Tennis Related - Off Court Serious Issues

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Re: Tennis Related - Off Court Serious Issues

#451

Post by JazzNU »

^^ Just posting since it's apparently something being asked in press. Sounds like nothing to me. de Minaur had a similar issue because of a doctor being called into question that gave him his vaccine and it involved hundreds of patients as well.
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Re: Tennis Related - Off Court Serious Issues

#452

Post by Deuce »

Somehow I wouldn't take what Giorgi says as gospel. She looked like she was squirming around in her press conference.
But the reporters asking the questions were incredibly stupid, as they were using words that it quickly became clear Giorgi did not understand the meaning of - and they kept using these words, talking to her as if she is a fluent native English speaker...

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Re: Tennis Related - Off Court Serious Issues

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Inside the Battle to Control, and Fix, Tennis
The sport’s hit Netflix series and rising collection of young stars has investors bullish on tennis, which is poised for a once-in-a-generation moment of disruption.

Image
The Italian tennis player Matteo Berrettini is one of several rising star players who features in “Break Point,” the new Netflix documentary series.Credit...Alana Holmberg for The New York Times


By Matthew Futterman and Lauren Hirsch
Jan. 21, 2023
Updated 2:06 p.m. ET
Walking the grounds of Melbourne Park, where the Australian Open is in full swing, one could easily believe that all is well and peaceful in professional tennis.

Stadiums are packed. Champagne flows. Players are competing for more than $53 million in prize money at a major tournament the Swiss star Roger Federer nicknamed “the happy Slam.”

Behind the scenes though, over the past 18 months a coterie of billionaires, deep-pocketed companies and star players has engaged in a high-stakes battle to lead what they view as a once-in-a-generation opportunity for disruption in a sport long known for its dysfunctional management and disparate power structure.

The figures include Bill Ackman, the billionaire hedge fund manager and hard-core tennis hobbyist who built a tennis court atop his office tower in Midtown Manhattan. Ackman is funding a fledgling players’ organization led by the Serbian star Novak Djokovic. The group is searching for ways to grow the sport’s financial pie and the size of the players’ slice. In their ideal world, one day there might even be a major player-run event akin to a fifth Grand Slam tournament.


Earlier this month, the group announced its core tenets, which include protecting player rights, securing fair compensation and improving work conditions. Players have about had it with matches that start close to midnight, end near dawn and put them at risk of injury, like Andy Murray’s second-round win in Melbourne that ended after 4 a.m. Friday. The group also announced its first eight-player executive committee, which includes some of the top young men and women in the game.

There is also CVC Capital Partners, the Luxembourg-based private equity firm that has been working for months to close a $150 million equity investment in the WTA Tour that it views as a first step to becoming a prime player in tennis.

Then there is Sinclair Broadcast Group, the American media conglomerate that owns the Tennis Channel, which wants to expand globally and has been trying to entice the people who run tennis to embrace that effort.


All of them see tennis as uniquely positioned for growth, as a new generation of stars tries to take up the mantle of the last one, a story Netflix highlights in the new documentary series “Break Point.”

“This is definitely the time to go long on tennis, 100 percent,” said Ackman, the noted short-seller best known for betting on a plunging real estate market ahead of the Great Recession. “You look at the global popularity of the sport and revenues and it is totally anomalous.”

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Through his philanthropic fund, the investor Bill Ackman is essentially bankrolling Novak Djokovic’s Professional Tennis Players Association, a new players’ union, and a player-controlled, for-profit entity.Credit...Elsa/Getty Images

Ackman has largely given up his noisy activist approach to investing, but tennis, he and others point out, is one of the few global sports and the only one in which men and women regularly share a tournament. That has helped it attract roughly one billion fans worldwide, with nearly equal numbers of male and female devotees.

Tennis executives estimate the sport collects roughly $2.5 billion in total revenues each year. However, it collects far less revenue per fan than other sports. The N.F.L. has a fraction of the number of fans but some $18 billion in revenues. Tennis players also receive a much smaller percentage of those revenues than athletes in other sports receive, and they have to pay for their coaches, training and much of their travel. Aside from a handful of premium events like Grand Slams and some of the Masters 1000 competitions, many tennis tournaments still have the feel of mid-tier minor league baseball.

