Olympic and World Championship silver medallist P.V. Sindhu has signed a four-year sports sponsorship deal to the tune of a whopping ₹50 crore with Chinese sports brand Li Ning. It is close to ₹50 crore for sponsorship and equipment,” Mahender Kapoor, director, Sunlight Sports Pvt Ltd, the multi-national exclusive partner of Li-Ning in India, told PTI. “It will be a deal which is very close to Puma’s deal with Indian cricketer Virat Kohli in terms of yearly sponsorship. Sindhu will get ₹40 crore as sponsorship while the rest will be for equipment, so it is close to ₹50 crore,” Kapoor claimed.

Source: The Hindu February 08, 2019 16:18 UTC