World No.1 badminton player Saina Nehwal is presently on cloud nine! There are two reasons for that, one she regained the top ranking and second the ace shuttler signed a new deal with
IOS also manages sportspersons such as boxers Mary Kom and
Nehwal endorses brands such as
Neerav Tomar, managing director and chief executive of IOS Sports, said his firm has been working with Nehwal for the past few years but only on one-off deals. "Now we have signed up to work exclusively with her. She is the world No. 1 now and she needs a bit of management and backing now," Tomar said.
On Thursday, she moved to rank No. 1 in the women's singles category of the
The 25-year-old is now one of the highest paid woman athletes in India. Boxer
So far, Saina was managing her endorsement deals herself. IOS Sports had recently signed a three-year, Rs 35-crore contract with
With her at the top of the rankings again, Nehwal's brand value is likely to improve and so will her ability to charge higher.
Tomar said the deal with her to get Rs 25 crore in two years would depend on her performance at the 2015 Rio Olympics as well as her ability to maintain her No. 1 ranking for as long as possible in this two year period. "We want to grow both her portfolio and pricing," he said.
(Image: Indiatimes)