The emerging talents in the field of sports are considered as the aspirations of a nation. While, in the pursuit of excellence in their area of interest they may experience bitter realities and sugar coated lies which could impact their overall well-being. Psychological hardiness is a psychological factor that resists the impact of stress in an individual which has a prominent role in mitigating the adverse effect of performance based pressure among athletes and sportspersons. Whereas Sports motivation is the internal and external factors that guide an individual to participate in sports and physical activities. Hardiness and sports motivation can impact the general welfare of a sports person. The aim of this study is to understand the role of Psychological hardiness and sports motivation in the well- being of sports persons. A sample of 199 sports persons within the age group of 18 to 30 years are selected from various parts of Karnataka and Kerala are asked to fill forms with Socio demographic data sheet along with Dispositional Resilience scale (DRS-15), Sports motivation scale -6 (SMS-6), and BBC well-being scale. The results indicate that there is significant positive correlation among most of the subscales of psychological hardiness and sports motivation with overall well-being. The study suggests for developing interventions which aimed at promoting psychological hardiness and sports motivation in sports persons, thereby enhancing their overall well-being and performance.