Rafael Nadal and José María Olázabal jointly promoted the creation of the Olazábal & Nadal Invitational. Held annually in Mallorca, all the profits raised from this Pro-Am go to solidarity projects, both from the Rafa Nadal Foundation and the Sport Mundi Foundation -the Foundation chaired by José María Olázabal-, with the aim of fighting against exclusion social.
In addition to the two athletes awarded the Prince of Asturias Award, top-level professional golfers participate in the tournament, who form two teams captained by Nadal and Olázabal respectively. Carlota Ciganda, Gonzalo Fernández Castaño, Álvaro Quirós, Alejandro Cañizares or Eduardo de la Riva are some of the golfers who have participated in the even.