Business
Tennis prize money

Tennis prize money

Last weekend Rafael Nadal completed an epic comeback in the final of the Australian Open, winning the 5-and-a-half-hour match and joining home favorite Ashleigh Barty as a 2022 singles champion.

For their efforts, each pocketed $2.875m AUD, equivalent to about $2.06m USD, for a little over 2 week's work (and a lifetime of dedication to tennis of course).

Life's unfair, tennis is worse

Those huge payouts, which often grab the headlines, mask the reality of playing professional tennis for those not fortunate enough to be the best of the best. Data from the male and female tours (ATP and WTA) reveal just how hard it is to make a living.

The 500th highest-earning male tennis player in history has brought in about $1.6m in their career. That sounds like a lot but when you consider the constant travel, coaching and other costs spread over a 10 or even 15-year career, it likely translates into a modest earning, without other income. In the female game that 500th player only won $876k.

By the time you drop out of the top 1000, the numbers get small very quickly. You're the 1500th best ever male player? Congrats on $207k in lifetime earnings. Female? Just $96k.

Good 12 minute video on the topic from the FT, for those interested.

More Business

See all Business
business

Paramount+ wants to look a lot more like TikTok, leaked documents reveal

Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.

According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

The Memorial Tournament presented by Workday - Previews

Starbucks’ CEO, Brian Niccol, made $30.9 million in 2025

That includes $997,392 in expenses related to his use of the company’s private jet.

Barnes & Noble Store

Bolstered bookseller Barnes & Noble is planning a major expansion and potential IPO

One of the hottest IPOs of the year could be a century-old bookstore that Amazon almost killed.

Nathan's Famous restaurant on Coney Island

Iconic hot dog brand Nathan’s Famous just sold for $450 million

Packaged meat company Smithfield Foods has agreed to acquire the historic Coney Island staple — best known for its annual hot dog eating contest — in an all-cash deal.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.