ATP Announces $1,075,000 Ground-Breaking Move for Lower-Ranked Players as 2024 Season Set to Kick off on the Right Note

Tennis has always been considered an expensive sport to pursue. As a result, many promising players are left without even the basic facilities. Take the example of the Williams sisters, Serena and Venus Williams. Early on in their careers, the two had to train at the public tennis courts that had very limited facilities. Despite this, they overcame all odds to rule on the tennis court. Recently, the ATP announced a wonderful initiative for the betterment of the sport.

More often than not, players at the bottom of the ATP rankings chart have struggled to travel across the globe for tournaments due to limited financial resources available. However, this is set to change in the future following the association’s latest announcement.

ATP announces measures to safeguard players’ financial security

Earlier this week, the men’s tennis association unveiled a transformative security program amounting to $1,075,000 each year that’ll ensure players have financial security, with costs of traveling and staying on the rise. It is a historic move by the ATP, as it marks the first time such an initiative has been announced. The program will be launched in 2024 as a three-year trial.

The program, named Baseline, comprises three pillars that will ensure players make a sustainable living from tennis. The first pillar ensures the Top 250-ranked singles players get minimum income each year.

Further, the second layer is about providing support to injured players who play fewer than nine ATP Tour and Challenger Tour events in a year. Lastly, the third and final pillar provides a financial boost to upcoming players as they make it to the big stage. The ATP, which is known to introduce measures for the betterment of the players, had announced a good initiative in the past as well.

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When the men’s tennis association announced a productive plan

During the Covid-19 pandemic, the ATP announced a productive plan to support the players’ mental health and well-being amidst difficult times. Speaking on this, the ATP chairman said, “We have a duty of care to our players and this is an excellent opportunity for them to think long-term beyond their playing careers.”

With the financial initiative to be introduced next season, players will look to make the most of this opportunity. Nonetheless, it is a major boost to the players ahead of the US Open, the final major tournament of the year.