Cristiano Ronaldo has signed one of the most lucrative contracts in sports history.
The 40-year-old Portuguese striker has signed a two-year contract extension with Saudi Arabian side Al-Nassar worth $675 million along the will pay him approximately $670,000 per day, according to The Sun.
On top of that, he netted a signing bonus worth over $33 million, which jumps to $52 million if he triggers the second year of his contract.
Ronaldo was also given a 15 percent ownership stake in the club Al-Nassar, which is estimated to be worth over $45 million. When all of the bonuses and incentives are added up, Ronaldo will be able to earn over $685 million.
There’s more than money to the deal: the superstar forward will have 16 employees working for him and his family, all paid by Al Nassar. He will also have private jet access during the entirety of his contract.
Many believed that Ronaldo was on the way out at the end of the season after he posted a cryptic message on X on May 26: “This Chapter is over, the story? Still being written. Grateful to all.”
He nodded to that post in an update on Thursday announcing the extension.
“A new chapter begins,” he wrote on social media. “Same passion, same dream. Let’s make history together.”
Many thought Ronaldo would try to join a team competing in the Club World Cup.
However, those sentiments seemed to have shifted after Portugal won the UEFA Nations League final against Spain on penalties.
“The ambition I feel has no finish line. It is consistency, commitment and collective work that will make us better. And that is the task I am working towards. We are starting a new chapter!” he said, according to Portuguese outlet Record.
The only championship Ronaldo helped Al-Nassar win was the Arab Club Champions Cup in 2023.
But the lack of results on the pitch for Al-Nassar has not been Ronaldo’s fault. He has scored 93 goals in 105 matches with the club, which would be enough to win the Saudi Pro League Golden Boot twice.
With Ronaldo locked into a contract for two more years, it’s a question whether Al-Nassar can make a push for its first SPL title since signing the star in 2022.