USA Gymnastics confirmed to Tokyo 2020 that six-time Olympic medallist Simone Biles will have withdrawn from the games. To clarify, she will not participate in Thursday's (29 July) women's all-around final.

Also Read: Flawless PV Sindhu enters Tokyo Olympics Round of 16

"After further medical evaluation, Simone Biles has withdrawn from the final individual all-around competition at the Tokyo Olympic Games, in order to focus on her mental health. Simone will continue to be evaluated daily to determine whether or not to participate in next week's individual event finals. Jade Carey, who had the ninth highest score in qualifications, will participate in her place in the all-around."

"We wholeheartedly support Simone's decision and applaud her bravery in prioritizing her well-being. Her courage shows, yet again, why she is a role model for so many."

Statement from the Governing Body

Also Read: Tokyo Olympics 2020 Live Updates and Results: Sindhu gives hope to Indians

Biles scratched from Tuesday's women's team final after missing an attempt at a two-and-a-half twisting vault. However, she performed just one-and-a-half twists, landed in a deep squat and scored just 13.733.

Biles said her main concern is withdrawing from the team event was costing her teammates a medal. "I was like, 'I think the girls need to do the rest of the competition without me'. And they were like, 'I promise you, you're fine. We watched you warm up.' And I said, 'no, I know I'm going to be fine, but I can't risk a medal for the team, so I need to call it'" Biles explained in a post-event press conference. "And you usually don't hear me say things like that because I'll usually persevere and push through things, but not to cost the team a medal."

Madrid became the capital city of sport tonight as the Laureus World Sports Awards celebrated its 25th anniversary by gathering the greatest athletes not only of the past 12 months, but of the 21st Century.

Simone Biles and Rebecca Andrade – friends, rivals and Olympic champions from the world of gymnastics – were both winners here; both sides of Spanish football’s great duopoly were represented on the winners’ podium, as Real Madrid and Barcelona’s Lamine Yamal were honoured; and Olympic and Paralympic heroes including Mondo Duplantis, Tom Pidcock and Jijang Yuan added a Laureus to their laurels.

Standing alongside the world’s greatest athletes were leaders from the inspirational Lesotho-based football programme Kick4Life, recipients of the 2025 Laureus Sport for Good Award.

25 years after the inaugural Laureus World Sports Awards were held in Monaco in 2000, this special anniversary edition of the greatest show in sports was also a celebration of the growth of Laureus as a unique sporting movement, encompassing the world-famous Awards and the year-round work of Laureus Sport for Good in over 40 countries.

The Awards evening launched a multi-media wave of posts, coverage and broadcast around the world, as athletes, media and bloggers reacted to this year’s winners – each presented with ‘The Laureus’ - the coveted statuette awarded to the winner in each category and the prize the greatest athletes in the world value above all other Awards – voted on by the 69 sporting legends of the Laureus World Sports Academy.

Meetings that only happen at the Laureus World Sports Awards 🤝#Laureus25 | #OnlyAtLaureus pic.twitter.com/I9I2KyulGw

— Laureus (@LaureusSport) April 21, 2025

And this year, the body awarded two additional statuettes, honouring 22-time Grand Slam tennis champion Rafael Nadal and Kelly Slater, an 11-time world champion in surfing.

The Olympic and Paralympic Games were at the heart of the sporting year in 2024, and this year’s list of Laureus winners includes several athletes who added a Laureus to their collection of gold.

It was the fourth time lucky for the greatest pole-vaulter of all time, Mondo Duplantis. He was awarded the Laureus World Sportsman of the Year Award after being nominated in each of the last three years and is the second track-and-field athlete to win this Award, after four-time winner Usain Bolt.

Still just 25 years old, the Swede shows no signs of loosening his grip over the competition following another historic year. After winning his second World Indoor Championship gold medal in March, Duplantis broke his own world record for a remarkable ninth time in 2024 on the way to gold in Paris, before shattering it again at the Silesia Diamond League meeting the following month. Duplantis received his Award from last year’s winner, Novak Djokovic.

