Andrea Gaudenzi Reappointed As ATP Chairman | ATP Tour | Tennis

The ATP has confirmed that Andrea Gaudenzi has been re-elected because the Chairman of the organisation. The Italian has held the place since January 2020 and can now serve a second time period, from 2024 by means of 2026.

Below Gaudenzi’s management the ATP has carried out a few of the most radical reforms in its historical past as a part of the OneVision strategic plan, aimed toward establishing new foundations for the game’s development. Part One, which got here into impact in 2023, has already generated the biggest single-year improve in participant compensation within the organisation’s historical past, with an unprecedented US$37.5 million year-on-year improve throughout the ATP Tour and Challenger Tour.

“It’s an honour to be appointed for a second time period as ATP Chairman, and proceed serving the game that has given me a lot,” stated Andrea Gaudenzi. “I’m pleased with the whole lot we’ve achieved since 2020, throughout a very difficult time for the world. OneVision has strengthened the ATP’s basis, fostering a real partnership between gamers and tournaments. As we enter the second section of our technique, I’m extra satisfied than ever that our sport has enormous upside, and that we’re effectively positioned to reap the benefits of the digital age. Along with the ATP Board and our members, I’m dedicated to creating our imaginative and prescient a actuality within the coming years.”

Enhancements carried out underneath OneVision embrace a groundbreaking 50-50 profit-sharing system that aligns the pursuits of gamers and tournaments. The introduction of expanded 12-day ATP Masters 1000 tournaments has supplied elevated enjoying alternatives and prize cash for extra gamers. In parallel, management, integrity, and member illustration have been superior by means of governance reform. In the meantime, new event class phrases are unlocking unprecedented ranges of funding into infrastructure and document valuations throughout the Tour’s largest occasions.

On the Challenger Tour, important enhancements have elevated the pathway for aspiring gamers. This features a redesigned and expanded calendar, raised event requirements, and document prize cash of $21.1 million in 2023 (+75% on 2022). As well as, the ATP Participant Pension contributions have hit document heights lately, rising greater than 125% in 2022.

Different key achievements in Gaudenzi’s first time period as ATP Chairman embrace, along with ATP Media, the institution of Tennis Knowledge Improvements (TDI) and the long-term aggregation of media rights. TDI, a devoted entity set as much as handle and commercialise knowledge for the Tour throughout a wide range of international markets, most notably together with betting and efficiency, is about to considerably improve ATP’s revenues from 2024 to 2029 while the landmark long-term aggregation of the Nitto ATP FinalsATP 500 and ATP 250 media rights into ATP Media (to take a seat alongside the ATP Masters 1000s) was additionally accomplished this yr.

Wanting forward, Part 2 of OneVision strategic plan goals to boost collaboration and governance throughout the T-7 (ATP, WTA, ITF, and the 4 Grand Slams).

Gaudenzi loved a extremely profitable skilled tennis profession, capturing three ATP Tour titles and reaching a career-high Pepperstone ATP Rating of No. 18. Following his enjoying profession, he obtained a regulation diploma from the College of Bologna, Italy, adopted by a Grasp of Enterprise Administration. Gaudenzi subsequently garnered 20 years of industry-leading experience in entrepreneurial and C-Degree government roles throughout the leisure, tech and gaming sectors, earlier than returning to tennis.

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Revealed : 2023-06-26 10:59:00

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