It is a well-known fact that professional athletes get paid well for the sports they play but, some earn more from endorsements than actually playing the sport. The young and dynamic 24-year-old PV Sindhu, after bagging her latest achievement by winning India’s first gold at the BWF World Championships is busy in the selection of new brand endorsement deals. It is reported that Sindhu is keen on choosing credible and long-term partnerships that are not fortuitous only after her massive wins.
Her brand endorsement fee is already Rs 65-85 lakh per day and now her recent achievement will bring a drastic hike of 50-70%. So, this makes Sindhu the highest-paid woman athlete in India. She also commands fees comparable to some leading cricketers. Moreover, the market is always looking for cricketers as their brand ambassadors and Sindhu’s recent triumph makes her a promising candidate.
As per Forbes, Sindhu ranked 13th on the list of highest-paid female athletes in the world. In fact, she is the only Indian athlete to feature in this list. This year, Sindhu scored a Rs 50 crore sponsorship and equipment deal from Li-Ning in February which is the biggest deal in the world of badminton. Annually she earns nearly Rs 35 crore from brand endorsement deals. Her current brands include Bank of Baroda, PNB MetLife, Vizag Steel, Bridgestone, Stayfree, Moov, Nokia, JBL, Gatorade and Panasonic Batteries.
With Sindhu having very high potential as a woman brand ambassador, it is also essential to realize that whenever Sindhu plays on the field, it brings more sales and revenue to the company. And having a popular or a top-ranked athlete is the perfect gateway for these companies to reach targeted demographic