In a significant development, tennis legend Roger Federer has reportedly declined a colossal $176.3 million offer tied to Saudi Arabia’s increasing involvement in global sports. This deal was likely related to Saudi Arabia’s push to dominate various sports industries, following their heavy investments in golf, boxing, Formula 1, and now tennis. The Saudi Public Investment Fund (PIF), worth an estimated $650 billion, has been making headlines for securing lucrative deals with top-tier athletes and sports organizations.
Federer’s refusal of this offer reflects his long-standing values and personal ethics. In 2018, Federer similarly rejected a $2 million appearance fee to play an exhibition match in Jeddah. At the time, he cited ethical concerns and the controversy surrounding the Saudi regime, especially following the assassination of journalist Jamal Khashoggi. His decision contrasts with the acceptance of similar offers by fellow players like Daniil Medvedev and Carlos Alcaraz, who have participated in Saudi-hosted events.
This move highlights Federer’s commitment to his principles, even in the face of immense financial gain. At a time when athletes are increasingly drawn to Saudi-backed initiatives, Federer’s choice further elevates his standing as a sportsman who prioritizes values over wealth.
While some ATP stars, including Nick Kyrgios, have embraced Saudi partnerships, Federer’s rejection reinforces his image as a player who continues to set himself apart, even after his retirement from professional tennis.
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