How much of their earnings do players keep? - MensTennisForums.com
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post #1 of 37 (permalink) Old 08-25-2006, 05:09 PM Thread Starter
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How much of their earnings do players keep?

I have been wondering- considering a top player has a pretty big entourage on average- coach, trainer, physio, agent, stringer, sponsors etc etc- with everyone getting a slice of the pie, what percentage of their earnings on average do players cash in the bank at the end of the day?
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post #2 of 37 (permalink) Old 08-25-2006, 05:18 PM
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Re: How much of their earnings do players keep?

It's gonna be different for every single person depending on how much they pay their coach, agent, trainer, travel expenses when necessary, all that stuff. But chances are good, they are keeping way less than half of their prize money. Endorsements would be different b/c their coach, trainer, etc., have nothing to do with that. Then again, some coaches might have enough clout, that they could get a clause into their contract for ALL Earnings, especially if some endorsements are contingent upon their on-court performance.

And I think it's pretty well-known that a lot of lower-ranked players actually lose money a lot of tourneys they play

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post #3 of 37 (permalink) Old 08-25-2006, 05:28 PM Thread Starter
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Re: How much of their earnings do players keep?

Yes I gathered that might be the case with the lower ranked players.

As for endosrsments/appearance fees/commercials etc, wouldn't the agencies that have signed the player up also get a handsome portion of those?

Also, what about a player like Tommy Haas who was sponsored when he was learning how to play tennis since his family couldn't afford it? How much would the sponsors get off his earnings and would they get something from ALL of his earnings endorsments etc included?
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post #4 of 37 (permalink) Old 08-25-2006, 05:29 PM
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Re: How much of their earnings do players keep?

i don't see how players outside the top50 (unless they are like philippoussis and get a million wcs and have endorsement deals) make money at all. first there's taxes, then they have to pay their coaches, then they have to pay for travel (most top players probably don't), then they have to pay for hotels at some tournaments (again, most top players don't), and they might not even have clothing/racquet deals (ljubo didn't have a clothing deal for a while when he was making his run early in 2005).

my favorite was the worst number 3 player in the world
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post #5 of 37 (permalink) Old 08-25-2006, 05:32 PM
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Re: How much of their earnings do players keep?

Something that makes you realise the essential stupidity of the stereotype of the tennis player as a spoilt, over-indulged rich kid. Footballers get paid an obscene amount of money in comparison, but then that is of course "the people's sport."

The Wit and Wisdom of the Tennis Journalist, Indian Wells 2004

ROGER FEDERER: Yeah, I remember this one time when I went on a vacation on the Maldives. That was in the year 2001, I think. I went to this spa. I went to walk around with my girlfriend. I walk in, and we want to book a spa. This guy goes, "AHH, I remember you. You beat Sampras. I saw you on TV." That was like, really, how can you remember me? This guy has probably never been off his island and still knows me. I was a little bit shocked. Then I went to play tennis with him because he was actually the tennis teacher. It was nice.

Q. Were you naked at the time in the spa?

ROGER FEDERER: No. It was at the front desk. I didn't walk in naked.
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post #6 of 37 (permalink) Old 08-25-2006, 05:32 PM
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Re: How much of their earnings do players keep?

Quote:
Originally Posted by RonE
Yes I gathered that might be the case with the lower ranked players.

As for endosrsments/appearance fees/commercials etc, wouldn't the agencies that have signed the player up also get a handsome portion of those?

Also, what about a player like Tommy Haas who was sponsored when he was learning how to play tennis since his family couldn't afford it? How much would the sponsors get off his earnings and would they get something from ALL of his earnings endorsments etc included?
there was definately a clause in his contract saying that his sponsers get x% of his on court earnings

my favorite was the worst number 3 player in the world
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post #7 of 37 (permalink) Old 08-25-2006, 05:32 PM
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Re: How much of their earnings do players keep?

Though we cannot consider Gimelstob a top player , this is what he said at Cincy some weeks ago :

Q. You talk about making a decent living. I think fans could probably look up your career winnings, but they don't factor in the expenses, the travel, the coaching.

JUSTIN GIMELSTOB: Right, definitely.

Q. How much do you think you spend in a year?

JUSTIN GIMELSTOB: I spend a lot. I'm a spender (smiling). I spend probably more than most.

Q. Tennis expenses.

JUSTIN GIMELSTOB: I was referring to tennis expenses. I probably spend more money than someone at my level generally would. I've also been fortunate, I've made more money than someone at my level generally would. When I came up, I had a lot of really lucrative endorsements, and my dad is a very savvy investor. So, yeah, I've made -- you spend a lot of money, so it's, you know --

Q. What's like an average year?

JUSTIN GIMELSTOB: Trainers, flights. Average?

Q. Total expenses.

JUSTIN GIMELSTOB: I would say well over a hundred thousand dollars definitely for me. Well over a hundred thousand dollars.

Q. I think a lot of people may not know that. They only read winnings.

JUSTIN GIMELSTOB: I would probably say a hundred to maybe even closer to a hundred fifty thousand dollars in expenses I spend a year.
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post #8 of 37 (permalink) Old 08-25-2006, 05:35 PM Thread Starter
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Re: How much of their earnings do players keep?

