Oliver Tarvet is a surprise name in the second round at Wimbledon – but the Brit will have to sacrifice the lion’s share of his prize money from his exploits in SW19.
The World No. 733 shocked many by coming through qualifying to reach the first round of Wimbledon for the first time in his career.
But the 21-year-old did not stop there, punching his ticket into the second round of the competition with a straight-sets victory over Leandro Riedi.
And a mouthwatering clash against the defending champion Carlos Alcaraz awaits in the second round on Wednesday.
By reaching this stage of the competition, Tarvet has already secured himself £99,000 in prize money, but an unfortunate rule means he will be unable to claim the lion’s share of those winnings.
The rule that means Oliver Tarvet can’t collect all of his Wimbeldon earnings
While Tavet can earn money through sponsorship, his ability to collect prize money is severly limited due to his status as a college athlete.
Currently attending the University of San Diego, Tarvet is only allowed to collect up to $10,000 (£7,300) per year from any prize money.
The Brit can, in theory, collect the remaining £91,800 but all of the money must be used on expenses which might prove rather difficult.
‘By December, I need to show that, like, profit or prize money minus expenses equals less than $10,000,’ Tarvet explained after his first-round win on Monday.
‘I don’t know how much I made. I think I made, like, it’s £99,000 or £100,000. Obviously, that’s before tax.
‘I’ve got to find £60,000, £70,000 of expenses, which tennis is an expensive sport. So, hopefully, I can make that happen.
‘Asked how he would spend the cash, Tarvet joked: ‘Just pay my coaches a little bit extra. I don’t know. We’ll figure something out. Fly business class.’
How much do players get paid at Wimbledon?
The entire prize money fund for Wimbledon 2025 is £53.5 million – which is £3.5m more than last year’s total of £50m.
First-round prize money for the singles competition is set at £66,000 – which then increases to £99,000 for the second round.
The third-round prize money is £152,000 and the fourth-round prize money stands at £240,000 for 2025.
The quarter-finalists and semi-finalists will earn £400,000 and £775,000 respectively.
Wimbledon singles prize money round-by-round
Champion – £3m
Runner-up – £1.52m
Semi-finalist – £775k
Quarter-finalist – £400k
Fourth round – £240k
Third round – £152k
Second round – £99k
First round – £66k
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