In the last quarter of 2013, attention turns towards the Australian Open, the first Grand Slam of 2014, which is set to boost its prize money to AUD$33 million, around £19.1 or $31 million.
It will offer the richest purse in Australian sport after an increase of $7 million over the past two years.
The WTA has also announced the appointment of Ryan Sandilands as the regional CEO, Asia Pacific. Sandilands, who will be based out of a new WTA office in Singapore set to open in January 2014, and will be responsible for driving the WTA's growth strategy throughout Asia‐Pacific, including business development, government relations, marketing, operations and media distribution.
BNP Paribas has extended its partnership with the Lawn Tennis Association for a further four years, to remain as an official sponsor of the organisation and the Aegon Championships at Queen's Club.
The ATP and PROSERIES have announced a new partnership in which PROSERIES Ice Wraps become the Official Ice Wrap of the ATP World Tour.
The sports medicine company receives worldwide marketing rights in a two-year affiliation through 2015.
"We're pleased to have signed this agreement with PROSERIES that will further enhance the service we provide to our players in helping them compete at the highest level on the Tour," said Andre Silva, ATP Chief Player Officer.
The LTA's hunt for a new Chief Executive ended on Tuesday when the governing body announced the appointment of Michael Downey as its replacement for the departing Roger Draper.
The announcement coincided with a statement in Canada that Mr Downey will step down as President and CEO of Tennis Canada at the end of the year to take up his new position on 6 January, 2014.
He comes to the UK highly recommended.
Andy Murray shocked fans when it was announced that he will undertake a minor exploratory procedure on his back next week that will probably keep him away from match play for the rest of the season, and also away from the Barclays ATP World Tour Final in early November.
If Murray does play again this year it will be an unexpected bonus, with the Scot certain to be careful over his full recovery after the minor operation he will undergo on Monday.
Great Britain's return to the World Group of the Davis Cup by BNP Paribas will see team GB facing its old rival USA in the first round to be held at the end of January.
The draw ceremony for the 2014 competition was held in London this week by the ITF.
The Davis Cup began as a competition between the United States and Britain in 1900, with the first tie played at Longwood Cricket Club in Boston when the Americans, who won 3-0, were captained by Dwight Davis, who donated the trophy in his one name.
Great Britain's stellar performance in Umag over the weekend is rewarded with a return to the elite World Group of the Davis Cup by BNP Paribas for the first time in five years.
Andy Murray's decision to make himself available for the Aegon GB David Cup Team after a two year absence was key to Britain's success and he won both his singles matches and the doubles for a 3-1 win over Croatia, a score line that Dan Evans' reverse singles dead rubber win took to 4-1.
HEAD Penn Racquet Sports USA posted a record year in 2012 with its best ever sales results for a full year in company history, including a double digit percentage increase for both HEAD and Penn brands.
The company is on target for another successful year, with Penn continuing to dominate the market as America's #1 selling tennis ball and HEAD leading the tennis industry with both its innovative products and exceptional players.
PlayTennis.com, an unbranded collaborative effort from major stakeholders in the tennis industry in the United States is receiving a boost in its reach to consumers.
US TIA President Greg Mason said: "The site, which serves as a rallying point for tennis and the industry, is completely free to both consumers and tennis industry providers to use and serves as a portal to connect people to tennis and keep them engaged with the sport...