ATP’s $1.3 Million Income Assurance for Players in 2024

In 2024, the ATP men’s tennis tour launched an initiative to provide financial stability to its players through a novel program named Baseline, distributing $1.3 million across 26 players.

The ATP’s Baseline program is designed to ensure a minimum annual income for players ranked in the top 250 globally. This initiative emerges in response to the financial challenges faced by players whose earnings are often unpredictable due to the nature of competitive sports.

In its first year, Baseline allocated funds across three categories to support players: minimum income guarantees, injury protection, and newcomer investment. Seventeen players benefited from income guarantees, which supplement their earnings if they fall short of specific prize money thresholds. This safety net offers financial certainty to players who might otherwise be at risk due to inconsistent performance or other setbacks.

Three players received financial aid under injury protection, which compensates those unable to compete due to health issues. Additionally, seven newcomers in the top 125 rankings received investment to help them transition and establish their presence on the tour. Notably, one player benefited from both the minimum guarantee and income protection, illustrating the program’s flexibility.

According to Bernabé Zapata Miralles, a recipient of the minimum guarantee, the program provides essential support. He stated, “As a professional tennis player, you’re focused on results. Relying on your performance to succeed can be difficult, especially when dealing with setbacks like injuries. We now have the comfort we need to improve, without the pressure of financial uncertainty.”

The income benchmarks set by the ATP are tiered: $300,000 for the top 100 players, $150,000 for those ranked 101 to 175, and $75,000 for players from 176 to 250. These amounts are scheduled to increase next season, signaling ongoing growth in support. For reference, Jannik Sinner, who was the year-end No. 1, earned $16.9 million in 2024, while No. 100 Federico Coria and No. 250 Abdullah Shelbayh earned approximately $590,000 and $205,000, respectively.

Andrea Gaudenzi, ATP Chairman, emphasized the importance of such financial initiatives, noting, “We’re giving players the financial support they need to overcome challenges and build a sustainable career.” The program requires players to sign up and actively participate, with over 100 players enrolling in its inaugural year.

The ATP’s Baseline program marks a significant step in providing financial security for tennis players, addressing income volatility in the sport. With an eye on expansion and continued support, it reflects a commitment to sustaining players’ careers amidst the challenges of professional tennis.

Source: Local10

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