Daniil Medvedev Explains the Financial Challenges That a Tennis Player Experiences

Published 12/14/2021, 8:07 AM EST
Tennis – ATP Tour Finals – Turin, Italy – November 14, 2021 Russia’s Daniil Medvedev reacts during his group stage match against Poland’s Hubert Hurkacz REUTERS/Guglielmo Mangiapane


Tennis is often criticized for being an elite sport, which has an entry barrier in terms of the finances required to play it. One of the best players on the men’s tour at the moment, World No. 2 Daniil Medvedev recently talked about the finances that are involved in maintaining an elite level tennis team. Medvedev won his first Grand Slam championship in September 2021, defeating Novak Djokovic.

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He admitted that there are significant costs, such as trainer, physio, and coach’s fees.

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Daniil Medvedev talks about the money side of professional tennis

Daniil Medvedev registered a resounding victory at the US Open 2021 by beating the 20-time Grand Slam champion, Novak Djokovic. Along with the famous trophy, the Russian received huge prize money of $2.5 million.

Sep 12, 2021; Flushing, NY, USA; Daniil Medvedev of Russia celebrates with the championship trophy after his match against Novak Djokovic of Serbia (not pictured) in the men’s singles final on day fourteen of the 2021 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Danielle Parhizkaran-USA TODAY Sports

Daniil Medvedev started by saying, “To be completely honest, in a month you can make up to $ 3 million. When, for example, you win a Grand Slam tournament. And some months you don’t even make 50,000. And the expenses are fixed.”

Moreover, the Russian talked about the expenses a tennis player needs to take care of. “A certain amount of money is spent to maintain the team. There is a trainer, a physical trainer, sometimes doctors and physiotherapists. Apart from that, each has a fixed salary and a percentage based on performance. Theoretically, you can travel without a team or coach, but then you will not get any results,” he said.

Daniil makes an important point about the income of a tennis player being hugely affected by performances. Consequently, it’s not difficult to imagine athletes struggling with results to have financial problems as well.

Watch this story: The Journey of Roger Federer to the Elite Billionaire’s Club

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Medvedev to lead Team Russia at ATP Cup 2022

Daniil Medvedev will be leading the Russian team at ATP Cup 2022, along with Andrey Rublev. The duo graciously lifted the Davis Cup 2021 for their country, beating Team Croatia in the finals.

Tennis – Davis Cup Finals – Madrid Arena, Madrid, Spain – December 5, 2021 Russian Tennis Federation team celebrates with trophy on the podium winning the Davis Cup REUTERS/Sergio Perez

Daniil Medvedev has had the best season of his professional career in 2021. He’ll be surely aiming to continue his dream form in the upcoming years as well.

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DIVE DEEPER

SPECTACULAR! Daniil Medvedev Becomes First Player Outside Roger Federer, Rafael Nadal, Novak Djokovic and Andy Murray To Achieve an Incredible Feat

about 1 month ago

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Atri Bhatt

492 articles

Atri Bhatt is a Tennis author at EssentiallySports. He is pursuing his Master's degree in Sports Management from Deakin University, Australia. In addition to critically analysing the game, he also plays tennis professionally.

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