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jacksonnnyi: German automaker Porsche announced it's also suspending its deal with the 28-year-old Russian-born player. Swiss watchmaker TAG Heuer , whose sponsorship deal with Sharapova ran out at the end of 2015, said negotiations on a new deal are being...
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German automaker Porsche announced it's also suspending its deal with the 28-year-old Russian-born player. Swiss watchmaker TAG Heuer , whose sponsorship deal with Sharapova ran out at the end of 2015, said negotiations on a new deal are being tabled after the announcement. These sponsorship dollars are big deals for athletes who aren't getting massive dollars from team contracts. Forbes ranks Sharapova as the world's highest paid female athlete, bringing in an estimated $29.7 million $23 million from endorsement deals. Sharapova still has several sponsorship deals on the table that have yet to announce their decisions. Still, Sharapova isn't the only Olympic athlete to have sponsors drop out amid controversy. In 2012, sponsors left cyclist Lance Armstrong after evidence surfaced of him doping. Nike, Anheuser-Busch InBev, Trek Bicycle Corp. and more dropped Armstrong. Maria Sharapova celebrates winning the 2014 French Open. Photographer: Matthew Stockman/Getty Images Nike has fanned th
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