Laureus World Sportsman of the Year, Mondo Duplantis: “I am incredibly honoured to have won my first Laureus World Sportsman of the Year Award in the sporting capital of Madrid and to have the great Usain Bolt pay tribute to me, who I follow as the second track and field athlete to win this Award.

“The Laureus Awards are the ultimate awards that we athletes want to win. I know because this is the fourth time I have been nominated – and that proves it’s harder to win a Laureus than an Olympic gold medal!

“I’ll never forget receiving this beautiful Laureus from the great Novak Djokovic – I’m following in the footsteps of giants like Novak, Usain, Rafael Nadal and Lionel Messi. The list of past winners of this Award is like a history of sporting greatness over the past 25 years.

“The Laureus Awards represent something more than sporting achievement. The fact that they are voted on by the 69 world-class athletes of the Laureus World Sports Academy elevates them to another level. These are athletes who know the dedication and commitment that lies behind sporting successes; they have set the mark that athletes like me strive for. To be recognised by them is truly something special.

“Finally, I must also acknowledge Laureus’ broader mission of using sport as a vehicle for change in the world. The work of Laureus Sport for Good has transformed lives around the world, and – as the Awards celebrate its 25th anniversary – it is important to reflect on the enormous legacy that it has created. It’s a legacy I am proud to be a part of.” 

Simone Biles’ breathtaking displays in the French capital saw her named Laureus World Sportswoman of the Year for the fourth time, equalling the record held by tennis great and compatriot Serena Williams – they both also have one Comeback of the Year Award.

Biles called the Paris Games her ‘redemption tour’ after taking a break from the sport, and the most decorated gymnast in history produced a stunning performance, picking up three golds and a silver. One year after winning that Comeback of the Year Award, her redemption is complete.

Laureus World Sportswoman of the Year, Simone Biles: “I’m so happy to be here in Madrid and to receive my fourth Laureus World Sportswoman of the Year Award.

“I won this Award for the first time in 2017, and Laureus has been a part of my story since then. And I share their belief that sport has the power to change the world. That might be a little girl watching someone like me on television and deciding she can do it, too. Or it could be the incredible work Laureus Sport for Good has undertaken for the past 25 years, all over the world.

“I’d like to thank the legendary members of the Laureus World Sports Academy, who vote for the winners. It must be an almost impossible job, but their unique personal experiences of sport at the highest level gives them an understanding of what it takes to be the very best. Their generation has inspired us, athletes standing here before you. That is why the Laureus Awards truly are the ‘Athletes Awards’ and I am proud to have added to my ‘Laureus’ collection.”

Brazilian gymnast Rebeca Andrade completed her inspirational return from career-threatening injuries at the Paris Games, and she is this year’s recipient of the Laureus World Comeback of the Year Award.

Andrade considered quitting the sport in the wake of a series of soul-crushing injuries, including three anterior cruciate ligament (ACL) injuries, and agonising rehabilitations. Her long road back to the top was complete when she won gold in the floor competition – a moment memorialised forever by the image of her long-time rival Biles bowing to her as she stood at the top of the podium.

Laureus World Comeback of the Year Award winner, Rebeca Andrade, said: “This beautiful Laureus Statuette represents a huge amount of hard work, of struggle and pain, and also great happiness and one of my most cherished memories – standing on top of the Olympic podium again.

“In the 25-year history of these Awards that have become the ultimate prize for athletes, these stories of resilience have inspired generations of young people. Previous winners of the Comeback of the Year have included some of the greatest athletes of all time, from my fellow Brazilian, Ronaldo, to Simone last year.

“And just as our stories reach every corner of the world, we stand here alongside Laureus Sport for Good as they bring together projects from across the globe which use sport to improve the lives of children and young people.

“Individual sports can be isolating, but Paris showed that camaraderie can exist between competitors, and I was so proud to compete alongside last year’s winner of this Award, Simone Biles. Simone and I are the only two gymnasts to win a Laureus Award, and I hope our stories can inspire anyone who has experienced injuries and setbacks to keep fighting through the many obstacles placed in front of them on the long road to recovery.”

