Tiger Woods has recommended that the scenario between himself and Nike concerning his $500 million sponsorship settlement is beneath management as he’s nonetheless carrying their merchandise in public in his first touch upon the matter.
The attire firm and the 47-year-old have been partnered up for nearly 30 years however regardless of his return to the golf scene after lacking competitions because of damage, there are stories that Nike are set to name time on their union.
“I am nonetheless carrying their product,” Woods responded when he was probed on the rumors by journalists on the PNC Championship, he’s competing along with his son, Charlie who can be set to change into knowledgeable golfer sooner or later.
Why the attainable cut up?
The dialogue from the press and followers is generally centered at Woods’ return to golf in 2022 following an virtually life-ending automotive crash in 2021.
On the Augusta Nationwide in April that 12 months, he was carrying FootJoy footwear as a substitute of Nike. Usually, athletes usually are not permitted to affiliate with any competing model. For instance, Purple Bull’s Method 1 drivers have to stay distanced from Monster Vitality merchandise.
“I’ve very restricted mobility now,” Woods mentioned on the time. “Simply with the rods and plates and screws which might be in my leg, I wanted one thing totally different, one thing that allowed me to be extra secure. That is what I’ve gone to.”
However based on No Laying Up, the precise purpose is much extra easy. Nike intends to shut down its golf department of merchandise after 40 years of involvement, thus that means they’d don’t have any purpose to sponsor Woods.
They do appear to be transferring in that path too as they haven’t bought golf sports activities tools since 2016, solely promoting attire within the final seven years.
Different ambassadors like Rory McIlroy, Scottie Scheffler and Brook Koepka might additionally depart from the corporate for greener pastures.