TENNIS
What’s Alcaraz’s new potential deal with Nike?
The Spaniard is set to sign a new contract with Nike next year, and he is seeking the best possible terms among all active tennis players.
Carlos Alcaraz, a young and talented tennis player, has set two important goals for himself this year. Firstly, he wants to become one of the top-ranked tennis players in the world by winning major tournaments. Secondly, he wants to secure the best possible contract when he signs with Nike next year.
The Spanish player is aware that his performance on the court will determine the terms of his new contract. Therefore, he is determined to achieve the best results and outdo his competitors in the sport. According to reports in the Spanish media, Janik Siner’s recent contract with Nike, which guarantees him a staggering $15 million per year for 10 years, has served as a big challenge for Alcaraz.
Alcaraz must outperform Siner and other top-ranked tennis players this season to secure the best possible deal. He knows the stakes are high and puts in the hard work and dedication required to achieve his goals.
Regarding the biggest names in tennis, their sponsorship deals are a significant part of their earnings. Novak Djokovic is one of the world’s top players, earning $10 million annually from Lacoste. Similarly, Rafael Nadal receives the same amount from Nike. Over time, the contract amount increases due to inflation, but other factors also come into play.
The Italian and Spanish players are young and have a promising career ahead of them, which means they have the potential to dominate the sport for a long time. As a result, their contracts are likely to be lucrative.
However, Roger Federer still has the biggest tennis sponsorship contract in history. While actively playing, he signed a ten-year deal with the Japanese brand Uniqlo for a whopping $30 million per season. Interestingly, Djokovic wore Uniqlo’s equipment before Federer, but he received only $10 million. Federer’s contract is still active even though he is no longer playing, and various clauses have likely been put in place to resolve this situation.