Tom Pidcock is the Laureus World Action Sportsperson of the Year after winning the Olympic mountain bike cross-country title in unforgettable fashion.  

His hopes of defending the title he won in Tokyo appeared all but over after suffering a puncture, but after changing wheels, the British rider staged a stirring fightback to reel in leader and home favourite Victor Koretsky before pulling off a daring late overtake in the trees to win gold against the odds.

Pidcock is the fourth British cyclist to win the Action Sportsperson of the Year Award, following Jamie Bestwick (2014), Rachel Atherton (2017) and Beth Shriver (2022).

🏆 Yuyan Jiang is the Laureus World Sportsperson of the Year with a Disability#Laureus25 pic.twitter.com/7AANKAFYac

— Laureus (@LaureusSport) April 21, 2025

Paralympic swimming superstar Jiang Yuyan collected the Laureus World Sportsperson of the Year with a Disability Award.

Yuyan was the most decorated athlete at the 2024 Paralympic Games, winning seven para swimming golds from seven events in the pool, matching the feat of Laureus Academy Member Mark Spitz.

The 19-year-old also set two individual world records and was honoured as the flagbearer for the Chinese team at the closing ceremony. She is the seventh Chinese winner of a Laureus after Yao Ming (Breakthrough 2003, Spirit of Sport 2015), Liu Xiang (Breakthrough, 2005), China Olympic Team (Team, 2009), Li Na (Exceptional Achievement, 2015), Xia Boyu (Sporting Moment, 2019) and Eileen Gu (Action, 2023).

🏆 Lamine Yamal is the Laureus World Breakthrough of the Year#Laureus25 pic.twitter.com/IvBkTEgvXl

— Laureus (@LaureusSport) April 21, 2025

Teen sensation Lamine Yamal was the recipient of the Laureus World Breakthrough of the Year Award after emerging as one of football’s global superstars.

 As part of the Spain team which won Euro 2024, he became the youngest player to score in the European Championships as well as the youngest to feature in the final and was named Best Young Player of the tournament. He is only the second footballer to win this Award, after Jude Bellingham, the Real Madrid midfielder who won it last year.

Real Madrid are the Laureus World Team of the Year 🏆#Laureus25 | @realmadrid pic.twitter.com/rNMY2QiUbQ

— Laureus (@LaureusSport) April 21, 2025

Bellingham did not go unrecognised tonight, either. Real Madrid are quite simply a winning machine and were honoured with the Laureus World Team of the Year Award after a season in which they won La Liga for a record 36th time, delivered a 15th UEFA Champions League/European Cup title, and defeated rivals Barcelona 4-1 in the Supercopa de España.

The club continued to sweep aside all before them at the beginning of the 2024-25 season, winning both the UEFA Super Cup and Intercontinental Cup, an achievement which saw Carlo Ancelotti become Madrid’s most decorated manager.

For 25 years, the Laureus World Sports Awards have seen the greatest athletes in the world share the stage with Laureus Sport for Good programmes that fulfil the mission defined by the founding patron of Laureus at the first Awards: to use the power of sport to change the world. 

Kick4Life is one of over 300 Laureus Sport for Good projects all over the world making a difference in their communities, and they were presented with this year’s Laureus Sport for Good Award in Madrid. Kick4Life uses football to reach at-risk children in Lesotho, promoting health education, life-skills development, gender rights and employability. The inspirational organisation, which was also nominated for this Award in 2022, has reached more than 250,000 young people since it was founded in 2005.

Nominees for the Laureus World Sports Awards are decided by the world’s media, and the winners are voted on by the 69 members of the Laureus World Sports Academy – the ultimate sporting jury. This year, the Academy also included two discretionary Awards.

Rafael Nadal received the Laureus Sporting Icon Award after a year in which he announced the end of one of the greatest careers in the history of professional tennis.  A celebratory video package of his career was specially voiced by Morgan Freeman, who included his own tribute to the Spaniard. This year’s Awards expands on Nadal’s ‘Laureus Slam’ – he is the only athlete to have won the Sportsman of the Year Award, the Comeback of the Year, the Breakthrough of the Year and the Laureus Sport for Good Award.

