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One of men’s tennis’ most legendary figures — both on and off the court — is finally calling it a career.
On Thursday, Roger Federer announced that he will retire from competitive tennis after the 2022 Laver Cup, which begins Sept. 23 in London.
From a purely tennis standpoint, the 41-year-old Swiss national has undoubtedly had one of the greatest runs the men’s side of the sport has ever seen.
- Feder has won his signature tournament, Wimbledon, a record eight times.
- His 20 major victories trail only Rafael Nadal (22) and Novak Djokovic (21) for most all-time.
- In the mid-2000s, Federer spent a record 237 consecutive weeks as the No. 1-ranked player in the world.
- He is one of five players to have completed the Career Grand Slam in the Open Era (Djokovic, Nadal, Andre Agassi, Rod Laver).
For his efforts on the court, Federer racked up $130.5 million in prize money — third all-time behind Djokovic ($158.9M) and Nadal ($131.6M).
But as impressive as his on-court accomplishments have been, Federer’s off-court business dealings are just as legendary.
Per Forbes, he was the highest-earning tennis player — and seventh-highest-earning athlete — in the world this year at $90.7 million, despite making just $700,000 on the court due to injuries.
Federer has struck several high-profile endorsement deals over the years — with the most lucrative being his 10-year, $300 million deal with Uniqlo.
And of course, the tennis legend is making waves in the business world with his sizable stake in Swiss running shoe brand, On.
The company, which went public in September 2021, reported record Q2 revenue of $307.3 million in August. This week, the company released a line of running shoes made from carbon emissions called Cloudprime.
On is on track to hit $1 billion in revenue this year.
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