Quote:
Originally Posted by croat123
there was definately a clause in his contract saying that his sponsers get x% of his on court earnings
Do you have any idea how big that x% would be? Are we talking double digits?
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post #9 of 37 (permalink) Old 08-25-2006, 05:35 PM
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Re: How much of their earnings do players keep?

Quote:
Originally Posted by RonE
As for endosrsments/appearance fees/commercials etc, wouldn't the agencies that have signed the player up also get a handsome portion of those?
yes, definitely. 10-15% most likely.... maybe even more.
Quote:
Originally Posted by RonE
Also, what about a player like Tommy Haas who was sponsored when he was learning how to play tennis since his family couldn't afford it? How much would the sponsors get off his earnings and would they get something from ALL of his earnings endorsments etc included?
That's a more unusual case, I'd guess it just depends on how they negotiated. It's really impossible to say without being able to analyze the contract
Quote:
Originally Posted by RonE
Do you have any idea how big that x% would be? Are we talking double digits?
It's really hard to say b/c there are 2 ways of looking at it - 1) they're taking a huge risk on him so they want to take a lot, in case he doesn't make much, or 2) they really believe in him so they give him a fair deal at the outset with options to renegotiate later. No real way to know, we'd just have to guess. I'd be surprised if it were more than 10% though, but it may have had a sunset type of clause in it and they probably don't get anything anymore.

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post #10 of 37 (permalink) Old 08-25-2006, 05:42 PM
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Re: How much of their earnings do players keep?

Quote:
Originally Posted by Neverstopfightin
Q. I think a lot of people may not know that. They only read winnings.

JUSTIN GIMELSTOB: I would probably say a hundred to maybe even closer to a hundred fifty thousand dollars in expenses I spend a year.
That's practically the amount of money he earned last year.

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post #11 of 37 (permalink) Old 08-25-2006, 05:50 PM
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Re: How much of their earnings do players keep?

This is from a Sports Law treatise I found on Westlaw.. unfortunately there's not much there as much of the data and forms deal with team athletes and stuff. Not much about tennis players, or even more similar sports like boxing, golf, etc.

The responsibilities of the agent will usually include contracts, investments, taxes, and public relations. The SPK typically stipulates that the agent will be the athlete's exclusive representative. The fees for these services vary from 5% to 50% of the athlete's contract; it all depends on the responsibilities, the sport, etc. However, the various sports unions are increasingly involving themselves into the agent-athlete scenario by limiting fees and ordaining registration as a prerequisite to representation.


Interestingly enough, I found the standard ITF Licensing form and on Lexis I found the USTA Corporate sponsorship contract. Interesting

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Last edited by Deboogle!.; 08-25-2006 at 05:54 PM.
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post #12 of 37 (permalink) Old 08-25-2006, 06:13 PM
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Re: How much of their earnings do players keep?

all i can say...i dont feel bad for them..they make more money than anyone us.

+ when they retire at age 30..rest of their life they will get a month check....atleast Ljubicic will...he has some kind of retirement plan with the ATP...i would say 10k a month.

and after these player retire....most can set up a coaching school and make a killing there.....

and some are smart with their money...like Ljubicic..who has couple apartment buildings in works in Croatia

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post #13 of 37 (permalink) Old 08-25-2006, 06:20 PM
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Re: How much of their earnings do players keep?

ljubo also has a hotel in opatija (tell him to change the color though, the building is really nice, but the color has to go lol)

my favorite was the worst number 3 player in the world
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post #14 of 37 (permalink) Old 08-25-2006, 06:21 PM
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Re: How much of their earnings do players keep?

Many of them are smart with their money. But you have to keep in mind that once you get to a certain point in the rankings, these guys are making almost nothing, whether they're smart with it or not.

I mean if you think about it in terms of other sports - the 100th best basketball or baseball or football (either american or soccer), etc, they are still making millions. The 100th ranked tennis player is probably struggling to make ends meet. It's the reality of tennis. The top guys are gonna be perfectly fine but nothing compared to where they'd be if they were top players in other major sports.

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post #15 of 37 (permalink) Old 08-25-2006, 06:25 PM
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Re: How much of their earnings do players keep?

Quote:
Originally Posted by FlashDeb
Many of them are smart with their money. But you have to keep in mind that once you get to a certain point in the rankings, these guys are making almost nothing, whether they're smart with it or not.

I mean if you think about it in terms of other sports - the 100th best basketball or baseball or football (either american or soccer), etc, they are still making millions. The 100th ranked tennis player is probably struggling to make ends meet. It's the reality of tennis. The top guys are gonna be perfectly fine but nothing compared to where they'd be if they were top players in other major sports.
in the NBA if you are the worst player and have been in the league for 5 years...you cant make less than 3 or 4 million...its crazy... baseball does have a 300k min limit for first year players..but than they also have A-Rod who makes 25million a year. and tennis is 10x harder than baseball

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