Federer Beats Nadal in Korean Cash Grab
Don’t look know but Roger Federer’s won three straight over his chief rival Rafael Nadal. You of course remember the Wimbledon showdown back in July, and then Fed’s convincing straight setter last Saturday in Shanghai. But what you may not have noticed – or even wanted to notice – was that Fed beat Rafa in an exo match yesterday in South Korea.
Federer and Nadal met in Seoul, South Korea with the Swiss coming away with 6-3, 3-6, 6-3 victory. While the match doesn’t count in the record books it surely counts in the wallet for all parties involved.
With all 4,000 seats sold out per event organizers, Sema Sports Marketing, someone made some cash. At roughly $100 per ticket (they run $85 to $135) that’s about $400,000 in revenue for the organizers just from tickets.
Figure Roger picked up $200,000 to show up from Sema Sports, Nadal maybe $150,000, that leaves $50K after ticket sales for the organizers (400K – 350K = 50K). But then there’s revenue from sponsor sales and other outlets (TV?), which could be in the six figure range. Of course in addition to the players there’s other expenses, too – facility, promotions, insurance, charities (they gave 50K back), etc – but I’m guessing there was fair bit of money made.
This wasn’t the first time the tennis cash grab tour visited Korea. Last year it was Maria Sharapova and Venus Williams playing in the exo, picking up some extra coin. Common link among the four players is IMG who represent the financial interests of Maria, Venus, Roger and Rafa and of course themselves! You have to figure they got a healthy cut as well.
Guess Christmas really did come early for some.
Also Check Out:
Tennis-X Contest: Pick the 2009 Year-end Men’s Top 10
Borg Makes Official Senior Tennis Appearance This Week
Nadal, Federer Falter Setting Up ‘Loser Bowl’ Saturday In Abu Dhabi
Bryan Brothers On Court with Pat Cash [Video]
Novak Djokovic Dances Gangnam Style After Beijing Title [Video]