Aug 23 (Reuters) - The ATP will guarantee its players a minimum wage for the first time as part of a three-year trial to be launched in 2024, the governing body of men's tennis said.
The "Baseline" programme will guarantee minimum income for the top 250-ranked singles players each season, with the ATP covering any shortfall should their earnings fall below the threshold.
The ATP said it expected to provide financial support to between 30-45 players who meet the criteria.
The ATP said it will also commit to supporting players who compete in fewer than nine ATP Tour and Challenger Tour events in a season due to injury.
The thresholds for the injury protection initiative are set at $200,000 (top 100), $100,000 (101-175) and $50,000 (176-250) for 2024, it added.
Persons:
Roger Federer, Rafa Nadal, Novak Djokovic, Andrea Gaudenzi, Gaudenzi, Shrivathsa Sridhar, Peter Rutherford
Organizations:
ATP, 101st, Thomson
Locations:
Bengaluru