ITF, Kosmos Resolve Legal Dispute Over Davis Cup Partnership

The International Tennis Federation (ITF) has reached an amicable resolution with Kosmos, the investment group owned by former Barcelona footballer Gerard Piqué, following the abrupt termination of their Davis Cup partnership in January 2023. The ITF had ended the $3 billion, 25-year agreement citing financial contingencies, which led Kosmos to file a lawsuit claiming unjust termination. The partnership, which began in 2018, aimed to revitalize the Davis Cup but faced backlash due to significant format changes that removed traditional home-and-away ties. Despite the controversy surrounding the revamp, which included a shift to neutral venues, the ITF and Kosmos have now resolved their disputes, although details of the settlement remain undisclosed. The ITF expressed wishes for success in future endeavors for both parties. This resolution marks the end of a tumultuous chapter in the history of the prestigious tennis competition.