By Shrivathsa Sridhar

BENGALURU (Reuters) -Men’s tennis players will pocket a record $18.3 million in profit-sharing bonuses from the 2024 season, the ATP said on Thursday, as the tour stepped up its efforts to forge a more sustainable and financially aligned future for the sport.

The bonus amount, a 177% increase on the previous season’s payout, will be distributed to players based on performance at the nine ATP 1000 tournaments, which rank just below the four Grand Slams in prestige.

“This is exactly what profit sharing was designed to do: ensure that players and tournaments share equally in the sport’s financial upside,” ATP Chairman Andrea Gaudenzi said.

“The $18.3 million is a huge milestone. For us, it’s proof that strengthening the premium product and aligning interests creates

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