http://www.prosnookerblog.com/2015/04/29/barry-hearn-announces-home-series-calendar-changes/
Prize money going up
But
“This sport is about ability. I don’t want any barriers, artificial barriers to be up to defeat the object of giving that kid the benefit of his ‘Willy Wonka” golden ticket. That tour card is so hard to earn.
Record numbers are going in Q School this year, nearly 180 players going for eight spots. It’s brutal. But today’s world of commercial exploitation means that if sport is not brutal, it’s not taken seriously. We are now being taken seriously by sponsors and broadcasters across the world.
http://www.prosnookerblog.com/2015/04/23/mount-reflects-on-snooker-journey/
How rough is it financially?
The increasing number of mid to lower ranked players are struggling to make any sort of living, for several reasons.
Firstly their expenses have gone up dramatically. Secondly in the higher earning tournaments they are either severely disadvantaged by the seedings (UK championship especially), or need to
spend a large part of their first round winnings on entry fees, travelling and local taxes in China and other foreign countries where about 20% is taken at source with no allowance for expenses.
Thirdly, the time it takes for prize monies to be paid is scandalous. All of the players who are out of the World Championship will not have a pay day until August, apart from a couple of European Tour events in July and August, and history tells us they don’t make much in them.
Fourthly, they are being asked to enter and pay entry fees and expenses way before the tournaments. With events in China for instance, the gap between paying entries and receiving prize money is over five months.
In short, without any financial support or sponsorship, which has become far more difficult to acquire, it’s difficult financially for these guys to stay on tour.
On the subject of sponsorship there are several big issues.
Most companies will not get involved because of the emphasis on betting companies. It just doesn’t do their company profile any favours.