Sharapova signs record-breaking advertising deal
Published: 13 January, 2010, 18:17
Edited: 20 August, 2010, 20:58
TAGS: Sport, Sharapova, Tennis, Big deal
Tennis star Maria Sharapova has netted the biggest advertising deal ever for a sportswoman, signing a $70 million contract with Nike.
The eight-year agreement will score the former World No. 1 almost $9 million dollars a year, Bloomberg reported, citing an unnamed source within Nike.
The deal is to take effect this month. It includes a line of dresses designed by the 22-year-old, who will also get a percentage of sales profits.
Nike spokesman Derek Kent refused to comment on the information.
Even before signing the contract, Sharapova was already the world’s best-paid sportswoman and best-paid Russian athlete.
Her new deal may look good, but the tennis queen still has some way to go to catch the biggest earner, Tiger Woods. Nike pays the golfer $30 million dollars a year.
12.01.2010, 13:09
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A nice replacement for Tiger Woods.