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OneVision's Transformative Year On ATP Tour
The 2023 season was a transformational year on the ATP Tour. Here’s a look back at the record growth and progress delivered by ATP’s OneVision plan this season.
More than $50m in new money flowed to players in 2023, the largest increase ever. That included $22m growth in performance bonuses, $18.9m in prize money increases and a $9m increase in prize money awarded at ATP Challenger Tour level.
The number of players eligible for Performance Bonus increased from 12 to 150 this year. This includes a $20m 1000 Bonus, a brand new $1.3m 500 Bonus, and a new 50-50 profit sharing distribution of $12.2m.
Attendance at ATP Tour events topped 5 million in 2023, with 22 tournaments reporting record numbers.
Next season will see the introduction of Baseline, a game-changing compensation model that provides financial assurances to players: Guaranteed Base Earnings will allow them to plan their seasons and invest in their teams. Income Protection will support injured players during their recovery. Newcomer Investment will provide an up-front $200,000 payment for players who break into the Top 125 for the first time.
The number of players benefitting from the Player Pension fund will expand from 165 in 2023 to 300 in 2024, with the forecast contribution jumping from $18m to $25m.
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