Before Vickery won the National Junior Championships and was able to play in Grand Slams, she played in International Tennis Federation (ITF) events, and Women’s Tennis Association (WTA) tournaments. Players earn prize money depending on how far they advance. They foot the bill for the majority of their own expenses and travel, as well as the expenses, travel, and fees, of their coaches and agents. Vickery says the tournaments could easily cost thousands of dollars each, so they had to pick and choose carefully, weighing the costs against the opportunities for prize money.
“In other sports, like football, you make money upfront, before you even start the season. So, obviously if it’s that way, it’s much easier to splurge. Tennis, you make money based on how you perform. You don’t really get that opportunity to splurge, because you don’t know how much you’re going to make one week. It fluctuates up and down,” says Vickery.
When Vickery got into the Grand Slams, after winning the National Junior Championships, the money began to change. “In a Grand Slam, you’re guaranteed at least $30,000, in the others, you’re guaranteed around $2,000,” says Liverpool.
Vickery has also been able to earn points in ITF, WTA, and Grand Slam events bumping her world ranking to No. 133, and prize winnings totaling $328,948. This has allowed Liverpool to stop working and travel with Vickery full time.
In addition to her prize money, Vickery has sponsorships from Nike, which provides her with clothes, and Technifiber, which provides her with racquets, and Lagardere Unlimited. The prize money, sponsorships, and ranking, however, have not changed their lives as one might expect, or drastically changed how they live.
“I would say we cover 99.9%,” says Liverpool. “The ballpark figure of what it takes to play tennis at this level is $150,000 to $170,000 a year,” she adds.
“If you’re ranked 100th and below, you’re pretty much breaking even. If you’re ranked 100 or higher, you’re making money,” says Martin Morse, CEO of The MM Group. “Your ability to make money affects your play. If you can’t pay for the best coach, you aren’t going to keep getting better, and break into that top 100,” he adds.
