The wait for Canadian fans is finally over; the crème de la crème of tennis has arrived in Toronto. This year’s National Bank Open, presented by Rogers, promises to be electrifying, with top names like Jessica Pegula, Ons Jabeur, and Naomi Osaka gracing the courts. With a $2,788,468 prize fund, defending champion Pegula, who defeated Liudmila Samsonova in Montreal to win the title last year, will have an even bigger task ahead of her.

As the first WTA 1000 event of the North American summer hard-court swing, the tournament will feature twelve of the world’s top 20 players, marking its 55th edition with unparalleled excitement. While the tournament is set, let’s take a look at the prize money breakdown, the winner’s payout, and the event schedule in Toronto.

Prize money breakdown for the Toronto Open

Apart from Wimbledon and the US Open, the Rogers Cup is still one of the oldest competitions in existence, having begun in 1881. The prize money for the women’s competition will rise by a meager 3% in 2024 to $2,788,468. The winner of the singles competition will pocket $454,500, while the runner-up will earn $267,690, an increase of 11% over the previous year.

The doubles winners will take home $133,840, adding to the increased interest in the competition. The singles prize money breakdown is as follows: $14,800 goes to first-round competitors, $20,650 goes to second-round players, and $36,454 goes to those who advance to the Round of 16. Semifinalists will get $158,944, while quarterfinalists will get $72,965.

The winner of the WTA event will take home $312,740, while the runner-up will take home $267,690. On the other hand, player profits at the Toronto Open are subject to a 33% tax rate by the Canadian government. In addition, approximately 80% of the prize money at the event is given to singles competitions, with the remaining 20% going to doubles tournaments.

Who will all be seen playing at the big event? 

Players like Coco Gauff, Aryna Sabalenka, Jessica Pegula, Jelena Ostapenko, Daria Kasatkina, Liudmila Samsonova, Madison Keys, and Emma Navarro are among the elite field of competitors in Toronto. The excitement is increased by wild cards Marina Stakusic, Bianca Andreescu, Rebecca Marino, and Naomi Osaka.

Pegula, Andreescu, and Elina Svitolina are the previous champions in the draw. Further, Grand Slam winners like Sofia Kenin, Sloane Stephens, and Victoria Azarenka enter the race. Elena Rybakina, Danielle Collins, Marketa Vondrousova, Barbora Krejcikova, Jasmine Paolini, Iga Swiatek, and Zheng Qinwen are among the notable withdrawals.

How many points are at stake? 

In the first round, women’s tennis players are still given fewer ranking points; they only receive one point for losing their opening match. But as the tournament progresses, the scoring system makes up for it. Moreover, 60 points are awarded for making it to the second round, 105 points for making it to the third round, and 190 points for making it to the quarterfinals.

In Canada, the tradition of alternating between Toronto and Montreal for the men’s and women’s draws continues to create thrilling tennis events each year. Jessica Pegula won in Toronto, and Jannik Sinner won in Montreal the previous year. The women’s draw is once again hosted in Toronto, which is adding to the excitement as the event of the year draws near.

As elite players compete for the crown, fans can expect an exciting event that will continue this legendary legacy and build on the momentum of last year’s incredible performances.