Top tennis players have decided to stop publicly demanding a larger share of revenues from major tournaments now that a Grand Slam Player Advisory Council has been established. This council, announced by the Australian Open, French Open, Wimbledon, and the U.S. Open, will allow players to negotiate directly with the Grand Slams. The players had been pushing for 22% of tournament revenues and had limited media appearances as a form of protest. Although the Grand Slams have not agreed to this percentage, prize money has increased significantly over the past 18 months. The players’ representatives stated that they might resume their campaign if the council does not meet their goals. The Australian Open, French Open, and U.S. Open are run by nonprofit organizations, while Wimbledon is managed by the private All England Club.
QUESTION: How might the formation of the Grand Slam Player Advisory Council change the relationship between players and tournament organizers?
