Prize Money Earnings of Tennis Professionals and the Impact of COVID-19 Pandemic

• Published in: International Journal of Business and Economic Sciences Applied Research Vol. 14; no. 1; pp. 47 - 57
• Main Author: Šimić, Vladimir
• Format: Journal Article
• Language: English
• Published: Kavala Τεχνολογικό Εκπαιδευτικό Ίδρυμα Ανατολικής Μακεδονίας και Θράκης 01.01.2021; Eastern Macedonia and Thrace Institute of Technology; International Hellenic University (IHU)
• Subjects: ATPplayers; COVID-19 pandemic; earnings; Economy; ATP players; COVID19 pandemic; earnings
• ISSN: 2408-0098; 2408-0101; 2408-0101
• DOI: 10.25103/ijbesar.141.04

Purpose: The purpose of this study is to investigate the effects of COVID-19 pandemic on the earnings of tennis professionals. With the COVID-19 pandemic being an unmatched blow to the global economy resulting in one of the largest global recessions in recorded history, it might be expected that some sectors will be hit harder than others. Tennis world was particularly strongly hit, practically stopping for five long months. The corona year provides a unique occasion to revisit the issue of the earnings of top tennis professionals and make comparisons with the normal tennis years. The opportunity to collect the fresh data makes these comparisons interesting and timely.