Astonishing $1.3 Million Reality Emerges as a Hurdle for WTA ‘Marketing Budget’ as Unveiled in a Hard-Hitting Admission

The WTA Finals thunder is just getting bigger! The decision to stage the year-end tournament outdoors in Cancun, which apparently created a huge problem for the players, has now gotten the WTA CEO’s attention. Looking at the way the tournament was organized and scheduled, a lot of questions have been raised, pointing at Steve Simon.

Even though he has been the Chairman and Chief Executive of the WTA for around 8 years now, the increasing fire from players has brought him into the limelight. Even though the competition is now over, their poor choices have come back to haunt them because a new reality worth $1.3 million has emerged.

The WTA controversy finds a new reality

The WTA chairman is already facing a lot of heat for his poor decision-making, which created a problem in the tennis world. And recently, a new reality has come to light that might raise more fingers at their bad decision. In the latest episode of the Rennae Stubbs podcast, Racquet co-founder Caitlin Thompson brought in a comparison of what the WTA CEO is giving to the players and what he is keeping for himself.

She stated, “Steve Simon gets paid $1.3 million a year, not including bonuses, I’m sure that doesn’t include his expenses, et cetera.” On the other hand, the marketing budget of the WTA is just a little more than 1 million dollars. Even after receiving a wholesale salary, Simon was not able to deliver the right work to the players.

As well, there is a huge difference between the marketing budget and Simon’s income that will definitely leave tennis players in shock. She added, “When your CEO makes more than the marketing budget does you better hope that this product markets itself, which as we know, with only eight weeks (Cancun venue announced 8 weeks before the event), it cannot. So, it’s just it’s just sort of like a bad decision over a bad decision over a bad decision.”

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While her decisions were already in controversies, the new reality regarding how much he makes as chairman can lead to his downfall in the future. Nevertheless, just a few days ago, the 67-year-old tennis legend Martina Navratilova talked about how she thinks that after the tour blunder, Simon is unlikely to survive as a WTA chief.

Martina Navratilova believes Steve Simon can be dethroned

The 59-time Grand Slam champion, in a conversation with broadcaster Amazon Prime, talked about how this might be the right time for a change. As the fumes at the WTA don’t seem to slow down, Simon might not be able to keep his position after all the chaos created at the WTA Finals.

She said, “For me personally, this being a woman’s association and being involved for such a long time from the beginning, we’ve only had two women at the head of it.” She highlighted that this time, when we get a new leader it should be a woman, who will understand the story better. In addition, she stated that for Simon to stay in the job might be a little difficult as everyone is pointing fingers at him.

Nevertheless, what do you think about the new reality? Will it dethrone Simon? Do let us know in the comment section below.

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