Tiger Woods has been the face of NIKE Golf for almost three a long time now, he grew to become a cultural phenomenon as a NIKE sponsored athlete. Accoding to the ‘No Laying Up‘ podcast, the upcoming PNC Championship could possibly be Tiger’s closing event with the well-known sportswear firm. Again in 1996, Woods signed a contract with NIKE for 5 years and $40 million. After it expired, Tiger signed for an additional 5 years however this time he did it for a reported $100 million. In 2005, Woods signed a 3rd contract for about $20 million every year over the following 5 years. However your entire world of golf was shocked when Tiger confirmed up with a pair of FootJoy golf footwear on the 2023 Masters Match.
Why might Tiger Woods be on his method out of NIKE?
In response to this podcast, the rationale Tiger Woods could possibly be on his method out of NIKE is as a result of the corporate might be going to close down its golf division. Since 2016, the corporate stopped making golf gear alltogether. On this podcast, it was additionally reported that different model embassadors reminiscent of Rory McIlroy, Brooks Koepka, and Scottie Scheffler may additionally go away the model for good. It is not solely Tiger Woods however all these different stars as effectively. Ever since NIKE stopped making gear, Tiger Woods has additionally used TaylorMade golf equipment and could also be wanting into different manufacturers for attire as effectively.
Ought to NIKE go away the golf division utterly, they are going to finish a 40-year run making golf attire and gear that began only some years earlier than Tiger Woods grew to become considered one of their athletes. All through 27 years of partnership, Tiger Woods has reportedly made as much as $500+ million only for being the face of the model’s golf division. If this report is correct, we’re wanting on the finish of an period in sports activities partnerships. Simply as we have been beginning to get a glimpse of a possible Tiger Woods return to the highest, this occurs.