Maria Sharapova Loses Major Sponsors After Failed Drug Test
The 28-year-old tennis player has been the world’s highest-paid female athlete for the past 11 years, mostly from her many endorsements.
Nike, TAG Heuer, and Porsche have all announced that they have dropped Maria following the news.
“We are saddened and surprised by the news about Maria Sharapova,” Nike announced. “We have decided to suspend our relationship with Maria while the investigation continues. We will continue to monitor the situation.”
Maria‘s deal with TAG Heuer had ended in December 2015 and the brand was looking to renew the contract, but they are stopping negotiations. “We had been in talks to extend our collaboration. In view of the current situation, the Swiss watch brand has suspended negotiations,” the brand’s spokesperson said.
Porsche has announced that the brand will “postpone planned activities” with Maria “until further details are released and we can analyze the situation.”
Maria‘s punishment from the International Tennis Federtaion has not yet been announced, but a provisional suspension begins on March 12. A positive drug test calls for a four-year suspension, but because Maria unknowingly took a banned substance, the suspension could be reduced.