 Rafael Nadal said, “The Laureus World Sports Awards are important to me. Back in 2006, I won the Laureus World Breakthrough of the Year Award in Barcelona, in front of sporting heroes who had inspired millions of people around the world. Then last year, after twice being named Sportsman of the Year and also winning Comeback of the Year, my foundation was honoured to win the Laureus Sport for Good Award, here in Madrid.”

 “My retirement from competitive tennis made 2024 an emotional year for me, where there were some magical moments like the one in Paris, carrying the Olympic torch. Tennis and sports in general have given me so much; my drive has always been to compete and try my best every time I stepped on the court. Competitive tennis has stopped, and it is time to reflect and to appreciate all the support I receive from everyone – my friends and family, my fans, my fellow athletes.

 “A Sporting Icon? I think that is for other people to decide. But I hope that my career has inspired sports fans beyond tennis. I gave it everything I had. As athletes, we have a unique opportunity to use our influence and inspiration to make a positive impact on the world and as I move into my next chapter, I’m going to hold on to the ideals that I share with Laureus and work with them to achieve the most important thing an athlete can do – changing the world through sport.”

 And Kelly Slater, widely considered the greatest surfer of all time, received the Laureus Lifetime Achievement Award. Slater is a four-time winner of the Laureus World Action Sportsperson of the Year Award and an 11-time World Surf League champion.

The full list of Winners in the Laureus World Sports Awards 2025

Shoko Miyata, the 19-year-old captain of Japan’s Artistic Gymnastics Olympic squad was sent home from the Paris Olympics in violation of the team's code of conduct. She will not participate in the sporting event because of smoking cigarettes and consuming alcohol. In Japan, smoking cigarettes and drinking alcohol is illegal until the age of 20. The JGA (Japan Gymnastics Association) contains additional rules prohibiting its athletes from smoking and drinking during team activities even if they are above the age of 20

Read Also: Most Olympic Games without any medal: Monaco, Myanmar and Bangladesh in top 30

The 19-year-old gymnast was struggling with the pressure

"With her confirmation and after discussions on all sides, it has been decided that she will withdraw from the Olympics," Japan Gymnastics Association (JGA) Secretary General Kenji Nishimura said. "We apologize from the bottom of our hearts for this," JGA President Tadashi Fujita said

Mutsumi Harada, Shoko Miyata's coach stated that she was struggling with the "pressure" of competing at the Games. "She was spending her days really burdened with so much pressure. I would implore people to understand that," said Harada. 

Miyata is the Japanese national champion. The Japan team is trying to win a team medal for the first time since the 1964 Tokyo Olympics. However, the women's squad will now compete with four athletes instead of five in the Summer Olympics 2024.

The mental health of the Olympians is increasing day by day. More athletes are opening up about the pressure of competing at the world’s highest level. Simone Biles, the most decorated gymnast in history, left the Olympics in Tokyo due to mental health concerns.

Few sporting events capture the public imagination like the Olympics, and with the Paris Olympics 2024 around the corner, all eyes will be on the world’s greatest athletes as they compete for medals once more. Athletes from every country on earth will compete across a variety of sports and events for their chance to take home gold from the French capital and write their names into the history books.

From hosts France and the United States to regular heavyweights China and Great Britain, plenty of nations will be looking to top the medal table with impressive performances. So let's take a look at the top 10 athletes to watch out for at Paris Olympics 2024. 

Also Read: Indian Debutants to watch out for in Paris Olympics 2024

1. Simone Biles (Gymnastics)

Simone Biles has a great chance at the Paris Olympics 2024 to unite what is perhaps the weakest leg of her stardom, the Olympic one. Although she is the most decorated gymnast in history, with 37 medals in world championships and the Olympic Games, only seven of them are in five-ring events and, of those seven, four are gold. In addition, all of those golds were won in Rio 2016, while in Tokyo she won a silver and a bronze.

