Novak Djokovic's PTPA Claims Tennis Tours Unfairly Limit Player Pay
- Some top tennis players are suing the sport's governing bodies for allegedly running a cartel that caps prize money, limits off-court earnings and restricts competition from rival tournaments.
Novak Djokovic's Professional Tennis Players Association (PTPA) has criticized the ATP and WTA tours for unfairly limiting player earnings through their control over prize money distribution. The PTPA argues that the tours' policies, which include a 50-50 revenue split between men's and women's events, do not adequately reflect the contributions of players to the sport's revenue. They claim that players receive only about 18% of the total revenue, significantly less than in other major sports leagues like the NBA or NFL. The PTPA is pushing for a more equitable distribution of revenue, suggesting that players should receive around 50% of the sport's income, similar to other professional sports. This critique comes amidst ongoing discussions about the financial structure of tennis, with the tours defending their model by highlighting the complexities of managing a global sport with numerous stakeholders.
Read the Full Bloomberg Article at:
[ https://www.msn.com/en-us/sports/tennis/novak-djokovic-s-ptpa-claims-tennis-tours-unfairly-limit-player-pay/ar-AA1BagqQ ]
Read the Full Bloomberg Article at:
[ https://www.msn.com/en-us/sports/tennis/novak-djokovic-s-ptpa-claims-tennis-tours-unfairly-limit-player-pay/ar-AA1BagqQ ]