The cash crunch has been especially acute for the WTA Tour ever since it suspended its operations in China in December 2021, retaliating against a government that had seemingly silenced a Chinese player after she accused a former top government official of sexually assaulting her. The move, led by the tour chief executive Steve Simon, represented a rare moment when a major organization prioritized morals and human rights over the bottom line.

China, the host country for nine tournaments, including the annual season-ending WTA Finals, had committed hundreds of millions of dollars to women’s tennis for a decade. The WTA has been hunting for new cash ever since the suspension, and with good reason. Some weeks, the disparity with the men’s tour is startling — in Auckland, New Zealand, this month, men competed for more than $700,000 in prize money while the women’s purse was $260,000.


The jockeying for power has played out against the backdrop of significant infighting within men’s professional golf prompted by the debut of LIV Golf, the Saudi-backed effort to create a rival to the PGA Tour that has fractured the sport and caused some of its biggest stars to disappear from all events but the four major tournaments.

The established cast of power players who run tennis — including Simon, his counterparts on the men’s pro tour, the four Grand Slams and the International Tennis Federation — have watched that unfold and worked to secure their primacy, even as they acknowledge that tennis has to change with the times.

“The status quo is not an option,” said Stacey Allaster, the tournament director of the U.S. Open.

Allaster, who has previously run everything from second-tier tournaments to the WTA Tour, described tennis as an “insular” sport that does not focus enough on what its fans want.

“What is the road map for trial and experimenting?” Allaster asked.

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From left, Iga Swiatek, Stacey Allaster and Ons Jabeur after Swiatek beat Jabeur in the 2022 U.S. Open final. Allaster, the tournament’s director, said tennis has not focused enough on what fans want.Credit...Elsa/Getty Images

Andrea Gaudenzi, the former player who is the chairman of the men’s tour, the ATP, said all the interest from private investors signaled that the sport was headed in the right direction.

At a private players meeting last week in Melbourne, Gaudenzi heralded the ATP’s move to raise prize money by 21 percent, to a record $217.9 million this year. Unfortunately for the players, the ATP represents only about a quarter of the sport’s revenues. The Grand Slams collect most of the rest of the sport’s revenues, with the players’ cut at those events generally far less.

Gaudenzi said his organization has had its own discussions with CVC executives but no deals are imminent.

“Sometimes you need a catalyst event and someone helping you, and guiding you,” he said.

That fallout from that catalyst event — the WTA’s withdrawal from China — is ongoing.

The government of China’s leader, Xi Jinping, has given no indication that it will pursue a credible and transparent inquiry into the allegations from the player, Peng Shuai, which were made in November 2021 on her Chinese social media account.

In November 2022, Simon called the pending deal with CVC “a very complex business decision and business move we need to work through.”

CVC, which wanted to close the deal by the end of last year, has said little publicly about it. People familiar with the deal who were not authorized to discuss confidential financial information said it includes a $150 million payment for a 20 percent ownership stake in the WTA Tour.

As CVC and the WTA closed in on the deal during the fall, executives with Sinclair, which acquired the Tennis Channel in 2016, expressed their growing concern that after building an international network and being one of the highest-paying partners in the sport, CVC might try to elbow out the company if it reaches a similar agreement with the ATP, some of the people said.

In the short term, the women’s tour is expected to use a significant portion of the money from CVC to increase prize money for players, ensuring that men and women receive equal prize money at all the tour events they play together. That, however, will do little to produce a return for CVC, which is in this to make money.

To do that during the next decade, people familiar with CVC’s thinking said, company executives want to increase collaboration with the men’s tour and hold more combined events. Then they could consolidate assets, such as media rights and sponsorships, and sell them together in hopes a combined product would fetch a significantly higher price than what each tour collects separately. That could help CVC gain a foothold within the ATP and flex its muscle.

Those plans jibe with some of Gaudenzi’s priorities for the ATP, which include holding as many as nine combined events with the women’s tour, because those are the most popular with fans, creating with the Grand slams close to 200 days of the most desirable competition.



The vision may break down, however, when the tours try to figure out how to divide revenue. Men know their tour is more profitable and have long resisted equal partnerships with the women’s tour.

Gaudenzi said more men, especially the younger generation, understand the importance of equality and are much more open to the concept of joining forces with the women than they were when he played in the 1990s.

“They understand the value, you just have to show them the business case,” he said.

He added: “We are in the entertainment business, so we have to entertain people, not ourselves.”

