Recent reports suggest that Spanish tennis legend Rafael Nadal is in negotiations for a $750 million deal with Saudi Arabia. While the exact details remain undisclosed, sources indicate that this agreement involves promoting tennis in the country and establishing a Rafa Nadal Academy as part of Saudi Arabia’s Vision 2030 sports initiative.
What’s Behind the Deal?
In January 2024, Nadal was announced as an ambassador for the Saudi Tennis Federation, tasked with increasing the sport’s popularity in the kingdom. Some reports estimate the deal’s value between $650 million and $750 million, making it one of the most lucrative endorsements in sports history.
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