Hedge-fund billionaire Bill Ackman pledged a $10 million endowment to the International Tennis Hall of Fame days after his heavily panned pro-doubles debut, saying the fund will pay the organization 5% annually and that he will manage it for free.
What Happened: In a lengthy X post titled "My last post on the International Hall of Fame Tennisgate," Ackman insisted the gift was not a quid pro quo for the wildcard that let him partner former world No. 8 Jack Sock in last week's Hall of Fame Open. "The HOF asked me for nothing and I made no commitments," he wrote, rejecting what he called "bribe" accusations.
