Soccer legend Cristiano Ronaldo has signed the largest contract in professional sports history with Saudi club Al Nassr. The deal, which has now been confirmed after weeks of speculation, will pay Ronaldo a staggering $210 million per year for 2.5 years, for a total of over $500 million. This contract comes after Ronaldo’s disappointing performance at the 2022 World Cup and marks a significant rebound for the athlete.

There has been no official confirmation from Al Nassr about the amount of the contract, but previous reports have stated that Ronaldo signed a deal worth $535 million in US dollars. This would include a large signing bonus and the use of his likeness in promotional materials for the team. Al Nassr, based in Riyadh, announced Ronaldo’s joining in a post on their official Twitter account. The announcement reads:

“History in the making. This is a signing that will not only inspire our club to achieve even greater success but inspire our league, our nation and future generations, boys and girls to be the best version of themselves. Welcome @Cristiano to your new home @AlNassrFC.”