Billionaire Indian Wells owner faces heat for – Sports News
A former tennis star is bashing the owner of Indian Wells for Aryna Sabalenka and Jannik Sinner’s prize money.
Sabalenka defeated Elena Rybakina in three units whereas Jannik Sinner took down Daniil Medvedev, with the 2 winners taking home their first Indian Wells trophy. And whereas the accomplishment is monumental in and of itself, former tennis star Sam Querry believes the 2 stars ought to have been awarded more money.
Querrey, a former Grand Slam semifinalist, took umbrage with what Sabalenka and Sinner have been taking home, evaluating it to what gamers made previously. His critique comes after it was revealed that the 2 would face a hefty tax invoice attributable to tax laws.
“[Jannik] Sinner and [Aryna] Sabalenka for successful Indian Wells each bought $1.15 million. I’m satisfied they need to get $3 million,” Querrey said on the latest episode of the Nothing Major Show. “The players are underpaid, I believe they should be getting closer to $3 million for winning that.”
He added, “The semifinalist of the boys’s match this yr bought much less than they did 5 years in the past. Now there’s more in some of the early rounds, however nonetheless.”
Computations done by Tennis Head revealed that Querrey’s statement was partly correct. In 2021, Indian Wells winners Cameron Norrie and Paula Badosa took home $1.2 million, while this year, Sabalenka and Sinner were awarded $1.15 million for their wins.
Overall, the outlet reported that the champion and finalist took home a combined $86,010 less this year than five years ago. Sinner’s prize money was $58,350 less than what Norrie pocketed a half decade ago, while Medvedev’s $612,340 is $27,660 less than Nikoloz Basilashvili’s take-home ($640,000).
Of note, Larry Ellison, the owner of Indian Wells, has a reported net worth of $198.3 billion. That number fluctuates, though some outlets listing Ellison’s web value at north of $200 billion, making him one of the wealthiest people in the world.
With the tournament taking place in California, an additional seven percent state income tax is applied. Sabalenka, in particular, is not a US citizen and is subject to the same 30 percent withholding of gross income for foreign athletes.
Despite the loss of prize money, Sabalenka explained what she planned to do after her win. “Well, I assume a couple espresso martinis, in all probability, and Five Guys to go. Basically, that is why I’m by no means in good condition, as a result of it is Five Guys and espresso martinis in celebration!” she fortunately advised reporters.
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