Novak Djokovic career earnings is more than he needs

• Djokovic has amassed over £143 million (182,891,995 in current rate exchange) in prize money
• He won three of four Grand Slams this year bringing his major wins to 24 Grand Slams
• He is not economical in spending some of this money to help struggling tennis players

World No.1 tennis star Novak Djokovic career earnings have made him a lot of money that he admits that it is more than he needs and he is gearing up to help struggling tennis players.

Djokovic cemented his fame as the greatest tennis star of all time following his successful 2023 season. He won three of four Grand Slams this year bringing his major wins to 24 Grand Slams.

Novak Djokovic Career Earnings

Thanks to his on-court accomplishments over the years, Djokovic has amassed over £143 million (182,891,995 in current rate exchange) in prize money over the course of his long career.

This is according to the official ATP Tour website. With his huge fortune, he says that he has more money than he ever imagined and he is focused on helping struggling tennis players.

The 36-year-old has been helping upcoming Serbian tennis player Hamad Medjedovic in recent years by providing financial support for lodging, transportation, and physiotherapy.

John Wertheim questioned Djokovic in an interview for 60 Minutes that aired on CBS on Sunday night.

Novak Djokovic. Photo/The New York Times

When asked why he gives other players financial support, the seasoned player said that he is more than blessed and has a lot more than he needs.

He chose to support Medjedovic climb the tennis ladder and he views this a great way to spend his money.

“I have plenty, you know? I have much more than I need. But, women and men who are around 200 and lower ranked in that world, they are struggling a lot. They can’t afford a coach. They can’t afford travels. They skip tournaments. Many of them leave tennis who are super talented and maybe capable of reaching great heights and successes. But they just can’t make it,” he explained.

Medjedovic, 20, won the Next Gen ATP Finals trophy in December 2023, demonstrating that Djokovic’s encouragement of him has certainly paid off.

His father Eldin told Sportal that Djokovic is a strong pillar in his son’s career. He recalls having a conversation with the Serbian star for the second time and he flatly told him that he couldn’t afford to sponsor his son’s tennis career.

“Novak was presenting me with ideas, what to do with Hamad’s game, and I remember telling him, ‘Nole, I am sorry, but the things you are talking about cost a lot of money.’

Hamad Medjedovic. Photo/Next Gen ATP Rivals

Do Low Ranking Tennis Players Struggle?

Lower-ranked players always beat a gruelling battle to make it in tennis. One of the strongest enemies for them is financial instability.

They barely get travel and lodging expenses compensated by prize money at lesser events, much alone equipment and coaching costs.

Many rely on sponsorships, which diminish rapidly in the absence of steady victories. This financial strain frequently leads athletes to work several jobs, which impedes their training and increases their risk of burnout.

It takes an equally heavy mental toll. It can be debilitating to always feel under pressure to succeed and to worry about being hurt or having a career-ending setback.

Every game becomes a struggle against loneliness and self-doubt due to the potential for more confidence erosion caused by media attention and lack of recognition.

The competitive environment is harsh. In the qualifying rounds, lower-ranked athletes compete against seasoned veterans and up-and-coming talent, frequently lacking access to elite facilities or coaches.

They could feel like they’re never quite at the top tier and are always playing catch-up as a result of this uphill climb.

Nevertheless, despite these difficulties, the love for the game is evident. Low-ranking tennis players are motivated by the desire to make a splash and eventually compete at a Grand Slam event.

Driven by a ferocious determination and an everlasting enthusiasm for the sport, they push themselves to the edge every day.