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Tiger Woods' Departure From Golf Puts Endorsements In Jeopardy

December 13th, 2009 12:05pm EST favorite Add to My News
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Tiger WoodsEmbattled golf superstar Tiger Woods' affairs are damaging more than his home life - he reportedly faces losing two of his mega-bucks sponsorship deals.

Woods has endured a rocky two weeks following a car crash outside his Florida mansion earlier this month after a bust-up with wife Elin Nordegren over his infidelity.

And despite trying to limit the damage to his tarnished reputation, Woods' deals with Gillette and U.S. telecoms giant AT&T - rumored to be worth up to $20 million - are in the balance following his announcement he will make an "indefinite" departure from golf.

Bosses at Proctor & Gamble, which owns Gillette and has used Woods in its global ad campaigns since 2007, have issued a statement saying they are "limiting" his part in their promotions.

The statement reads, "As Tiger takes a break from the public eye, we will support his desire for privacy by limiting his role in our marketing programs."

And AT&T bosses have followed suit, insisting: "We support Tiger's decision and our thoughts will be with him and his family. We are presently evaluating our ongoing relationship with him."


Watch "Tiger Woods' caddie defends the golfer"



(This news article provided by World Entertainment News Network)






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