Maria Sharapova – how many millions has she lost?

The Russian athlete failed a drug test

Tennis pro Maria Sharapova has lost her biggest sponsor after failing a drug test.

The five-time Grand Slam champion revealed she tested positive for a banned drug called meldonium, which she said she has been taking since 2006 on the advice of a doctor. However, the drug, which increases exercise capacity, was banned back in January.

Sharapova signed a new contract with Nike, which has sponsored the athlete since she was 11 years old, in 2010 worth $70m, plus a cut on the sales of her branded clothes. However Nike has said it has suspended its relationship with her, adding it was “saddened and surprised” Sharapova tested positive for a banned substance.

Another previous sponsor, Tag Heuer, was in talks with Sharapova to extend its contract, however, it has decided to cease negotiations.

Sharapova earned nearly $30m in 2015 from winnings and endorsements, making her the world’s highest paid female athlete, according to Forbes.

Of her earnings, $23m was made up of sponsorship, with $6.7m in winnings.

She also holds contracts with Evian, Porsche, Head and Avon, according to her website.

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