
Tour Players Guaranteed Prize Money Under New WST And WPBSA Initiative - World Snooker
Players on the World Snooker Tour will be guaranteed to earn a minimum of £20,000 during the 2022/23 season, under a new system which offers them security in a difficult economic climate. The initiative will be introduced with immediate effect, with players to be offered payments of up to...
Not quite, but essentially it guarantees that every player will receive GBP 20,000 at least if they are on the professional tour (it is deducted from any winnings, but kept if winnings exceed this amount, so will only affect the lower ranked players).
The money won't last long, but it might help those at the bottom cover expenses etc. and will be a big boost to those starting out on tour!
Its a long way from golf, tennis etc. but is a big step towards professionalism (snooker already is of course professional, but being realistic the lower ranked players all have to work to pay their way, this is the start of a move away from that).