Nagelsmann was managing Leipzig before joining Bayern Munich as you know. Therefore I don't think Tottenham is much of a recession for him.
He wouldn't like to return to an average team again after this big step forward I guess. Tottenham would be another nice option to go for. Maybe Tottenham aren't a team that has a history full of titles. But still they are a really strong team now considering their players in the squad. Kane is their biggest card above all else. But Kane might also think of leaving also after having another season without a title. I don't know if Nagelsmann would be the manager to make Kane think twice about that.
Julian Nagelsmann, that coaching prodigy, no doubt made a splash in the game, especially when he helmed Bayern Munich. Yo, it's clear he's got options on the table, with both Tottenham and Real Madrid eyeing him. But, like you said, Real Madrid is where he'd likely lay his hat. A club with a storied history, it's the dream of many to lead that squad to even more glory. Nagelsmann's got that talent for wrangling stars and their egos, so it's a match made in heaven.
Don't get it twisted, though; Tottenham's got potential too, with Kane as their ace. Nagelsmann could work wonders there, but if it came down to it, he'd probably pick Real Madrid. Either way, we're in for a wild ride with this guy!