Tennis is a high-end premier type of individual sport, not available for just any amateur or enthusiast. The best online bookies, for instance, have special offers for betting on tennis because this is a sport for some particular type of people. A key thing here is that the court tennis successful career is not just about talent, skill, or luck being involved in professional court tennis means investing enormous sums and that is why you will hardly see a person from an average-income family among the top stars.
It all starts with the equipment and school that can cost about $40,000 per year if we speak about professional training. The next step is finding and paying for the agent to take part in the significant tournaments; the latter ones also require payoff for the transfers, accommodation, and other expenses. If a tennis player wins a prize, then they have to pay high taxes that reach up to 30 percent of the income. What is more, many tennis players who have not managed to reach the top-100 player’s ratings, spend more than they earn. Certainly, there are extra funds that can be received, mostly, from the advertising contract, but the advertisers are willing to hire famous stars for promoting their products.
However, if the tennis player has significant achievements, then they earn much and their financial and psychological expenses become more than compensated. So who are the most paid players and how much do they earn?
Roger Federer, the 39-year old Swiss tennis player is one of the most recognizable and respectable players in the world. His career started in 1998 after he won a Wimbledon Junior Tournament and was invited to participate in the Association of Tennis Professionals tournament. He won a gold medal at the Beijing Olympics in 2008 and became a silver medallist in London Olympics 2012. He has become a records man in several categories during his career and has become a holder of multiple trophies.
So what did he get financially from his astonishing success? According to Forbes, his annual income reaches $105,000,000 and this is without his gain from the commercial projects. His biggest contract today is the one with the clothing brand Uniqlo, which brought him $300,000,000. He is the most highly paid tennis player in the world and it has been true for fifteen years in a row now. The most contradictory thing about this is his almost full absence on the court during the past year; however, this did not make any impact on his wealth.
Novak Djokovic is the official number one in men’s tennis (single play); this title was given to him in 2020 by the Association of Tennis Professionals after his inimitable performance in the major tournament Australian Open. This rank certainly has a great influence on the wages and this is proved by his official salary of $44,600,000 per season. His prize money this year even beat the record of Roger Federer and amounted to $129,946,683.
Raphael Nadal is currently the second tennis player in the world and he is treated as one of the best players in the world history of court tennis. His main achievements are twenty wins in the Grand Slam tournaments organized by the International Tennis Federation; thirteen wins in the French Open titles which is the world record and have won 86 titles during the whole career. His strong side is playing on clay courts and here he beat another record of 60 wins on clay.
So how much does the Clay King make a year? The official wage is $40,000,000 per season, excluding the winner prizes and side contracts for advertising. His personal brand is so strong that he is adored by fans, rivals, and sponsors, so there is no surprise that he is at the top of the most paid tennis players.
Naomi Osaka broke into the top of professional tennis with an incredible series of wins in 2016; the first ones in the Australia open and then the WTA; she has become the first woman from Japan for the past many years who reach the final in this tournament and this resulted into her being awarded Newcomer of the Year 2016 title. In 2018 she became the first woman tennis player from Japan, who won the Grand Slam Tournament.
Being only 23 years old, Naomi Osaka already makes a great check. Her official salary is $38,000,000 and the prize money sums up to $17,770,234.
Serena Willams remains one of the richest tennis players as well today. Her prize money from the tournaments is the record among women tennis players ($93,000,000) and she was a favorite player for the supporters in almost every tournament she took part in. Her career has recently finished; however, she will definitely remain one of the most paid women in tennis for a long time ahead now.
Top tennis players have invested much in their current wages. Many players have a good income, but the main difference between an average player and the star is that the latter one has insurance of their income. Their salaries do not depend on the world situations, traumas, and losses on the court and in addition, most of their total income consists of the sponsor and advertising contracts.
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