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cynicalspacecactus t1_j2zfbej wrote

The WTA had made a 10 year deal to hold the WTA Finals in China, after a significant monetary commitment from the Chinese. The WTA gave up on what was a significant income source after the Peng Shuai ordeal.

https://www.nytimes.com/2018/01/17/sports/tennis/wta-finals-china.html

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Dudedude88 t1_j341w4c wrote

I am Chinese. The deal was done to promote tennis in china. The goal was growth. Table tennis, badminton, basketball and football, golf are way more popular. Tennis is seen as a sport for the rich youth. It's the same idea as youth lacrosse or hockey in the states but even less popular. Even in the USA it's a upper middle class sport.

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maniacreturns t1_j2zsm9y wrote

Wow these rich brazilionaires turned down even more billions of dollars.

Yes I understand the times we live, that shit still sucks to type out.

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arejay00 t1_j313b00 wrote

That’s quite a narrow view of the world. There are like hundreds of normal working folks who work under WTA and also another thousands who are indirectly related financially to the WTA. The WTA is not just a bunch of rich people.

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Greener441 t1_j2zzwvh wrote

lol, this is such a dumb comment. someone has to make the money. all i hear is people bitch about billionaires without understanding that someone has to make the money if it's not the government. without billionaires things would be drastically more difficult, because billionaires are the ones who actually drive the economy. no billionaires = things are much more expensive and less jobs.

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brosephmayi t1_j3061p7 wrote

So, hoarding wealth creates jobs and makes things cheaper. Interesting, must have missed that day in econ 302 lol

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