PV Sindhu and Saina Nehwal has been offered a sponsorship deal with Chinese sports brand Li Ning. The Rs 50 crore deal with PV Sindhu made news as being one of the largest such deals witnessed in the world of Badminton.
This is the second deal between PV Sindhu and Li Ning. The first was in 2014-15 with Sindhu getting Rs 1.25 crore per annum. After which Sindhu had signed with Yonex for a period of three years for 3.5 crore per year.
The current deal with Li Ning will be for a period of 4 years where 10 crores will be portioned for equipment while the rest will be for sponsorship.
Sindhu was rated as the seventh highest paid sports woman according to Forbes last year. She rose to fame when she won a silver medal in the Rio Olympics.