Whopping $47 Million Tennis Plan’s True Motive Revealed by ATP Top Dog With a Gripping Example

Published 12/14/2023, 4:35 AM EST

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via Reuters

The ATP is ready to bring a change to the sport! This time the change is for the benefit of the players, a change that might help players see a future in tennis. Even after having so many tournaments in a year, somewhere or another, there is a huge financial issue that stops a player from giving his best and achieving his ultimate goal as a tennis player.

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But now that the baseline initiative is ready to take place, things are about to change. Recently, ATP Chairman Andrea Gaudenzi opened up about the new initiative and shared how it can be a transformative shift, carrying a threshold of around $46.87 million.

ATP Chairman sheds light’ on the baseline initiative 

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It all started a few months ago, ATP came forward and shared an initiative that will help players with their basic finances that are needed in the early stages of their career. But now that the initiative is ready to be a part of the 2024 tennis season, the Italian former tennis player shared his thoughts on how the financial security system will work to benefit the newcomers in the sport, as well as the other players struggling with the same.

He stated, “So what we try to achieve with baseline, it gives some sort of baseline guarantee for the players. In years, whether, for example, they have either poor performance or they have injuries, and also provide a bit of help, a boost to younger players the newcomers who probably don’t have the financial means to actually enter the tour.” 

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In addition, he underlined that having been a player himself, he is aware of how one of the largest obstacles in the early stages of a career is associated with expenses. He went on to say that other worries might have to do with hiring a coach or a physical trainer or even with the cost of travel.

With the ATP chairman’s explanation, the ATP tour’s official page also shared the plans that are part of the baseline initiative and how they will change the financial game in the sport.

ATP Tour’s Baseline Plans’ revealed 

The initiative will provide funding to up-and-rising players once they break into the top 125 rankings. In addition, it will guarantee minimum earnings for players according to their rankings; the top 100 players are set to receive $300,000, whereas players ranked 101–175 will get roughly $150,000, and the final 250 players will acquire $75,000.

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While this will help players plan their season and invest as per their game, it will also help them during their recovery period and give them proper recovery protection. Subsequently, it also has a newcomer investment plan in which the new player breaking into the top 125 will receive $200,000 so that they have a chance of giving their best.

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Although this initiative was announced around 4 months ago, the different plans that are giving tennis players support can turn out to be a game changer in the financial arena of tennis. Moreover, what are your thoughts on the baseline initiative? Do let us know in the comment section below.

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Written by:

Pratishtha Prakash

2,126Articles

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Watching the biggest sports events have been a part of my life right from my early childhood. Although I have grown up watching a variety of sports, including tennis, cricket, and esports, I have a special connection to tennis. Thus, when it came to building a career in sports journalism, I focused on the racket sport.
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Edited by:

Ananya Giri

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