Russian signs reported $5 million deal

Updated: September 20, 2004, 5:37 PM ET news services

Ah, the sweet smell of success: Maria Sharapova's Wimbledon title helped her land an endorsement deal for a perfume that will bear her name.

Parlux Fragrances Inc. expects to launch Sharapova's perfume before the end of next year. The impending deal was revealed Sept. 1 by's Darren Rovell.

"This is a great opportunity for me to do something creative and fun," Sharapova said in a statement. "I love the world of fashion, and I'm looking forward to experiencing it firsthand."

She agreed to a three-year contract worth nearly $5 million, an industry source told The Associated Press on condition of anonymity Monday.

The deal is the second one Sharapova has landed since becoming the third-youngest champion in Wimbledon's 127 years by upsetting Serena Williams in the final at the All England Club in July.

The 17-year-old Russian earlier agreed to a three-year contract with Motorola worth between $4 million and $5 million.

Sharapova is ninth in the WTA Tour rankings this week.