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Federer’s $300m Uniqlo deal shows that tennis sponsors are missing a trick

by The Editor
July 8, 2018
in Sports
0
Federer’s $300m Uniqlo deal shows that tennis sponsors are missing a trick

On the eve of Wimbledon, mens tennis news was again dominated by the same old names: Andy Murrays late withdrawal, Novak Djokovics re-built serving action, Rafael Nadals lack of grass-court preparation and, of course, Roger Federers bumper new kit deal with Japanese brand Uniqlo.

This is no surprise to the casual fan, for the Big Four in mens tennis – regardless of Murray and Djokovics current rankings – are so entrenched in the tennis psyche that serious consideration to whom may one day replace them has yet to take place. But the times they are a changing.

Federers deal with Uniqlo, worth a reported $300m, may prove to be good business, but even for the greatest player of all time securing a 10-year deal at the age of 36 is some coup.

Read more: Wimbledon to serve up highlights packages using IBM AI technology

However, whats undoubtedly a huge win for Federer should cause concern for the men and women in charge of developing the game, because it points to a lack of younger contenders worthy of receiving a much smaller pay cheque, with the promise of greater things to come.

In a surprising show of self-awareness, the ATP Tour has invested a not inconsiderable amount of time and money in trying to address these concerns and allay fears that the sport is danger of a fallow period for talent.

This willingness has manifested itself in the #NextGenATP, a programme that aims to shine a light on the best players aged 21 and under. Culminating in a season-ending tournament, it mirrors the senior players ATP Tour Finals but with a combination of courtside innovations and rule changes designed to grab the attention of a younger audience.

Its fair to say the approach has had mixed results thus far, garnering huge criticism for the shockingly sexist NextGen Finals draw last season, and also receiving damning assessment from tour veteran Fabio Fognini, who slammed the perceived favouritism shown towards NextGen athletes at this years French Open.

To its critics then, the #NextGenATP is a false attempt to build up players who simply dont possess the required skill to match or replace the old guard. Yet the numbers dont lie, and a simple look at the stats should cause enough concern to understand why theyve taken this action.

Federer, Nadal, Djokovic and Murray are first, second, third and fourth on the all-time list of career prize money, and if sport is built on rivalry and competition, the recent period of unequalled consistency in mens tennis is hard to beat. Nadal and Djokovic have played each other 51 times alone, victories split 26-25 in the Serbs favour, with the players regularly producing the kind of matches that fans, broadcasters and sponsors dream of.

Teenager Stefanos Tsitsipas is among the rising stars on the men's tour (Source: Getty)

Yet despite their individual brilliance and collective pulling power, the Big Four cant go on forever. Names such as Stefanos Tsitsipas, aged 19 and ranked 35th in the world, Frances Tiafoe, aged 20 and ranked 52nd, and Felix Auger-Aliassime, aged just 17 and ranked 152nd, may lack of current media profile of the current crop, but possess the game, looks and attitude to flourish both on and off the court.

Time will eventually defeat even Federer but, with the ATP Tour announcing record attendance levels at its most recent Finals in London and Amazon outbidding Sky for the exclusive TV rights to the Tour, they are rightly keen to keep the momentum going and supporting the next generation of players is the only way to go.

There is, then, unrealised potential in the market for a forward-thinking sponsor. Next generation athletes who are social media-savvy alongside a helping hand from a governing body in need of new stars points to a clear opportunity at a far lower investment level.

So, although the old guard wont go down without a fight, its a matter of when, not if, the Big Four finally depart and when they do the fight for supremacy will be played out as fiercely by competing sponsors as the young guns on the court.

CityAM

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On the eve of Wimbledon, mens tennis news was again dominated by the same old names: Andy Murrays late withdrawal, Novak Djokovics re-built serving action, Rafael Nadals lack of grass-court preparation and, of course, Roger Federers bumper new kit deal with Japanese brand Uniqlo.

This is no surprise to the casual fan, for the Big Four in mens tennis – regardless of Murray and Djokovics current rankings – are so entrenched in the tennis psyche that serious consideration to whom may one day replace them has yet to take place. But the times they are a changing.

Federers deal with Uniqlo, worth a reported $300m, may prove to be good business, but even for the greatest player of all time securing a 10-year deal at the age of 36 is some coup.

Read more: Wimbledon to serve up highlights packages using IBM AI technology

However, whats undoubtedly a huge win for Federer should cause concern for the men and women in charge of developing the game, because it points to a lack of younger contenders worthy of receiving a much smaller pay cheque, with the promise of greater things to come.

In a surprising show of self-awareness, the ATP Tour has invested a not inconsiderable amount of time and money in trying to address these concerns and allay fears that the sport is danger of a fallow period for talent.

This willingness has manifested itself in the #NextGenATP, a programme that aims to shine a light on the best players aged 21 and under. Culminating in a season-ending tournament, it mirrors the senior players ATP Tour Finals but with a combination of courtside innovations and rule changes designed to grab the attention of a younger audience.

Its fair to say the approach has had mixed results thus far, garnering huge criticism for the shockingly sexist NextGen Finals draw last season, and also receiving damning assessment from tour veteran Fabio Fognini, who slammed the perceived favouritism shown towards NextGen athletes at this years French Open.

To its critics then, the #NextGenATP is a false attempt to build up players who simply dont possess the required skill to match or replace the old guard. Yet the numbers dont lie, and a simple look at the stats should cause enough concern to understand why theyve taken this action.

Federer, Nadal, Djokovic and Murray are first, second, third and fourth on the all-time list of career prize money, and if sport is built on rivalry and competition, the recent period of unequalled consistency in mens tennis is hard to beat. Nadal and Djokovic have played each other 51 times alone, victories split 26-25 in the Serbs favour, with the players regularly producing the kind of matches that fans, broadcasters and sponsors dream of.

Teenager Stefanos Tsitsipas is among the rising stars on the men's tour (Source: Getty)

Yet despite their individual brilliance and collective pulling power, the Big Four cant go on forever. Names such as Stefanos Tsitsipas, aged 19 and ranked 35th in the world, Frances Tiafoe, aged 20 and ranked 52nd, and Felix Auger-Aliassime, aged just 17 and ranked 152nd, may lack of current media profile of the current crop, but possess the game, looks and attitude to flourish both on and off the court.

Time will eventually defeat even Federer but, with the ATP Tour announcing record attendance levels at its most recent Finals in London and Amazon outbidding Sky for the exclusive TV rights to the Tour, they are rightly keen to keep the momentum going and supporting the next generation of players is the only way to go.

There is, then, unrealised potential in the market for a forward-thinking sponsor. Next generation athletes who are social media-savvy alongside a helping hand from a governing body in need of new stars points to a clear opportunity at a far lower investment level.

So, although the old guard wont go down without a fight, its a matter of when, not if, the Big Four finally depart and when they do the fight for supremacy will be played out as fiercely by competing sponsors as the young guns on the court.

CityAM

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