The tournament began in 1948 and is a favorite among players, having received the ATP 250 Tournament of the Year vote for 11 straight years starting in 2002. For 2022, the tournament’s prize money is €562,815, which translates to $632,637 and £483,730 as the event’s highest-ever purse. One of 39 ATP 250 tournaments, the Swedish Open, otherwise known as the Nordea Open, is held annually in the beautiful coastal town of Bastad, Sweden.