2. Sha'Carri Richardson (Athletics)

Having missed out on the Tokyo Olympics 2020 through suspension after an adverse drug test, the sprinter has ensured she has kept expectations in check since, returning with a slew of impressive performances as she looks to put the ghosts of what could have been to rest.

The 23-year-old will be one of Team USA’s flagship names after winning three medals at the World Championships last year. The Olympic debutant will be firmly among the favourites to pick up at least one, and maybe more when she takes to the track in France.

3. Neeraj Chopra (Javelin Throw)

Sports stands as one of the highest-paid professions globally because of vast financial rewards and entertainment value. However, despite many achievements, female athletes continue to earn substantially less than male athletes. Forbes' 2023 ranking highlighted this vast difference, with the top 20 male athletes gather $1.9 billion, more than eight times the earnings of the top 20 women. Today, we shift our focus to the top 20 highest-paid female athletes of the 2023-24 period and how much do they make in a year including prize money, endorsements and net worth.

The leading business magazine Forbes has revealed the world's highest-paid female athletes list. Twelve out of 20 athletes are from the world of tennis and dominate the chart. While Indian star shuttler PV Sindhu is India's sole representative on the list. she finished at the 16th spot alongside gymnast Simone Biles with her $7.1 million earnings.

Highest-paid Female Athletes | Top 20 List

1. Iga Swiatek (Tennis) | $23.9 million

At the age of 22, women's tennis world No. 1 Iga Swiatek of Poland topped the highest-paid female athletes list with an estimated $23.9 million (before taxes and agents' fees). In 2023, Swiatek was recognised as one of tennis's brightest stars by winning the second consecutive WTA Player of the Year Award. She has now spent a total of 82 weeks at the top spot, ranking 10th in WTA history. Swiatek also occupies the 14th position on the tour's career prize money list, boasting nearly $25 million in earnings.

Swiatek earned $14 million of her income through endorsements. Visa, On shoes and apparel, Oshee sports drinks and information technology company Infosys are some of the prominent brands endorsed by Swiatek.

2. Eileen Gu (Freestyle skiing) | $22.1 million

Eileen Gu, the freestyle skier and model, came in second on the top highest-paid female athletes list. She made $22.1 million in 2023, with the majority of her earnings coming from endorsements. Brands such as Mengniu Dairy and sportswear giant Anta in China, as well as luxury labels like Louis Vuitton and Victoria's Secret in the West, have all invested in partnerships with Gu. She was born in San Francisco but represented China in competition.

Despite struggling with a knee injury, Gu made a successful return in December and clinched victory in halfpipe events in both China and Colorado during her first World Cup action in 11 months.

Also Read: The Soaring Value of Women's Sports: A Game-Changer in the Sports World

3. Coco Gauff (Tennis) | $21.7 million

Coco Gauff enjoyed the biggest season of her career in 2023 on the court, highlighted by her breakthrough victory at the US Open, her first Grand Slam title. Gauff has won four WTA tournaments in 2023 and as a result, she achieved a career-best No. 3 ranking in singles.

Apart from that, Gauff also raked in the deals and endorsements off the court, too. She has an estimated net worth of $21.7 million. 19-year-old Gauff demonstrated her commercial appeal by securing partnerships with brands such as Baker Tilly, Bose, and UPS this year. Recognized for her passion for Marvel superheroes, Gauff was featured in an advertisement for the 2023 film "The Marvels" and graced the cover of a limited-edition Invincible Iron Man comic book.

4. Emma Raducanu (Tennis) | $15.2 million

2021 US Open champion Emma Raducanu, number three last year, played only 10 matches in 2023 as she underwent surgery on both her wrists and one ankle midway through the way. Despite this, she earned $15.2 million this campaign with $15 million coming from endorsements. Raducanu has an endorsement deal with HSBC, Tiffany, British Airways, Christian Dior, Vodafone, Porsche and Evian.

5. Naomi Osaka (Tennis) | $15 million

Naomi Osaka has not played an event since September 2022 till last year as as she gave birth to a daughter in July. Osaka has an estimated net worth of $15 million, which came only through endorsements.

