ATP annual prize money increasing

The money just keeps increasing in men's tennis with the ATP Tour prize pool to exceed $US135 million by 2018.

Roger Federer after winning the 2014 Shanghai Rolex Masters

ATP chiefs say the overall prize money for the men's tennis tour will exceed $US100 million. (AAP)

ATP chiefs on Friday revealed overall prize money for the men's tennis tour will exceed $US100 million ($A108 million)for the first time in 2015.

Players on the World Tour will also see the prize money pool reach $US135 million ($A146 million) by 2018 as the ATP reaps the rewards of the sport's huge global appeal to sponsors and fans.

"The increases at ATP events are a testament to the sustained success of men's professional tennis, as well as demonstrating the ATP's confidence in the strength of its product and projected growth in future years," an ATP statement read.

The biggest increases come at the ATP World Tour Masters 1000 category -- the events regarded as second only to the four Grand Slams in terms of prestige, with tournaments providing annual increases of 11 percent, and with the ATP contributing a further 3 per cent increase, resulting in a 14 per cent annual increase in that category through to 2018.

Player compensation at the less glamourous ATP World Tour 250 events is set to increase at an average of 3.5 per cent, per year during the same period.


Share

2 min read

Published

Updated


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world