ATP has announced a record of $ 18.3 million to be distributed to players by profit sharing from the ATP season 2024. The 50-50 profit sharing formula of the ATP splits profit on ATP Masters 1000S-Boven-Basisprijs-Evenzeer.
Profit sharing was first introduced in 2022 and is a central part of the ATP ATP OneVision Strategic Plan, designed to coordinate the financial interests of players and tournaments and to give both parties an equal share in the success of the sport. The $ 18.3 million, which represents an increase of 2.7x compared to the previous season, will be distributed among players based on performance on the ATP Masters 1000S in 2024 – a 25% bonus on top of the basic price money that is already paid at those events.
ATP chairman Andrea Gaudenzi Said: “This is exactly what profit sharing is designed: ensuring that players and tournaments share in the financial lead of the sport. $ 18.3 million is a huge milestone. For us there is proof that strengthening the premium product and the loss of interests creates value. We are proud to strengthen our partnership and a stronger, more more sustainable, more sustainable, more sustainable, more sustainable, more sustainable, more sustainable, more sustainable, more sustainable.” “”
Reforms under Onvision have driven considerable increases on the ATP Masters 1000 level. The expansion to 96 players draws has increased the merit possibilities for more players, which means that the number of those who are able to increase a sustainable life of tennis. It has also unlocked a wave of infrastructure investments, including Madrid, Rome, Cincinnati, Shanghai and Paris, which lifted the bar with improved locations that have improved the player and fan experience and strengthened the future of the sport.
The results of profit are announced well into the following season, because the Nine ATP Masters 1000 tournaments undergo three financial audits to give players full transparency about the economy of the top events of the Tour. The results of 2024 increase the players’ compensation in the ATP Masters 1000 Tournaments (prize money + winning part) 18% versus 2023. This comes alongside a $ 20.5 million bonus pole in 2024.
ATP players’ compensation also takes on a record $ 261 million for the 2024 season – for a total of $ 378 million In combination with Grand Slam prize money. In 2025, ATP will be on schedule to deliver further compensation records, including $ 28.5 million In Challenger Tour Prize Money (+28% versus 2024) and a $ 3 million ATP 500 bonus pole (+131% versus 2024).
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