ATP records significant growth in gross revenues from 2013 to 2018

Former ATP boss Chris Kermode has shared a few numbers that bear witness to how the men’s professional tennis circuit has grown in recent years.

Gross ATP revenue up from $ 97 million in 2013 to $ 115 million in 2018

According to the former CEO of ATP, the gross revenue of the male body governing body increased from $ 97 million in 2013 to $ 115 million in 2018. He also cited a figure that suggests how the men’s body has benefited from high-priced tournament sponsorship deals in recent years.

Kermode said the total amount of prizes on the Tour increased from $ 85 million in 2013 to $ 135 million in 2018. Tour players have also taken advantage of the male body by amassing greater profits and income.

90% increase in the number of players winning over $ 1 million on the men’s tour

The former ATP CEO said that between 2013 and 2018 there was a staggering 90% increase in the number of players winning over $ 1 million on the men’s tour.

From a performance perspective, the number of players rated between 50-100 and 150-200 has increased significantly over the six-year period.

Kermode said there had been a 69% increase in the number of players ranked from 50 to 100 between 2013 and 2018, while the number of players ranked between 150 and 200 increased by 65% ​​during the period of six years.

How the pandemic hit ATP financially

However, the strong financial record of the men’s tennis governing body has collapsed this year due to the COVID-19 pandemic.

The growing global footprint of the virus and the lockdown that followed resulted in the mass cancellation of events on the men’s and women’s circuits and millions of losses in sponsorship money and ticket sales. However, the significant revenue growth the men’s tennis organization saw between 2013 and 2018 would surely help it survive the debilitating impact of the pandemic.

It will also help ATP’s plan for next season which male bodyguards hope won’t be so impacted by the pandemic.

However, the slowdown in ATP’s financial fortunes due to the pandemic this year did not appear to have an impact on the earnings of the top players tournament this year.

Twenty-time Grand Slam winner Rafael Nadal won $ 3,856,127 on the Tour this year. However, he was still behind Novak Djokovic, who won $ 6,511,233.

Dominic Thiem, Austrian Athlete of the Year, placed second on the list of winners, taking home $ 6,024,876.