Davis Cup prize money: How much will winners of 2023 Finals event get?

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Novak Djokovic Davis Cup 9152023
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As well as international bragging rights, players and teams are handsomely rewarded for their participation in the Davis Cup.

Canada won the tournament in 2022 but will have to settle for a lesser financial prize this time after being knocked out by Finland in the quarterfinals of the 2023 edition.

Novak Djokovic also helped Serbia oust Great Britain on their way to a semifinal meeting with Italy in Malaga, extending his unbeaten personal Davis Cup run to 21 matches by defeating Cameron Norrie. That streak was ended by Jannik Sinner in the semis.

"Playing for your country is always the greatest pressure and motivation," Djokovic said afterwards. "After a long season, we can feel it in the legs."

How much do participants earn for their exertions? The Sporting News has the details on this year's Davis Cup prize fund and a breakdown of who wins how much.

MORE: Catch up with the latest Davis Cup 2023 results

What is the total prize money for the Davis Cup 2023?

The total prize money for 2023 is a little more than $6.5 million (around £5.2m), according to multiple reports.

The riches on offer are a far cry from the origins of the tournament in 1900, when the players involved set up a contest between the USA and Great Britain and one of them, Dwight Davis, ordered the trophy and paid for it with his own money.

How much does the 2023 Davis Cup winner get?

The winners of the trophy earn $2.1m (£1.7m), over  $500,000 (£397,000) more than the team they beat in the final, and almost $1.5m (£1.2m) more than teams knocked out during the group stage.

Davis Cup Canada 2022
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Davis Cup prize money breakdown 2023

Here's a breakdown of the reported prize money for the Davis Cup 2023 from the group stages to the finalists and champions.

The potential prize money is significantly less than players stand to rake in for reaching the latter stages of the singles competitions at grand slam tournaments, but the Davis Cup clearly means much more than mere monetary gain for the stars involved.

"I'm grateful to once again be in the national team," said Djokovic, calling the tournament one of his "greatest goals" of the season.

"Davis Cup has historically been the most important team competition for nations in tennis, at over 100 years old. It is the most important one to win for any tennis nation."

Stage Prize money
Winner $2.1m (£1.7m)
Runner Up $1.5m (£1.2m)
Semifinal $1.3m (£1m)
Quarterfinal $1.1m (£873,000)
Group Stages $514,000 (£408,000)

Davis Cup 2023 teams

Canada

Felix Auger-Aliassime
Gabriel Diallo
Alexis Galarneau
Vasek Pospisil
Milos Raonic
Captain: Frank Dancevic

Finland

Emil Ruusuvuori
Otto Virtanen
Patrick Kaukovalta
Harri Heliovaara
Patrik Niklas-Salminen
Captain: Jarkko Nieminen

Czech Republic

Jiri Lehecka
Tomas Machac
Jakub Mensik
Adam Pavlasek
Captain: Jaroslav Navratil

Australia

Alex de Minaur
Max Purcell
Jordan Thompson
Thanasi Kokkinakis
Matthew Ebden
Captain: Lleyton Hewitt

Italy

Jannik Sinner
Lorenzo Musetti
Matteo Arnaldi
Lorenzo Sonego
Simone Bolelli
Captain: Filippo Volandri

Netherlands

Tallon Griekspoor
Botic van de Zandschulp
Gijs Brouwer
Wesley Koolhof
Captain: Paul Haarhuis

Serbia

Novak Djokovic
Laslo Djere
Dusan Lajovic
Miomir Kecmanovic
Hamad Medjedovic
Captain: Viktor Troicki

Great Britain

Cameron Norrie
Joe Salisbury*
Liam Broady**
Jack Draper
Neal Skupski
Captain: Leon Smith
*Replaced Dan Evans due to injury
**Replaced Andy Murray due to injury

How to watch Davis Cup: Broadcasters on TV and live stream

Region Broadcaster
Spain Movistar
USA Tennis Channel
Great Britain BBC
Australia Nine Network, beIN Sports
Canada Sportsnet, TVA and CBC
India Sony
International Tennis Channel

If your nation is not mentioned, please click here

Author(s)
Ben Miller Photo

Ben Miller is a content producer for The Sporting News.