Djokovic calls for further rise in Grand Slam prize money

Novak Djokovic believes that the prize money offered to players at the four Grand Slams has room for improvement.

The top 20 men’s and women’s players signed a letter asking for a larger share of the profits from the Australian Open, French Open, Wimbledon, and US Open, which has become a contentious issue this year.

The US Open will receive a 20% increase in prize money, according to the US Tennis Association, which is claimed to be the largest purse in tennis history, totaling $90 million (£67.4 million).

When asked if the increase reflects what players had in mind, Djokovic, 38, responded, “Look, it’s a step in the right direction.

Evidently, it’s always nice and encouraging to see that Grand Slams are willing to raise overall the players’ stakes in terms of prize money.

Djokovic stated that he doesn’t want to see ranking players who rely on Grand Slams but rather that they should.

People used to say, “Well, look at him, looking for more money for himself,” when I spoke about this subject. The 24-time Grand Slam champion asserted, “It’s not about that.”

“I’m just talking about overall,” I said. Worldwide, there aren’t many tennis players who play the sport. That is not something that has been discussed enough, in my opinion.

We live in a very commercialized world, and that’s another thing. Both the sports and entertainment industries are very large.

“And they are doing very well as well for Grand Slams,” she continues. The prize money increased as a result of the US Open. Other slams are also involved. However, they also generate more money than they did last year.

The inflation portion is another topic entirely, but it’s important to keep in mind when talking about these things.

It’s undoubtedly a positive step overall.

The Professional Tennis Players’ Association (PTPA) filed a lawsuit against the governing bodies of tennis earlier this year, citing “anti-competitive practices and a flagrant disregard for player welfare.”

The players’ group filed a lawsuit seeking financial compensation from the ATP, the WTA, the International Tennis Federation (ITF), and the International Tennis Integrity Agency (ITIA), as well as what it called “monopolistic control” of the tennis tour.

In the lawsuit, Djokovic later stated that “there are things I don’t agree with, and there are also things I don’t agree with.”