LONDON (AP) — The ATP men's tennis tour introduced a new financial program in 2024 called Baseline, which aimed to provide minimum annual incomes for players ranked in the top 250. A total of 26 players benefited from this initiative, receiving a combined payout of $1.3 million.
Players were allocated funds in three distinct categories, with 17 individuals receiving payments as part of minimum guarantees. These guarantees ensure that players earn a specified amount if they do not reach certain thresholds in singles prize money. Additionally, three players received financial support through injury protection, which assists those whose tournament participation is limited due to health issues. Furthermore, seven players were granted funds under the newcomer investment category, which offers support to new members of the top 125.
One player received financial assistance from both the minimum guarantee and income protection components of the Baseline program. The initiative, which was announced in August 2023, commenced this season as a three-year trial period.
ATP Chairman Andrea Gaudenzi emphasized the importance of providing players with the necessary financial backing to navigate challenges and establish sustainable careers. The program aims to alleviate the pressure of financial uncertainty for players, allowing them to focus on their development and performance.
Based on the 2023 year-end rankings and 2024 earnings, the ATP compensated players who did not meet specific thresholds. The payouts included $300,000 for players ranked in the top 100, $150,000 for those ranked from 101 to 175, and $75,000 for players positioned from 176 to 250.
Looking ahead to the next season, the financial support will increase, with players ranked 101-175 set to receive $200,000 and those ranked 176-250 to receive $100,000.
For context, the year-end No. 1 player, Jannik Sinner, led men's tennis in 2024 with $16.9 million in prize money. In comparison, the player ranked 100th, Federico Coria, earned approximately $590,000, while the 250th-ranked player, Abdullah Shelbayh, received just under $205,000 in singles earnings.
Players interested in benefiting from the Baseline program are required to sign up for consideration. The ATP is hopeful that more players will participate in the program in the upcoming seasons, building a stronger foundation for the financial well-being of professional tennis players.
Source: AP tennis
