Tennis Will Be Getting An Extra $25m A Year For Tennis Development.

The Davis Cup can become the one definitive team event in tennis, says the president of the International Tennis Federation.

However, the ATP is planning to hold a revamped World Team Cup in Australia in the first week of January from 2020, five weeks after the first staging of the new week-long 18-team Davis Cup finals.

Despite the ATPs plans for their own World Cup event, Haggerty hopes that, after discussions, the Davis Cup will be able to claim its place as the key team event in the sport.

Federer has already warned that the Davis Cup should not become the Pique Cup , and there may be a clash in years to come between the Davis Cup and the Laver Cup, which is partially owned by Federers management company.

The Laver Cup has thus far taken place two weeks after the US Open, which is a slot the ITF and Kosmos are eyeing for the Davis Cup from 2020.