Double whammy for Sharapova

Maria-SharapovaMaria Sharapova who failed a drug test has been hit hard on financial front too. Sports company Nike has suspended its relationship with Maria Sharapova hours after she dropped a huge bombshell onto world of tennis. As a sign of what the scandal could mean for Sharapova’s mass of endorsements, she lost her most lucrative deal – a $70million contract with sportswear maker Nike. On Tuesday morning, Swiss watchmaker TAG Heuer said its deal with Sharapova will not be renewed

Medaram Jathara

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