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Old 12-24-2012, 12:28 AM   #286
country flag Henry Chinaski
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Default Re: Australian Open averts player boycott with increased prizemoney

Quote:
Originally Posted by Benny_Maths View Post
The assumption is reasonable up to a certain point where you start to have significantly diminishing returns. The money available is finite.



Second point I agree with. The first point is more complicated. It's easy to just take the revenue figure and say that it's a lot of money. 25m or whatever the profit figure is looks big at first glance. But if that's what they have to work with the following year, when you spread it across facility upgrades and maintenance, marketing/advertisements, support staff (volunteers can't do everything), grassroots donations, taxes etc the profit figure starts to look a lot smaller.

generous wages these guys pay themselves are a big problem too.

Patrick McEnroe takes home over $1m a year from the USTA and is still allowed to do his media work on the side.

USTA Chief Exec Arlen Kantarian earned $9m in 2008.

The top suit at the dysfunctional LTA earns upwards of £600,000 per year.

At least with the players going after a bigger piece of the pie these organisations will be forced to run a tighter ship.
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Old 12-24-2012, 12:45 AM   #287
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Default Re: Australian Open averts player boycott with increased prizemoney

the thing is a winner of the AO is getting more than all of poor guys who are trying to survive, what is it $130,000 more for the winner next year than this year. not really sure that Novak, Fed, Nadal care about extra #130K, they are beyond being wealthy (they can probably make more money doing something not even tennis related)... give it to 'little guys' ...
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Old 12-24-2012, 03:04 AM   #288
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Default Re: Australian Open averts player boycott with increased prizemoney

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Originally Posted by jmf07 View Post
How is it a weak and unsubstantiated hypothetical at best? There are plenty of examples of players packing it in or coming very close to and focusing on something else. As an Australian you have to look no further than Matosevic and Ebden.
A few isolated examples doesn't provide justification for a widespread change. Moreover, there are numerous of examples of players achieving extremely good results at junior level but doing far worse at senior level. You need more than just potential as a reason if you want to lobby for higher pay across the board.

Quote:
Originally Posted by Henry Chinaski View Post
generous wages these guys pay themselves are a big problem too.

Patrick McEnroe takes home over $1m a year from the USTA and is still allowed to do his media work on the side.

USTA Chief Exec Arlen Kantarian earned $9m in 2008.

The top suit at the dysfunctional LTA earns upwards of £600,000 per year.

At least with the players going after a bigger piece of the pie these organisations will be forced to run a tighter ship.
I agree with the general idea of your post. There's always the possibility of executives and especially media personnel being overpaid. But there's really no comparison between the bargaining power of executives and that of the average player.

When you start bringing money into the discussion, it's no longer about the subjective idea of quality of tennis and all about who can drive profits. It then becomes a question of who you can afford to let go of. There is a massive difference between a chief executive and some random player. As harsh as it sounds, the financial effect on a tournament of a lower ranked player dropping out will be less than that of a bee sting on a 1-metre thick block of titanium. OTOH the chief executive is responsible for the strategic direction of the tournament. They're hired on the basis that they have the experience, knowledge and business acumen required to make the tournament attractive to sponsors, spectators and sustain the profit that goes with it.
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Old 01-06-2013, 12:14 PM   #289
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Default Re: Australian Open averts player boycott with increased prizemoney

Didn't want to start a new thread but this is a great show of support from Tiley and the AO and a step in the right direction. From Ram's twitter:

Quote:
Rajeev Ram ‏@RajeevRam
Amazing gesture by @CraigTiley and Oz Open to give all players an extra 1k dollars to help cover travel expenses..take note other slams
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