ITF raises prize money

December 19 2014 by Renata Mendes Dias Print This Article

The ITF (International Tennis Federation) has decided to increase the prize money of the lowest level of the professional tournaments on Wednesday. The decision came after a survey that found out that players have to be ranked at least No. 336 on the men’s ATP World Tour or No. 253 on the women’s WTA tour to start earning money. Also they discover that to play professional tennis cost at least US$38,800 for men and US$40,180 for women per year.

“I want to see more players being able to cover their costs because it’s taking longer for a junior to break into the top 100,” said Kris Dent, director of professional tennis at the ITF. “Players are fitter and generally playing longer.”

The ITF events for men are $10,000 and $15,000 tournaments with total prize money. For women, it’s different, ITF runs events from $10,000 to $100,000. Under the new proposals, the men’s ITF events would increase prize money to $15,000 and $25,000, while the women’s tournaments would range from $15,000 to $125,000. Also, each player will get a payment while they are competing to help with living expenses. The proposals will be put to the ITF board in March, and come into effect from 2016.

In the men’s tournament the raise in the prize money would be only in $ 10,000 and $ 15,000  because the ATP runs the challengers events (tournaments from US$ 40,000 to US$ 125,000). The Challengers increased the prize money in 2014, the tournaments went up from US $ 35,000 for $ 40,000, but the other ones, the prize money stayed the same.

The ATP recently announced a 14% increase in the total prize money of the tournaments that would rise to $ 100 million in 2015, but only increments for ATPs 250, 500 and Masters 1000 without changes to the challengers events.