Also, the plan de-emphasizes smaller tournaments, where players can collect appearance fees. A few of those are the most successful and popular events on the tour, such as the Estoril Open on the Portuguese Riviera, where players love the packed stadiums, seaside setting and full embrace of some of the region’s wealthiest companies, as well as the country’s president, Marcelo Rebelo de Sousa.

Ackman said much of the maneuvering he has seen represents old-world thinking. That is partly why he aligned with the players, who have the most incentive to push for change. They are stars of the show but receive roughly 15 to 25 percent of the revenues — about half of what athletes in other sports receive.

“Tennis is an oligopoly, and oligopolies are not innovative, and nonprofit ones are even less innovative,” Ackman said.

Through his philanthropic fund, Ackman is helping to bankroll Djokovic’s Professional Tennis Players Association, a new players’ union, and the Winners Alliance, a player-controlled, for-profit entity, though he said he has no designs on profiting from tennis.

Ackman made it clear that the P.T.P.A. was not seeking to launch a new tour, though in theory having an event like men’s golf’s annual Players Championship — considered a fifth major in some circles because of its top field and rich purse — would be appealing. He and the P.T.P.A. recently hired Ahmad Nassar, who for years ran the N.F.L. Players Association’s for-profit company, Players Inc.

Nassar hopes to convince players and their agents to sign over their group licensing rights, which the Winners Alliance could in turn sell — to a video game company, a luxury hotel chain that could offer both payments and discount deals, or any number of potential corporate investors.


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Ahmad Nassar, hired as the executive director of the Professional Tennis Players Association, formerly ran the N.F.L. players’ union’s for-profit company.Credit...Alana Holmberg for The New York Times

The P.T.P.A. spent much of the past six months recruiting its executive committee. The group now includes Paula Badosa, the rising Spanish player, and Ons Jabeur of Tunisia, the No. 2 women’s singles player and 2022 Wimbledon finalist who is the sport’s first major star from a Muslim country. Jabeur made it clear the organization doesn’t want any part of a golf-style dispute.

“We don’t want to fight with everyone,” Jabeur said last Saturday, while expressing her determination to help the players get their due. “We just want to make our sport great.”

https://www.nytimes.com/2023/01/21/spor ... ticleShare
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Re: Tennis Related - Off Court Serious Issues

#454

Post by ti-amie »

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Re: Tennis Related - Off Court Serious Issues

#455

Post by ponchi101 »

For those of us old enough and with enough memory (about the PTPA article).
This was EXACTLY what the ATP was founded on. Have the players control the tour. Give the players more say in how the tournaments were run. Actually, have the players run the tournaments. Create a fifth "slam".
None of that happened. The players had no expertise (because, by definition, they are usually young people). The fifth Slam was the one in Miami, with a 128 field; the players said it was too much. The creation of a year end championship, with more money. It was created, and it did not work. Slowly, the players needed the expertise of the promoters, and they came in and took control.
Not to mention, Wimbledon will never follow anyone, and the USO belongs to the USTA. So, unless the players really want to boycott the two greatest slams, this will not work. Because it is basically: give me control of what you have. And nobody already involved in tennis will do that.
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Re: Tennis Related - Off Court Serious Issues

#456

Post by Owendonovan »

I'm all for players taking greater control for their physical/emotional/financial betterment. The players really need to figure out how to leverage themselves better. Same with most any professional sport.
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Re: Tennis Related - Off Court Serious Issues

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Post by ponchi101 »

Serious here. Do you think that this guy Nassar is looking after the well being of the players? Sounds like another Gerard Pique to me.
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Re: Tennis Related - Off Court Serious Issues

#458

Post by Deuce »

Owendonovan wrote: Sun Jan 22, 2023 2:36 am I'm all for players taking greater control for their physical/emotional/financial betterment. The players really need to figure out how to leverage themselves better. Same with most any professional sport.
The top players certainly don't need any 'financial betterment' - between prize money and sponsors/endorsements, they have more than enough money to live several lifetimes in absolute luxury.
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Re: Tennis Related - Off Court Serious Issues

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Post by ti-amie »

The big problem is the one facing the WTA. Even with the now canceled Asian events they were paying the players much, much less than than the ATP. From the outside looking in the WTA has been poorly managed for many years now. Allaster was bad but Simon has managed to disappear the women's tour.
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Re: Tennis Related - Off Court Serious Issues

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Post by Deuce »

I suppose I wouldn't mind if the prize money were better distributed - taking away from the top players to give more to the lower ranked and fringe players...
But if that's not going to happen, as far as equal prize money between the men and the women goes, I'd MUCH, MUCH, MUCH rather that the prize money be lowered for the men than that it be increased for the women.

