Help, I forgot my username and/or password
Managing a tennis tour is a bit like being a player. You have to be competitive but prepared for setbacks. Certainly that is the view of Brad Drewett. Following a successful stint as a player, and an even longer career as a businessman, the current president of the Association of Tennis Professionals (ATP) believes there are many similarities between the two industries.
That said, you don’t need to have played the sport prior to managing the tour, nor does it give you a spring board into the organisation, he says. Despite his experience, Drewett believes “business is business”, and feels lucky to have been given the opportunity to be involved.
“It’s fairly unusual to have someone with a tennis background in the senior management,” he says, speaking from the grounds of the ATP 500 tennis championship in Dubai. “I feel very fortunate to be involved. I love the sport, but I also love the business. To be able to combine the two, I feel very fortunate.”
Of course the last few months have been particularly exciting for Drewett. Though he has held the title of CEO of the ATP's International Group since 1993, it wasn’t until December last year he was appointed president of the non-profit organisation, replacing Adam Helfant. Seeing in the 2012 world tour, he says everything seems to be running smoothly. Not only has the business come out of the economic crisis largely unscathed, but if anything, the industry seems to be in better shape than ever.
“As a sport that relies on sponsorship, we rely on marketing budgets to support us, so when you hear that many marketing budgets are being cut, obviously we were very worried, and kept a close eye on that trend,” Drewett says. “But what was gratifying for us was that... all sponsorships remained intact, which I think is a reflection of how strong our tournaments are in individual markets.”
This in turn, reveals a lot about men’s tennis today, he says.
“Men’s tennis right now is in what I call a golden era, both on and off the court. What is happening on the court is as good as it’s ever been. The quality of play and also the personalities that we have drives core interest in the sport, from the public, from television and from the sponsors. We’re a sport that’s at the top of its game.”
Certainly the figures would have us believe it. According to Drewett, ATP revenues earned from the purchase of television rights increased 30 percent over the last three years, whilst sponsorship of the tour as a whole and of individual tournaments was up by half. Attendance also reached a staggering 4.3 million viewers in 2011, having risen five percent on the year before.
In a bid to keep this up, Drewett says it will be important to maintain the hype around the sport.
Article continued on next page
Kuwaitis to Kuwaitis? Inshallah that will be implemented strictly so we get to see how they work on their own without the help of the expats.. Good luck... more
Monday, 20 May 2013 5:34 PM - chezi
Professionals salaries have droped abrupt ally as well.
Dubai companies local or not, do not pay benefits anymore, many do not pay for the family... more
The MD of CBRE ahead of the CEO's of HSBC & Standard Chartered, the legendary Maurice Flanagan and the Country Chairman of one of the world's largest oil... more
Monday, 20 May 2013 5:35 PM - KJSHappy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more
Monday, 20 May 2013 10:27 AM - Louie TedescoKuwaitis to Kuwaitis? Inshallah that will be implemented strictly so we get to see how they work on their own without the help of the expats.. Good luck... more
Monday, 20 May 2013 5:34 PM - cheziI totally agree with Akbar Al Baker. Trade unions were created with splendid ideas then became political entities and take sides regardless of logics.... more
Friday, 17 May 2013 7:05 PM - N.S.Happy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more
Monday, 20 May 2013 10:27 AM - Louie TedescoIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeKuwaitis to Kuwaitis? Inshallah that will be implemented strictly so we get to see how they work on their own without the help of the expats.. Good luck... more
Monday, 20 May 2013 5:34 PM - chezi
Join the Discussion
Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.
Please post responsibly. Commenter Rules