Overview

• The top 20 ATP and WTA players have sent a letter to Grand Slam organizers requesting a larger share of tournament revenues, citing comparisons to other sports with higher revenue-sharing models.
• The letter outlines three key demands: increased prize money reflective of tournament revenues, contributions to player welfare programs, and more player input on matters affecting competition and well-being.
• The French Tennis Federation and Wimbledon have expressed openness to discussions, with proposed meetings starting at the Madrid Open later this month.
• The Professional Tennis Players Association (PTPA), co-founded by Novak Djokovic, has also filed an antitrust lawsuit against tennis governing bodies, alleging financial exploitation and anti-competitive practices.
• The current financial model of Grand Slam tournaments, where players receive 12-18% of revenues, is being criticized as outdated and unfair, despite recent prize money increases.