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Maria Sharapova calls news conference to make 'major announcement'

Maria Sharapova calls news conference to make 'major announcement'
Maria Sharapova of Russia gestures to the crowd after losing to Serena Williams in a quarterfinal match of the Australian Open on Jan. 26. (Lukas Coch / EPA)

Tennis star Maria Sharapova will hold a news conference Monday to make what her agent called a "major announcement."

The news conference is scheduled for noon at the L.A. Hotel Downtown. There was media speculation Sunday that Sharapova would say she was retiring, but her agent, Max Eisenbud, declined to discuss the subject of the announcement.

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The news conference comes days after Sharapova announced she was pulling out of the BNP Paribas Open at Indian Wells because of a left forearm injury.

She has suffered a string of injuries in recent years, including a right leg injury that caused her to withdrawal from the U.S. Open.

The five-time major champion hasn't competed since losing to Serena Williams in the Australian Open quarterfinals in January.

Sharapova, who is involved in numerous business ventures off the court, is No. 7 in the WTA rankings.

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