How much money do Professional Table Tennis players make 2024

By Jayson Panganiban March 10, 2024 22:40

Photo by AP Photo/Petros Giannakouris

Professional table tennis has gained popularity worldwide and is recognized as an Olympic sport in more than 200 countries. As with any professional sport, the earnings of table tennis players can vary significantly. In this article, we will delve into the various avenues through which professional table tennis players can make money in 2024.

Tournament Earnings

Prize Money

Professional table tennis players have the opportunity to earn substantial prize money through participating in tournaments. The International Table Tennis Federation (ITTF) introduced a new format for the World Tours with increased prize money, where the annual ITTF World Tour Grand Finals boasts a total prize money of US$1,000,000. Tournaments such as the German Open 2017 offered winners of the Men's and Women's Singles a generous $24,000 USD, while other club tournaments in Australia offered winnings ranging from $350 to $1,000 for Open Singles events.

ITTF World Tour Grand Finals

The ITTF World Tour Grand Finals represents the biggest total prize money event in the ITTF calendar, with invited players competing for a substantial prize pool.

Gender Disparities

While the prize money in professional table tennis tournaments can be significant, it's important to note that gender disparities in prize money still exist, as evidenced by the prize money discrepancies between male and female players in the Cincinnati Open.

Sponsorships

Brand Endorsements

Well-known table tennis players have the potential to secure sponsorships from renowned table tennis brands such as Butterfly, Tibhar, and Stiga. These sponsorships can provide players with financial support and opportunities for brand endorsements.

Coaching

Coaching is another avenue through which professional table tennis players can earn money. Pre-eminent coaches can command handsome fees, with rates reaching $60 to $70 per hour or more for one-on-one coaching sessions.

Sports Administration

A career in sports administration with a master's degree in sports administration can also be lucrative, offering annual earnings ranging from $45,000 to $100,000+.

Major League Table Tennis (MLTT)

Prize Money

The introduction of the Major League Table Tennis (MLTT) in the United States has brought forth an exciting opportunity for professional table tennis players. MLTT offers over $250,000 in prize money, making it the most lucrative table tennis competition in America.

Future Outlook

MLTT represents a significant development in the sport of table tennis, with its innovative team-based format and commitment to engaging fans. The league promises to provide a platform for top players to compete at the highest level and deliver unforgettable moments for fans.

In 2024, professional table tennis players have various avenues to earn money, ranging from tournament prize money and sponsorships to coaching and careers in sports administration. The landscape of professional table tennis is evolving with the introduction of leagues like MLTT, offering players new opportunities to showcase their talent and earn significant prize money. As the sport continues to grow, the potential for professional table tennis players to earn substantial incomes is expected to increase.