It's interesting, because what he actually said was
He said: “Obviously it’s a very delicate situation. Women deserve respect and admiration for what they are doing. You know, equal prize money was the main subject of the tennis world in the last seven, eight years. I have been through that process as well so I understand how much power and energy WTA and all the advocates for equal prize money have invested in order to reach that.
“I applaud them for that, I honestly do. They fought for what they deserve and they got it. On the other hand I think that our men’s tennis world, ATP world, should fight for more because the stats are showing that we have much more spectators on the men’s tennis matches. I think that’s one of the reasons why maybe we should get awarded more. Women should fight for what they think they deserve and we should fight for what we think we deserve."
At no point does he say anything derogatory about women, or belittle them.
Although, from the way it is being reported, you would be forgiven for thinking he had.
Interestingly, the other comments by the CEO of Indian Wells where he says women should bow down to men aren't getting half the attention or condemnation