Kyle Edmund has pocketed a remarkable £506,000 for his run to the Australian Open semi-finals, and that fee could yet rise significantly.
The British No. 2 had *only* earned £1.5million in his career to date, but has added a massive wad of cash to his bank account after his win over Grigor Dimitrov in Melbourne. Ranked at 49th in the world, Edmund upset the odds to down the world No. 3 in four sets to advance to this first semi-final of a major, having only won one match at Melbourne Park prior to this year.
Prize money Semi-finalist: £506,000 Finalist: £1,150,000 Winner: £2,230,000 Points (and roughly estimated ranking) Semi-finalist: 720 (No. 26) Finalist: 1,200 (No. 19) Winner: 2,000 (No. 11)
In doing so, he will have a shot at either world No. 1 Rafael Nadal or sixth seed Marin Cilic in the semi-finals, with the winner securing a spot in the first major final of 2018.
A run to the final will see him take home more than £1million, while the title would see him more than double his previous career earnings.
Though it’s nice to have an extra bit of cash in his wallet, from a professional perspective, Edmund’s run is incredibly valuable.
The Brit has climbed into the top-30 already by reaching the semi-finals, a ranking that would see him be seeded at the next Grand Slam at Roland Garros should he stay there.
If he was to reach the final, he would overtake Andy Murray as British No. 1 and climb into the top-20. And if he somehow wins the entire event, he would climb to the outskirts of the ATP top-10, which would be a remarkable achievement.
He’s done incredibly well thus far, but there’s still plenty to play for…