PV Sindhu World's Seventh Highest Paid Female Athlete: Forbes

Forbes is well-known for its lists and rankings and now it has come up with a well-researched list of the highest paid female athletes of 2018. India’s elite badminton player, PV Sindhu, is the seventh ‘Highest Paid Female Athlete’ for 2018 as ranked by the magazine.

Sindhu is the only Indian to be featured on the list. Forbes released its annual list on Tuesday (Aug 21).

Her position holds a unique distinction as Sindhu is also a non-tennis player featured on the list. Eight of the top 10 highest earning female athletes are tennis players. PV Sindhu and Danica Patrick are the only two athletes who do not hail from a tennis background.

Also: PV Sindhu, Smriti Mandhana In Forbes 30 Under 30 Asia list

According to the Forbes, the 23-year-old's total earning stands at $8.5 million. Her primary sources of income include badminton championships and her endorsements.

“The Indian badminton player burst on the scene with a silver medal at the 2016 Summer Olympics. She was the first Indian female athlete to win a silver. The 23-year-old has a robust sponsor roster with Bridgestone, Gatorade, Nokia, Panasonic, Reckitt Benckiser and a half-dozen other brands,” writes Forbes.

As per the Forbes article, Sindhu earns $8.5 million per year. Of this, her prize money amounts to $500,000 and endorsements stand at $8 million

The trend of endorsements is becoming more common nowadays. More than sports, female athletes' sustenance largely depend on endorsements.

Tennis player Serena Williams tops the list for a consecutive year in 2018. 23-time Grand Slam Champion Serena Williams emerged on the list with a total earning of $18.1 million.

In June, the Forbes released rankings of the world's top 100 highest earning athletes and it did not feature a woman. Not a single woman was ranked among the world's 100 highest-paid athletes and the list was totally dominated by men.

Also Read: Three Female Sportspersons Among Forbes India 30 Under 30 List

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Deepali Is An Intern With SheThePeople.TV