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Athletes turn to business in second acts

What's happened

Athletes from tennis to football are expanding into business ventures after retirement. Maria Sharapova and Rafael Nadal are building portfolios in health, hospitality and education, underscoring a trend of athletes leveraging fame into long-term ventures. Nadal's Zel Hotels and Sharapova's Sugarpova highlight a shift toward diversified brands.

What's behind the headline?

Analysis

  • The pieces collectively illustrate a trend of elite athletes formalising post-retirement strategies rather to rely solely on prize money.

  • Sharapova highlights deliberate upskilling during breaks; Nadal demonstrates brand-building through partnerships (Meliá) and a staged hospitality expansion.

  • This trend could push other athletes to invest early and seek diverse income streams, potentially influencing sponsorship, governance and media rights dynamics.

  • Forecast: more players will pursue structured business ventures parallel to or immediately after retirement, accelerating athlete-led entrepreneurship across sports.

  • Context: high earnings in peak years do not guarantee long-term financial security; brand diversification is increasingly essential for lifetime sustainability.

How we got here

The articles show former stars planning second careers while still active in the public eye. Sharapova has built a business portfolio alongside sport, including internships and a Harvard course, while Nadal has launched Zel Hotels with Meliá, and is expanding into hospitality and education.

Our analysis

Business Insider UK, CNBC reports on Sharapova and Nadal, CNBC Meets and articles detailing Nadal’s Zel Hotels and the prize money discussions in tennis.

Go deeper

  • What’s next for Sharapova’s post-retirement ventures?
  • Will Nadal’s hotel portfolio influence prize money and sponsorships in tennis?
  • How are other athletes approaching second careers in light of these examples?

More on these topics

  • CNBC - Television channel

    CNBC is an American pay television business news channel that is owned by NBCUniversal Worldwide News Group, a division of NBCUniversal, with both being ultimately owned by Comcast.

  • Tania Bryer - British television host

    Tania Bryer is a British broadcaster who is affiliated with global television network CNBC. She is host and executive producer of the series CNBC Meets with Tania Bryer and is a regular presenter of The CNBC Conversation.

  • Rafael Nadal - Spanish tennis player

    Rafael "Rafa" Nadal Parera is a Spanish professional tennis player currently ranked world No. 2 in men's singles tennis by the Association of Tennis Professionals.


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