It is the second time Li Na was nominated for the award in Laureus, an Oscar-like ceremony after she became a candidate in 2012.
Li Na advanced to the quarterfinals of the Eastbourne International tennis tournament on Wednesday as her French opponent Marion Bartoli pulled out.
Second seed Li Na of China defeated Frenchwoman Alize Cornet 6-2, 6-4 to reach the second round of the Eastbourne International tennis tournament on Tuesday.
Defending champion Maria Sharapova reached the French Open fourth round on Saturday with a 6-1, 7-5 win over China's Zheng Jie despite an up and down center court performance.
Zheng Jie of China becomes the only hope of Chinese contigent at the French Open as Li Na and her counterpart Peng Shuai both failed to advance into the third round on Thursday.
Asia's first Grand Slam singles champion Li Na was bundled out of the French Open by American Bethanie Mattek-Sands on Thursday, losing a rain-interrupted match 5-7 6-3 6-2. 
Zheng Jie the only hope
Chinese sixth seed Li Na was kept on her toes as she reached the second round of the French Open with a 6-3 6-4 victory over Spain's Anabel Medina Garrigues on Monday.
China's Li Na listens to her coach Carlos Rodriguez during a training session for the French Open tennis tournament at the Roland Garros stadium in Paris, May 25, 2013.
Li Na's momentous French Open title win of 2011 was expected to open the floodgates for Asian - and in particular Chinese - players in world tennis.
Roger Federer, Novak Djokovic brushed aside their opponents to reach the quarter-finals while Rafael Nadal was made to sweat before joining the final eight of the Italian Open on Thursday.
Third seed Andy Murray pulled out of the Italian Open due to injury on Wednesday as Rafael Nadal advanced to the third round.
It was a bad day for two of the three Chinese players in the Madrid Tennis Masters this Sunday as both Li Na and Zheng Jie lost their first round matches.
Chinese tennis star Li Na arrives at the Madrid Tennis Masters in a positive frame of mind after a successful start to the season.
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