is owned by billionaire Larry Ellison, who also owns the Indian Wells Tennis Garden. Recognized by players as the ATP Masters and WTA 1000 Tournament of the Year for an unprecedented ninth consecutive time, the 2023 edition drew in over 450,000 fans.

The defending champions, Carlos Alcaraz and Elena Rybakina, are set to showcase their skills at the tournament, scheduled to run from March 6 to 17 this year.