Osaka cut way back on her sponsor commitments in 2023, but she did add a new partner three months ago; Meta created her own AI chatbot character named Tamika. Other celebrities with AI personalities on some Meta platforms include Snoop Dogg, Tom Brady, Kendall Jenner and Dwyane Wade.

Also Read: Highest paid athlete from each sport in 2022 according to Forbes

6. Aryna Sabalenka (Tennis) | $14.7 million

Aryna Sabalenka had a dominant 2023 as the only women to reach the semifinals of all four Grand Slam events, including an Australian Open win and US Open runner-up finish. In September, she became the 29th women to ever hold the No. 1 ranking. She also received the International Tennis Federation's World Champion Award. 

Sabalenka has an estimated net worth of $14.7 million. She recently collaborated with Maestro Dobel Tequila and Leaf Trading Cards. Beyond tennis, Sabalenka invested in wellness brand Beekeeper's Naturals and Olipop soda. She was also featured in Netflix's tennis docuseries Break Point.

7. Jessica Pegula (Tennis) | $12.5 million

Jessica Pegula has yet to make it past the quarterfinals of a Grand Slam event but finished the year ranked fifth in the world thanks to wins in 77% of her matches and two tournament titles. She was named to the esteemed 2024 Forbes 30 Under 30 list. Pegula's stellar year on the court was her victory at the Montreal singles tournament, marking the biggest title of her career. In addition, she reached the championship match at the WTA Finals in November.

Pegula has an estimated net worth of $12.5 million. Off the court, Pegula continues to expand her brand presence by securing partnerships with brands such as Dyson headphones, De Bethune watches, and Gorjana jewelry.

8. Venus Williams (Tennis) | $12.2 million

Venus Williams' competitive appearances have become infrequent. She participated in just seven tournaments and played 10 matches last year but her influence as a marketing powerhouse remains. The seven-time Grand Slam singles champion has recently expanded her brand portfolio through strategic partnerships with Dove and Nestlé's Purina PetCare. Simultaneously, she introduced a jewellery line in collaboration with Reinstein Ross and made a strategic investment in the Los Angeles Golf Club, a team set to compete in the upcoming TGL league developed by Tiger Woods and Rory McIlroy's TMRW Sports.

Beyond sports and lifestyle, Williams is extending her impact as an executive producer on "Behind the Racquet".

Also Read: Grand Slam Records: Most Grand Slam singles matches wins (men and women)

9. Elena Rybakina (Tennis) | $9.5 million

Elena Rybakina backed up her 2022 Wimbledon win with a pair of WTA 1000 tournament wins this year at Indian Wells and Rome, as well as a runner-up finish at the Australian Open. Building on this success, she had an outstanding 2023 season, securing victories in two WTA 1000 tournaments and concluding the year at an impressive No. 4 in the singles rankings.

Throughout her ascent, the 24-year-old player has strategically expanded her brand associations, forging partnerships with notable entities such as Red Bull and Yonex.

10. Leylah Fernandez (Tennis) | $8.8 million

Similar to Emma Raducanu, Leylah Fernandez continues to reap the rewards of her notable run to the 2021 US Open final. She maintains partnerships with more than 10 endorsement partners like Lululemon, Morgan Stanley, and Google Pixel phones. However, akin to Raducanu, Fernandez has encountered challenges in meeting the expectations set by her early success on the court.

11. Nelly Korda (Golf) | $8.2 million

Nelly Korda failed to reach the winner's circle in 2023, but her sponsor portfolio was transformed in a boost her off-course earnings. The 2021 Women's PGA Championship winner added lucrative new deals with Nike and TaylorMade, replacing J Lindeberg and Titleist to start the year, as well as another pair of global brands, Delta Airlines and Goldman Sachs.

11. Megan Rapinoe (Football) | $8.2 million

Megan Rapinoe did not get the storybook ending to her career as she was injured early in the NWSL Championship game, and her OL Reign fell to Gotham FC. Retirement will free up time for Rapinoe, who is a sought-after corporate speaker and last year launched a production company, A Touch More, along with her partner, WNBA legend Sue Bird.

