Vinesh Phogat’s Endorsement Fee Jumps To INR 1 Crore After Paris Olympics

Before the Paris Games, Vinesh Phogat was earning around INR 25 lakh per endorsement deal. Now, her fee has surged to between INR 75 lakh and 1 crore per deal, reflecting her increased brand value and market demand.

Vinesh Phogat’s Endorsement Fee Jumps To INR 1 Crore
by Ananya Ghosh - August 21, 2024, 6:57 pm

Indian wrestler Vinesh Phogat’s journey at the 2024 Paris Olympics took a dramatic turn when she was disqualified from the women’s 50kg freestyle final due to a weigh-in issue. Despite her disqualification for being over by just 100 grams, Phogat’s performance has sparked a significant increase in her market value as a brand ambassador.

Disqualification and Court Battle

Vinesh’s hopes for a medal were dashed when the Court of Arbitration for Sport (CAS) upheld her disqualification. Her elimination from the event, despite her advancement to the final, left many in India heartbroken. However, Phogat’s athletic prowess has elevated her profile beyond the Olympic arena.

Surge in Endorsement Fees

Before the Paris Games, Vinesh Phogat was earning around INR 25 lakh per endorsement deal. Now, her fee has surged to between INR 75 lakh and 1 crore per deal, reflecting her increased brand value and market demand.

Neeraj Chopra and Manu Bhaker’s Brand Growth

Meanwhile, Indian athletes Neeraj Chopra and Manu Bhaker also saw boosts in their brand value following their performances in Paris. Chopra, who won silver, saw his brand value rise to USD 40 million (INR 330 crore), while Bhaker, who earned two bronze medals, increased her endorsement fee sixfold, landing a INR 1.5 crore deal with ThumbsUp.