Sport: New Team, New Rules

"Amateur tennis stinks—there's no money in it any more." With this overhead smash, 21-year-old Frank Kovacs, second-ranking tennist in the U.S., turned pro last week. So did 23-year-old Bobby Riggs, U.S. No. 1. For 22 weeks, starting Dec. 26 in Manhattan's Madison Square Garden, Riggs and Kovacs will barnstorm 80 U.S. cities—along with Oldtimers Don Budge and Fred Perry.

Promoter of this year's tour is Yaleman ('36) Alexis Thompson, heir to a $5,000,000 steel fortune. To professional tennis he has brought a sound innovation. In addition to a flat guarantee, each of the four players will be paid according to his performance....

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