The ATP players are reportedly pushing for more prize money payout in Masters 1000 events. Back to back Masters 1000 events will take place in the span of two weeks starting with the Rogers Cup in Toronto and Cincinnati Slated for next week wherein which nearly $7 million in prize money are at stack. However, the ATP Player Council is spearheading a push for more increases in the prize money. The agreements between the organization and the Masters 1000s are up for renewal this year. In 2011, both parties agreed for a nine percent increase every year on prize money.
“We are looking for more, yes,” said Eric Butorac, vice president of the council, in an interview with ESPN.com.
h
That’s because the tournaments grew at more than twice the rate they were expected to,” he added. “Even with their 9 percent increase,” he said, “as a total unit, they grew at a 7 percent rate per year.”
For more information on this development, access the ESPN article HERE.
