Big Three Dominance

Source: Statista

A lurking knee injury, a global health crisis and a wayward tennis ball fired in frustration – that’s what it took to end one of the most remarkable streaks in tennis history at the 2020 US Open. Following Novak Djokovic’s shock default for hitting a lineswomen, the US Open semifinals marked the first time since 2004 that neither of the “Big Three”, i.e. Roger Federer, Rafael Nadal and Novak Djokovic, featured in the round of the last four at one of tennis’ biggest occasions. Back then, three Argentinians (David Nalbandian, Gastón Gaudio and Guillermo Coria) and one Englishman (Tim Henman) had reached the semifinal of the French Open and little did we know that it marked the dawn of a new era in men’s professional tennis.

In the end, Dominic Thiem emerged victorious from last year’s US Open, putting an end to a remarkable streak that saw Djokovic, Nadal and Federer win 13 consecutive Grand Slam titles between them, after Stan Wawrinka had become the last player to break through their dominance in 2016. Things quickly returned to “normal” after Thiem’s maiden Grand Slam title, however, as Novak Djokovic came back to win the first three majors of 2021 before losing the US Open final to Daniil Medvedev.

As the following chart illustrates, the Big Three won 60 of the past 75 Grand Slam tournaments, with Andy Murray and Stan Wawrinka the only other players to notch multiple (i.e. three) wins during the triumvirate’s decade-spanning reign over tennis’ most prestigious events. With Federer, Nadal and Djokovic all tied at 20 Grand Slam titles, Djokovic, the youngest of the three at 34, looks most likely to end up with the most titles of any male player when the “Age of the Big Three” eventually ends.

The World’s Highest-Paid Female Athletes

Source: Statista

Following a build-up overshadowed by the Novak Djokovic saga, the actual tennis part of the Australian Open kicked off on Monday. Aside from the year’s first Grand Slam title and plenty of ranking points, the players are also competing for a lot of money down under, with the winner’s purse for both men’s and women’s singles standing at $2.875 million this year.

Tennis is one of the few sports in the world with equal prize money (at least at Grand Slam level), which is part of the reason the sport has dominated Forbes’ list of the highest paid female athletes over the past few years. While this year’s list is more diverse in terms of sports than last year’s edition was, when 9 out of 10 highest-earning female athletes were tennis players, 4 of the 5 top spots are still taken by tennis players.

Naomi Osaka may not have had her best season last year, but she was still the highest-paid female athlete by far, with only Serena Williams coming even remotely close. While making a relatively modest $2.3 million on the actual tennis court (mainly thanks to her Australian Open triumph), Osaka’s off-the-field earnings climbed to $55 million thanks to lucrative deals with brands such as Nike, Louis Vuitton and Tag Heuer.

The discrepancy between on-court performance and off-the-field earnings was even starker in Serena Williams’ case, who only played six WTA Tour events last year and still made $45 million from endorsement deals (e.g. Nike, Gatorade and DirecTV) and numerous other investments.

As the following chart illustrates, Osaka and Williams are in a different league financially compared to their fellow female athletes, but none of them made the top 10 in Forbes’ highest paid athlete list, with Osaka ranked 12th and Williams 28th. Even more notable is the fact that no other female athlete even made the top 50 of the overall list, highlighting the wide gap persisting in terms of athlete pay.