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06 Sep 2020

Roger Federer Ranking No. 1 As the Highest-Paid Tennis Player

We might get into a normalization period while the number of COVID-19 cases decreases but the danger is still there, especially in the US, the country with most cases. To have more grasp over the effect of COVID-19 on tennis, make sure to check out our article: “ What Has Been Going on in the Tennis World since the Coronavirus? As you can imagine, many tennis players decided not to participate in the US Open tournament, one of the most important grand slams in the world, due to the COVID-19 outbreak. While the tournament continued without spectators due to the epidemic danger, this negative development also led to a decrease in tournament rewards.

About 800 tennis players, who are not affiliated with any club and who perform this sport individually, were provided with a fund of 6 million dollars to avoid financial impact from the epidemic.

While these developments are taking place, the sponsorship agreements with high amounts have helped the names that have become icons in tennis with their success, to overcome this period with less damage.

Roger Federer, who was unable to take part in the US Open due to his knee injury, leads the names that earned the most from these agreements. This year he collected 95 percent of his revenue, off the pitch. His majesty, who has signed long-term agreements with different sports product suppliers, has already become the highest-paid tennis player with an income of 106 million and 300 thousand dollars.

Novak Djokovic was the name that followed Federer on the list. Serbian player, which is shown as the biggest favorite of the championship due to the fact that his biggest rivals Federer and Nadal do not compete in the US Open, has earned $44.6 million in 2020. While he has earned $12.6 million of his revenue from tournaments the rest $32 million was from sponsorship agreements.

Rafael Nadal, one of the biggest stars of Spanish tennis, is in third place with an income of 40 million dollars. Rafa has put 14 million dollars in his safe from the tournaments he participated in 2020 and earned 26 million dollars from his sponsors, where he is the face of the brand.

In annual earnings, female tennis players also did not lag behind their male colleagues. Japanese tennis player Naomi Osaka earned $37.4 million in the first 8 months of this year, while she received $34 million of this amount in exchange for sponsorship agreements. American Serena Williams, who has years of experience in the field, is the 5th highest-earning tennis player with $36 million in income in 2020.

The excitement in tennis is back with the first major tournament after the COVID-19 break. Make sure to register for the best betting software and enjoy betting on US Open matches!

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