More details of new Davis Cup revealed, including prize money pot

Davis Cup France celebrations

ITF President David Haggerty has revealed more details about the new Davis Cup format, including a $20million prize fund.

The tournament will be renamed to ‘The World Cup of Tennis’ from 2019 and played over just one week.

The plans have been met with a mixed reception, but Haggerty insists there is plenty to be excited about.

“[It’s] a meaningful amount”, Haggerty said of the prize fund. “Everyone appreciate it and love that they can represent their country on court.

“The calendar of the Tour is very hard, there is no doubt about it’, he admitted, ‘so reducing it to a week will help.

“We think that it’s a great opportunity so that Davis Cup becomes prioritary for players when it’s time to make their schedule.

“I heard Rafa [Nadal] saying the other day that it’s a good initiative, so it’s fantastic, and Novak [Djokovic] was always committed to the Davis Cup and supported it, as well as many other players.

“The tournament will keep the Davis Cup’ essency, because at the bottom of World Group there will be the same ties’ system, playing home and far away.

“Again, Davis Cup has a very important history and now we are ahead of the chance to write a new chapter.”