You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Meena Ariff
Rising American tennis player Michael Zheng is creating a buzz at the Australian Open but now faces a complicated situation with his prize money. The 21-year-old college student, who hasn’t yet turned professional, stunned many by defeating former quarter-finalist Sebastian Korda in a thrilling five-set first-round match.
Zheng’s incredible performance at Melbourne Park has already earned him at least A$225,000 (approximately US$150,000), with the prize set to rise to A$327,750 if he wins his next match against the 32nd seed, Corentin Moutet.
Despite the impressive earnings, Zheng could be forced to return most of the prize money due to strict US college tennis rules. These rules cap the amount of prize money college athletes can keep at US$10,000 per year in order to maintain their amateur status.
Zheng, who is in his senior year studying psychology at Columbia University, said, “I have one more semester left at school, which I definitely plan to finish. After the tournament, I’ll be going back to my studies.”
He also mentioned plans to talk with his coach about the prize money situation. “I’ve heard that since it’s my senior spring, there might be a chance to keep some of it, but I want to be sure before accepting anything. I don’t want to get in any trouble.”
This situation highlights the tough balancing act many talented college athletes face when competing at the highest levels before turning pro. For now, Zheng is focused on his matches and hopes for a successful run while keeping his education on track.
PM Modi Pays Tribute to Mahatma Gandhi, Urges People to Support Khadi
PM Modi pays tribute to Mahatma Gandhi on Gandhi Jayanti and urges citizens to support Khadi and the
Amazon Seeks to Offload $8 Billion in Nvidia Chips to Investors
Amazon plans to move $8 billion in Nvidia chips to investors, using a new financing model to strengt
Samsung Raises Galaxy S26 Prices as Memory Chip Costs Rise
Samsung raises Galaxy S26 prices in South Korea as rising memory chip costs put pressure on smartpho
Lewis Hamilton Calls Singapore Grand Prix One of F1's Toughest Races
Lewis Hamilton discusses the demanding Singapore Grand Prix and brings Plus44 and Almave to Singapor
Denmark's Pandora Opens World's Largest Jewellery Factory in Vietnam
Pandora opens its largest jewellery factory in Vietnam, expanding global production, strengthening s
Gautam Gambhir Questions Batting-Friendly Pitches After India's Record ODI Chase
Gautam Gambhir questions batting-friendly ODI pitches after India’s record chase, calling for a bett