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23 million dollars each year in extra-sporting income
Tennis icon, Rafael Nadal bows out after 25 years at the highest level. But the Spanish tennis player is not without reservations. He was able to grow his extra-sporting income to the tune of 23 millions dollars each year.
The moving farewell of a star. The king of clay, Rafael Nadal announced the end of his professional career, after a match against the Dutchman Botic van de Zandschulp in the Davis Cup. The Spaniard ends his career after a difficult year where he suffered a series of defeats and injuries. His physique couldn’t hold up. But there is no doubt that Spanish tennis will continue to shine. The young Carlos Alcaraz, already a star on the pitch, has managed to break into the ranks of the best players in the world. By overtaking Novak Djokovic in 2022 and becoming the youngest world number 1 player in history at just 19 years old. If the departure of Rafael Nadal upsets tennis lovers, for his part the tennis player is not without reservations. Throughout his career, he was able to grow his sports and non-sporting business.
A substantial sporting and extra-sporting business
The fortune of the Majorcan athlete is estimated at $220 million according to the magazine Forbes. An amount that ranks him among the highest paid athletes in the world. After his 92 titles, including 22 Grand Slams and 14 Roland-Garros, Rafael Nadal has accumulated nearly $135 million in tournament winnings. With his entrepreneurial spirit, the tennis player did not stop there and was able to take advantage of his notoriety. By becoming a shareholder of numerous companies.
He invested in particular in restaurants which brought him 27 million euros in 2023. A catering project which allowed him to collaborate with great sports figures such as Cristiano Ronaldo and Pau Gasol. To launch a luxury chain of restaurants that enjoyed great success in Madrid, Ibiza and Miami.
Another significant source of income is real estate. He owns various high-end residences and has invested in hotel complexes. Investments often made in partnership with real estate developers ensuring profitability while minimizing financial risks. In addition, he had the opportunity to sign advertising contracts with major brands such as Nike, Babolat, Nintendo, Tommy Hilfiger and the watchmaker Richard Mille. He also takes care of the Rafa Nadal Foundation with his wife where he manages a budget of two million euros. As well as its Tennis Academy where the cost of training reaches 50,000 euros per year for a minor.
What contribution for tennis?
His exploits during tournaments and his unrivaled forehand have allowed the Spanish star to establish himself permanently in the minds of fans. With worldwide fame, tennis has benefited from its positive image. Indeed, his energetic style of play, his determination and his humility on the courts arouse admiration. Values which partly summarize the state of mind that tennis advocates.
Just like Léon Marchand for swimming and the Lebrun brothers for table tennis, Rafael Nadal has influenced a new dynamic. This has allowed tennis to gain a privileged place among other popular sports. And thus increase your chances of finding partners during different competitions.
