Wednesday, January 7, 2015

Tennis Income Inequality

Tennis is one of the most popular sports worldwide and many of the players are starting to struggle to make an honest living. According to fivethirtyeight, fewer than 1,000 players actually break even throughout the season. From those 1,000, 589 actually made money from their prizes. Now just because not all of the players are making money from tournaments, they do make money in sponsorships. Regardless of the the sponsorships, many of the smaller, ITF or Challenger tournaments are not keeping up with todays rate of inflation. On the other hand, you have the ATP and WTA tournaments far exceeding the rate of inflation. With this, a large gap in income between players is becoming outrageous and if things don't change soon, fewer players will join the tour and many of these smaller tournaments will disband.

No comments:

Post a Comment