Kia has signed a $107 million deal to extend its 22-year partnership with Tennis Australia for another five years, the biggest sports sponsorship deal in Australian history.
After a challenging few years hit by COVID, Tennis Australia has banked a $20 million-a-year bump to its bottom line, with 22-time Grand Slam winner Rafael Nadal launching the extended partnership on Tuesday at Melbourne’s Federation Square.
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Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.