Spanish tennis veteran Feliciano Lopez says tennis players will face significant reductions in prize money when the ATP and WTA Tours restarts. No professional tournaments have been held since March because of the coronavirus pandemic.
Wimbledon has been cancelled, the French Open has been moved to September. Meanwhile, a decision over whether the US Open can go ahead in late August is expected next week.
"We have to understand that tennis is not going to be the same, at least for one, two, three years. I don't know how long," Lopez said on Sunday.
The world No 56 s tournament director of the Madrid Open.
"The companies and the sponsors, they might have to fire employees," the 38-year-old was quoted as saying by the BBC. "This is happening everywhere in the world so the first thing they cut is sponsorship, and this is going to be affecting tennis massively. We need to survive this moment and we need to be united. The players need to understand that it's going to be a significant reduction in the prize money. I see now the scenario where tournaments will survive with a significant reduction in prize money - not only for this year, but also for (the) 2021 season."
Source: Sky Sports