Novak Djokovic will approve as prize money for 2023 Shanghai Masters is revealed

Total prize money for the 2023 Rolex Shanghai Masters is US$8,800,000, with the singles champion set to earn US$1,262,220 while a player bowing out in the first round will earn US$18,660.

Payouts to hit combined record $217.9 million across ATP Tour and ATP Challenger Tour in 2023

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