To see the absolutely obscene amounts of money being paid to athletes in all pro sports today, while there are people who go without food and shelter (among other staples of life) makes me puke.
And they are viewed as demi-gods on top of the sickening amount of money they get.
Civilization is horrible.
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Re: Tennis Related - Off Court Serious Issues

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Post by Owendonovan »

ponchi101 wrote: Sun Jan 22, 2023 2:40 am Serious here. Do you think that this guy Nassar is looking after the well being of the players? Sounds like another Gerard Pique to me.
I don't know enough about him. The players have to play these businessmen's games somehow if they're going to feel like the arrangements are equitable.

The top players certainly don't need any 'financial betterment' - between prize money and sponsors/endorsements, they have more than enough money to live several lifetimes in absolute luxury.

Of course, but they're not the majority of players. It's be nice for players ranked, say, 250 to be able to make enough to not worry too much about all the expenses players have.
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Re: Tennis Related - Off Court Serious Issues

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Post by Deuce »

Owendonovan wrote: Sun Jan 22, 2023 3:46 am
The top players certainly don't need any 'financial betterment' - between prize money and sponsors/endorsements, they have more than enough money to live several lifetimes in absolute luxury.

Of course, but they're not the majority of players. It's be nice for players ranked, say, 250 to be able to make enough to not worry too much about all the expenses players have.
^ Yes.
But don't get the extra money for the lower ranked players by pumping more money into the sport - get the extra money for the lower ranked players by taking money away from the payouts for the latter rounds of tournaments, where we often see the same top players who already have more than enough money.
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Re: Tennis Related - Off Court Serious Issues

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Post by Deuce »

Leaving 'political correctness' aside, I think it's safe to say that most of us were honestly surprised when we first saw Jelena Dokic in her new role as on-court interviewer at the Aussie Open (whether that was last year or this year), after having not seen her since her playing days. Yes, it can be said honestly that we were surprised she was significantly bigger than when we last saw her. And that's a very natural reaction to seeing any significant difference in a person from the time we last saw him/her... some on this message board mentioned the physical difference in Dokic when she was first seen interviewing players on court, saying they didn't recognize her (the comments were not derogatory or mean).

But there is a huge difference between being surprised by the difference and making derogatory, deliberately hurtful comments about it - especially toward a person who has been through what Dokic has been through with her abusive father, etc.
But, hey - that's what the internet brings out of too many people...

It got to a point where Dokic had had enough, and responded.
Here is an article about her response...

Jelena Dokic Responds to Jerks...

.
R.I.P. Amal...

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Re: Tennis Related - Off Court Serious Issues

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Re: Tennis Related - Off Court Serious Issues

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Deuce wrote: Tue Jan 24, 2023 4:37 am Leaving 'political correctness' aside, I think it's safe to say that most of us were honestly surprised when we first saw Jelena Dokic in her new role as on-court interviewer at the Aussie Open (whether that was last year or this year), after having not seen her since her playing days. Yes, it can be said honestly that we were surprised she was significantly bigger than when we last saw her. And that's a very natural reaction to seeing any significant difference in a person from the time we last saw him/her... some on this message board mentioned the physical difference in Dokic when she was first seen interviewing players on court, saying they didn't recognize her (the comments were not derogatory or mean).

But there is a huge difference between being surprised by the difference and making derogatory, deliberately hurtful comments about it - especially toward a person who has been through what Dokic has been through with her abusive father, etc.
But, hey - that's what the internet brings out of too many people...

It got to a point where Dokic had had enough, and responded.
Here is an article about her response...

Jelena Dokic Responds to Jerks...

.
People like this are everywhere online. I'm sure some of these idjuts are kids or young people who don't know her history and see a woman who is not "athletically slim" at this point in her life revel in being able to hurl insults and think it's funny. And why shouldn't they? JMac's comments about an Asian American player a few days ago are in the same vein. My mother always said "empty barrels make the most noise", an expression I appreciate more and more as I grow older.
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