New Delhi: Wrestler Vinesh Phogat, who was out of Paris Olympics 2024 resulting from extra weight, is in a variety of headlines. She missed the medal resulting from simply 100 grams of extra weight. Regardless of this, her reputation has not decreased but it surely has elevated additional. Consequently, many firms are lining as much as affiliate her with them. Firms are determined to take alongside not solely Vinesh Phogat but in addition different gamers who gained medals within the Olympics. For this, they’re providing some huge cash to those gamers. Many gamers are already related to some manufacturers.
In keeping with the information revealed in our affiliate Financial Instances, in keeping with officers related to this matter, at the least 15 manufacturers have queued as much as signal Vinesh Phogat. There’s a race to make Indian wrestlers and different Indian athletes who carried out brilliantly within the current Paris Olympics the face of the model in classes like packaged meals, well being, diet, jewelry, banking and training. In keeping with the official, Phogat’s endorsement price was Rs 25 lakh per deal earlier than the Video games, which has now elevated to Rs 75 lakh to Rs 1 crore. This deal is per yr.
Phogat additionally earns from social media
Phogat is at present related to many manufacturers. These embody worldwide manufacturers like Nike. She additionally earns properly by selling on social media. In keeping with the data, Phogat prices Rs 2 to three lakh per Instagram submit or reel. Market specialists say that now this worth can improve to Rs 10 to fifteen lakh per submit. The explanation for that is that the variety of followers on her Instagram has elevated to multiple million (10 lakh). On the similar time, on August 5, this quantity was round 2.88 lakh. On different platforms too, the variety of their followers has elevated tremendously. Different gamers are additionally not far behind. Tuhin Mishra, co-founder of Baseline Ventures, which represents the wrestler, stated that many firms are contacting us. Regardless of not successful a medal, Phogat, who marketed Nike Sportswear and Nation Delight Dairy earlier than the beginning of the Olympics, many firms are displaying curiosity in associating with silver medal winner Neeraj Chopra in javelin throw and shooter Manu Bhaker, who gained two medals.