13. Candace Parker (Basketball) | $8.1 million

Candace Parker captured the 2021 WNBA championship with the Chicago Sky and won another title (while injured) with the Las Vegas Aces in 2023. But with league salaries capped at around $200,000, she makes nearly all of her money from endorsements. Her brand partners include Adidas, CarMax and Gatorade and her annual off-the-court pay is more than double her total playing salary across her 15 years in the WNBA.

Candace was the first woman to appear on the cover of an "NBA 2K" video game and was among the star athletes to invest in trading-card exchange Alt in a funding round announced in November 2021. She also has a lucrative contract as an NBA analyst for Turner Sports.

14. Alex Morgan (Football) | $7.8 million

The US Women's National Team flamed out early at the 2023 World Cup, but Alex Morgan remains the sport's most popular choice for marketers. She has endorsement deals with Nike, Calvin Klein, Molecule, Hublot, Bodyarmor and Michelob Ultra. In 2021, she founded a female-focused media platform, Togethxr, with fellow star athletes Sue Bird, Chloe Kim and Simone Manuel. This year, she launched her own foundation. Her latest is an investment in Los Angeles Golf Club, a franchise in the Monday night golf league TGL set to launch in 2025.

15. Qinwen Zheng (Tennis) | $7.2 million

Qinwen Zheng won the WTA's Most Improved Player Award in 2023, an impressive follow-up to her 2022 Newcomer of the Year Award. She won singles titles in Palermo and Zhengzhou in 2023 and reached the US Open quarterfinals. Some in the sport wonder if she could be a marketing star along the lines of her countrywoman Li Na, who finished no lower than third in the female athletes earnings ranking from 2012 to 2014.

16. Simone Biles (Gymnastics) | $7.1 million

Simone Biles returned to competition in 2023 and was as dominant as ever. She clinched four gold medals at the World Championships, extending her record to 30 total career medals at the event, including 23 golds. She led the US to a record-breaking seventh consecutive world team title. In 2021, Biles left Nike to join Athleta, and this year, the brand released their third Athleta Girl Collection with Biles, which is entitled "Because I Can."

16. PV Sindhu (Badminton) | $7.1 million

India's PV Sindhu has made it into the list of top highest-paid female athletes by Forbes where she finished at the 16th spot alongside gymnast Simone Biles with her $7.1 million earnings. She is her country's sole representative on the list. Sindhu earned around seven million USD in off-field partnerships, having secured deals with Centuary Mattress and American Pistachio Growers in the past year.

Sindhu is already among India's most marketable athletes, with her sponsors ranging from Asian Paints to Bank of Baroda. Compared to her off-field marketing prowess, Sindhu earned just 0.1 million USD in on-field prize money, underlining her barren year and Badminton's financial disparity to other, more global sports. 

Also Read: PV Sindhu announces legendary Prakash Padukone as her mentor in quest of Olympic gold

18. Ons Jabeur (Tennis) | $5.7 million

Ons Jabeur reached her second straight Wimbledon final in 2023 and finished the season ranked sixth in the world. The Tunisian-born tennis ace was the first African and Arab woman to contest a major singles final. She has endorsements with Lotto, Wilson and Laval, and will collect an appearance fee in Saudi Arabia at the end of December.

19. Brooke Henderson (Golf) | $5.4 million

Henderson, a winner of two major golf championships, is arguably the most prominent female athlete in Canada. In January, she followed in the footsteps of Nelly Korda and transitioned to using TaylorMade equipment.

20. Markéta Vondroušová (Tennis) | $5.2 million

Markéta Vondroušová close the list of the top 20 highest-paid female athletes. At the time, Vondroušová, who was ranked 42nd, made history by becoming the first unseeded woman to clinch the Wimbledon singles title in July. It was an unexpected victory for her, as evidenced by her last-minute arrangement for a cat sitter.

Following her triumphant performance at the tournament, the 24-year-old tennis star from the Czech Republic secured a new clothing sponsorship deal with J.Lindeberg. She ended the year on a high note, ranking seventh in the women's singles rankings.