ATP is ready to help tennis players financially, starting in 2024, thanks to the Baseline program. Novak Djokovic and Coco Gauff received two different prize money at the Western & Southern Open in Cincinnati, with fans outraged by the gender gap between the two.
The Serbian champion got almost double the prize money compared to his young US colleague.The discussion of prize money and equity in the distribution of earnings in tennis is an issue that involves the major institutions, tennis players and sponsors.Precisely in this field, ATP is about to make great progress, allowing tennis players even beyond the Top-100 a minimum wage income.
These would be the highlights of the Baseline program, which will help tennis players. The new financial program which will start in 2024, is based on 3 key points:
1) Insured basic earnings
2) Accident protection
3) Investments for emerging players
The 1st point concerns a minimum income that will be guaranteed to the top 250 tennis players in the world.
In the event that the prize money for these falls below the guaranteed threshold, the ATP will intervene to cover the deficit. For the 2024 season, the tiers are: $300,000 (Top 100), $150,000 (101-175) and $75,000…