Tennis Pay Disparity? I Have an Explanation – It’s Geometric

Like in the real world, the income gap between the “haves” and the “have nots” of tennis continue to widen. The disparity actually exists even between the “haves”. I can offer some explanation for this. Geometric progression has something to do with it.

 

A lot has been said about the income disparity between the have and have nots of tennis. I’m just talking about prize money here. The disparity between endorsement money is a whole different ballgame… errr match (since we’re talking tennis here).

Apparently, the disparity exists between the “haves” themselves. The Wall Street Journal ran an article last year regarding the income gap between the 1st and 32nd ranked tennis players, and compared that gap across a variety of professional sports.

Why the number 32? In a tennis grand slam, such as the recently concluded 2015 Australian Open, there are 32 seeded players. The seeded players represent the top tier of the sport. The article is pointing out the disparity even within that top tier. Here is an infographic:

 

Prize money disparity between the 1st and 32nd ranked men and women tennis players
Alexa rankings pay much better. Image cropped from wsj.com

Note: The data from the wsj article is as of August 22, 2014. After the 2015 Australian Open, the no. 1 ranked male and female players are Novak Djokocic and Serena Williams respectively – they also both won the Australian. The no. 32 players are Fernando Verdasco (still!) and Coco Vandeweghe.

 

The article¬†also showed a graphic comparing the incomes (just from playing, endorsements are excluded) of the No.1 up to the No. 32 highest paid players across many professional sports. Continue reading Tennis Pay Disparity? I Have an Explanation – It’s Geometric

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The Australian Open Finalists’ Outfits: The Sponsors Tell You to Buy Them Now!

The 2015 Australian Open Men’s and Women’s Singles Finalists are playing for the championship. Get a piece of the action by wearing their outfits. Don’t know where to buy them and how much they cost? This post will help you.

For two weeks, we have seen tennis players at the 2015 Australian Open wear the same outfits over and over again. There’s a reason for that. There’s also a reason why those clothes (or variations of them) are available in stores now. That reason is for you to buy them. That’s marketing for you.

Some outfits looked great. Some outfits looked hideous. At the end of the day (or tournament in this case), only the outfits of the tennis stars matter. That’s why they are paid the big bucks.

Federer and Nadal obviously got the best kits from Nike. Does anyone want to buy the outfits that handed Roger and Rafa early eliminations? Nah, I’ll pass on those. I’m buying what the winners were wearing.

Here are the outfits of the 2015 Australian Open Men’s Singles finalists, where to buy them, and how much they cost:

Novak Djokovic

Novak Djokovic's Uniqlo ensemble for the 2015 Australian Open Tournament
Among a sea of look-at-me outfits, Novak’s kit looks refreshingly normal and relatable. Image from Quinn Rooney/ Getty Images

 

Buy the shirt at Uniqlo for US$ 49.90. The white version which Novak also wore is also available for the same price. (see 9983:JP latest stock information)

Novak Djokovic Australian Open 2015 Shirt
Look, it says low stock. Image from uniqlo.com

Continue reading The Australian Open Finalists’ Outfits: The Sponsors Tell You to Buy Them Now!

Opportunity: Australian Open 2015 Finals

Novak Djokovic vs. Andy Murray and Serena Williams vs Maria Sharapova, the Australian Open Singles Finals will surely be exciting. Who’s more excited?…

I am, because I’ll have the opportunity to write investment related posts about the Australian Open and the players involved.

Australian Open 2015 Logo
Finance MD goes (virtually) to Melbourne for the Australian Open Men’s and Women’s Singles Finals. Image from Australian Open official website

 

For more information about the ongoing Australian Open tournament, visit its official website.

If you’re interested, I also wrote investment related posts about the recent Miss Universe and the Papal Visit to the Philippines.