The top 20 ranked male and female tennis players have written to the four Grand Slam tournaments requesting a meeting to discuss increasing their prize money. The letter, first reported by L’Equipe, urges the Australian Open, French Open, Wimbledon, and US Open to allocate a larger portion of the revenue generated by these events to the players.
Emma Navarro, the world number 11, highlighted “unfair pay ratios” as a key reason for supporting the initiative. She believes it’s important for players to unite and ensure fair compensation for their efforts. While prize money at Wimbledon increased significantly from £27,000 for first-round losers in 2014 to £60,000 last year, players feel that the Grand Slams, which generate substantial revenue, should offer a greater share to the athletes.
For instance, the All England Club had a turnover of £380m in 2023, with an operating profit of nearly £54m. Zheng Qinwen, Olympic champion and world number 8, noted that increased prize money would benefit lower-ranked players who struggle to make ends meet throughout the year.
This push for higher payouts follows a recent lawsuit filed by the Professional Tennis Players’ Association (PTPA) against tennis’ governing bodies, seeking an end to “monopolistic control” and better financial conditions.