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SportsBuzz24 > Tennis > ATP’s profit sharing plan adds $18.3 million in 2024
Tennis

ATP’s profit sharing plan adds $18.3 million in 2024

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ATP's profit sharing plan adds $18.3 million in 2024
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London – Under the profit sharing plan introduced in 2022, an additional $18.3 million prize money will be paid to players by the ATP Men’s Tennis Tour, based on performances in nine Masters 1000 tournaments last year.

The ATP said Thursday that the amount will increase from the $6.6 million profit sharing bonus from the 2023 Masters event.

By adding profit sharing amounts, the overall compensation for ATP players in 2024 rose to a record $261 million, the Tour said.

Expanded Masters Tour Stops – Men and women played in the same event, attracting criticism from players for being too long with bigger draws and longer tournament schedules.

All of these backgrounds are demands from some athletes to do more money and more in sports.

The Professional Tennis Players’ Association, a group co-founded by Novak Jjokovic, called it a “cartel” to ATP, WTA Women’s Tour, International Tennis Federation and International Tennis Integrity Agency in March.

TAGGED:addsATP's profit sharing plan adds $18.3 million in 2024ATPsmillionplanprofitsharingTennis
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