Maria Sharapova's $50m deal after the Russian athlete
admitted to using a banned drug. The WTA ranked World
No. 7 admitted in her press conference yesterday that she
had been using performance enhancer drug meldonium for
the last 10 years as part of a doctor's prescription for
health issues and didn't know it was banned by the World
Anti-Doping Agency in December.
athlete, making as much as $20m in 2015 alone, might lose
her other lucrative contracts with Tag Heuer, American
Express, Porsche, Evian and Avon.
In a statement, Nike said:
“We are saddened and surprised by the news about
Maria Sharapova. “We have decided to suspend our
relationship with Maria while the investigation
continues. We will continue to monitor the
situation.”
Sharapova, a five-time Grand Slam champion now faces a
ban of up to four years which would end her career as a
professional athlete.
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