ATP Chairman Andrea Gaudenzi Reelected to Second Term, Vows Increased Cooperation and Continued Reforms

Gaudenzi introduced a 50-50 profit-sharing formula resulting in a $37.5 million rise in prize money across the ATP Tour and lower-tier ATP Challenger Tour in 2023.
Other achievements include the introduction of 12-day Masters 1000 tournaments, long-term aggregation of media rights, increased player pension contributions, and a 75% increase in ATP Challenger Tour prize money to $21.1 million this year.
Gaudenzi presented an ambitious OneVision strategic plan to revolutionize the sport after taking over in 2020, but the COVID-19 pandemic forced sporting bodies into crisis mode.
Under phase one of the OneVision plan, which came into effect in 2023, the ATP generated the largest single-year increase in player compensation in its history.
Gaudenzi aims to increase cooperation among the seven governing bodies of tennis, including the WTA, the International Tennis Federation, and the four Grand Slam tournaments.