the serbian Novak Djokovic he pocketed one million dollars as the Cincinnati Masters 1000 ATP champion, tying his historic leadership in earnings on the men’s professional circuit: 172 million dollars, 7.5 added this season.
For a long time, and especially during the pandemic when the competition was strictly closed for months, Djokovic was one of those who asked for extra help for tennis players who are not part of the great elite of this sport .
‘Nole’ is one of the founders of the Professional Tennis Players Association (PTPA), which was officially born in August 2020 as an alternative to the ATP Players Council, which they support. Rafael Nadal and Roger Federer, who from that platform also requested more financial resources for racket professionals.
The Association of Professional Tennis Players (ATP), which governs the circuit, has announced the creation of an insurance that will ensure that tennis players classified in the top-250 of the world ranking have a minimum annual monetary income. A type of guaranteed salary, when injury is involved. There will also be funding to promote economic resources to young figures entering the professional world.
The program, called ‘Baseline’ (bottom line), will operate from 2024 with a trial period of at least three seasons.
The guaranteed minimum income per year isby 2024, 300,000 dollars (top-100), 150,000 (position 101 to 175 in the ranking) and 75,000 (from 176 to 250).
There will be a game of protection against a damagereserved for tennis players playing less than nine ATP Tour or ATP Challenger events due to injury: $200,000 (top-100), $100,000 (101 to 175 in ranking) and $50,000 (176 to 250).
The third section announced by ATP refers to ‘New Investment’ (Investment for ‘starters’). Set for “rising stars”, who will have $200,000 at their disposal if they break into the top-125 of the world rankings. An advance for the next campaign, to be paid back according to their ATP Tour earnings.
According to ATP estimates, “between 30 and 45 players” will receive this financial support annually. His approval depends on the ranking, his career earnings and the number of tournaments played. The system will be reviewed between 2024 and 2026.
Source: La Verdad
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