Friday, August 27, 2010

Maria Sharapova Rules as the Top Paid Women in Sports

The world's best tennis players will compete against each other for the final Grand Slam title of the year with US open kicking off at the end of the August. The real action lies off the court when these super sports person signs and become the brand ambassadors for lucrative endorsement deals like apparel, shoes and racket companies.

No doubt Serena Williams is the No. 1 ranked player but she can never match the earning power of Maria Sharapova off the court. All the credit goes to the blue chip companies like Nike, Ericsson, Sony, Tiffany etc who signed Sharapova as their Brand Ambassadors.

As per the sources, Maria pulled in approx $24.5 million over the past year which made her the highest paid female athlete in the world. She earned almost $1 million from the prize money and the rest was derived from appearance fees and lucrative endorsements.

Sharapova's major breakthrough came when she won her first grand slam title back in the year 2004 at Wimbledon. As a result of her success and beautiful looks she signed some major deals with Canon, Palmolive, Colgate and Motorola. Not only this, at the beginning of that year she also signed a eight year contract with Nike which is worth of $70 million.

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