LONDON: Significant reductions in prize money will be the new reality for tennis players when the ATP and WTA Tours resume, according to Spanish veteran Feliciano Lopez. “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, who should have been preparing to defend his Queen’s Club title next week, said on Sunday. No professional tournaments have been held since March because of the COVID-19 pandemic and the shutdown will continue until August. Wimbledon was cancelled altogether while the French Open has been moved to September. A decision over whether the U.S. Open can go ahead in late August is expected next week. Lopez, who is also tournament director of the Madrid Open, says that even when things return to some kind of normal, prizemoney will be reduced as sponsors try to navigate the economic fallout of the virus. “The companies and the sponsors, they might have to fire employees,” the 38-year-old Lopez 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…. Read full this story
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