Indian shuttle dealer and equipment deal for four years from Li Ning
Sindhu was ranked No. 7 on Forbes highest earning list last year.
new Delhi. Badminton player PV Sindhu has made a deal worth Rs 50 crore and sponsorship deal with Chinese company Li Ning. The deal is for four years. Leung's Indian partner company Mahendra Kapoor says that this deal with Indus is one of the biggest deals in Indian badminton. Earlier, Li Ning also signed a contract of Rs 35 crore for four years with Kidambi Srikanth, the male badminton player of India.
Four years ago, the contract was 1.25 crore rupees
This deal from Sindhu is equal to Virat Kohli's deal with a sports company in 2017. Then Kohli signed a contract worth Rs 100 crore for eight years. Which is about 12.5 rupees annually. Sindhu, who won medals in the Olympic and World Championship, is among the world's top badminton players. Li Ning had tied up with Indus before 2014-15. The contract was then worth 1.25 crore rupees.
P Kashyap deals in 8 crores
Apart from Sindhu, Li Ning has signed a two-year deal with Parupalli Kashyap, who won gold and silver medal in the Commonwealth Games by Manu Dutri and B Sumit Reddy's Mens Doubles pair, and eight years into the Commonwealth Games.
Li Ning also signed with IOA
The Chinese company has also entered into a two-year deal with the Indian Olympic Association (IOA). Under this, the company will provide kit and footwear for the competition and training to Indian players and officials for the 2020 Tokyo Olympics.