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Massive Australian Open prize money drama exposed as players mull strikes
The strike discussions threatening the Australian Open over prize money have been laid bare by a leading economist, who revealed whether players are entitled to a pay rise.
Australian Open players’ strike talks over pay have been laid bare after an economist revealed the prize pool for the event has lifted 8.7 per cent annually over the past 25 years while inflation grew on average by 2.7 per cent each year.
The agents of the top 10 men’s and women’s players met over the weekend where they agreed to escalate industrial action for a larger share of the Australian Open’s revenue, according to The Australian Financial Review.
‘I just think it’s greed’: Tennis stars’ pay demands called out by legend
One of Australia’s greatest ever players has labelled current players as “greedy” for demanding more prize money despite record payouts at grand slams.
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‘Not greedy’: $115m AO purse isn’t enough, thanks to the reality of tennis’ sad ‘struggle’
It was a potential Australian Open bombshell diffused by the stroke of a pen late last year but one that may yet blow up in the face of Tennis Australia at some stage in the future.
The Aussie Open has endured a history of massive stories dropping on the eve of the tournament, from prospective player boycotts to match-fixing scandals and threats overseas parties could either pinch its major status or seize part of the summer down under.
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