Tennis World Commits More Than $ 6 Million For Player Aid Program COVID-19
Tennis governing bodies and organizers of the four Grand Slams said Tuesday they will raise more than $ 6 million to help players affected by the current shutdown of the sport due to the COVID-19 pandemic .
The player aid program will focus on about 800 singles and doubles players collectively on the men's and women's tours, who need financial support.
The creation of the Player Aid Program is a positive demonstration of the ability of the sport to come together in this time of crisis, the governing bodies of world tennis, including ATP and WTA, together with the International Tennis Federation said in a joint statement.
We will continue to collaborate and monitor the support required throughout tennis with the goal of ensuring the long-term health of the sport amidst this unprecedented challenge to our way of life, and our thoughts remain with all affected at this time. .
The men's ATP Tour and the WTA, which runs the women's circuit, will manage the program's financial distributions and all contributions will be divided equally between men and women.
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Eligibility for the program will take into account a player's ranking as well as previous cash prize winnings according to criteria agreed by all interested parties.
While the seven stakeholder fund forms the backbone of the program, funds raised through initiatives such as auctions and player donations are welcome.
The professional tennis season was halted in early March due to the coronavirus pandemic until at least July 13, making it difficult for those at the lower levels of the sport, who depend solely on tournament earnings, to earn a living.