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Nike to slash Tiger Woods' deal in half if he fails to win US PGA Championship

Washington, Thu, 11 Aug 2011 ANI

Washington, Aug 11(ANI): American golfer Tiger Woods faces another massive hit in the pocket if he fails to win this week's US PGA Championship.

 

Woods is already reeling from a 62 million pound divorce and the loss of a sixth sponsor after Swiss luxury watchmaker Tag Heuer dumped him.

 

According to the Sun, if the 35-year-old completes his third successive year without a Major win, his 12 million pounds-a-year deal with Nike will be slashed in half.

 

Woods, currently 30th in the rankings, has not won at any level since the 2009 Australian Masters - just before his marriage, and his business appeal was wrecked after over a dozen women revealed his multiple infidelities.

 

In addition to Tag Heuer, Woods has already been axed by Gillette, Gatorade, Accenture, AT and T and Golf Digest.

 

It has plummeted his off-course earnings from 75 to 18.5 million pounds a year.

 

He even had to take a 1.85 million pound offer to promote a cream for muscle pain in Japan. (ANI)

 


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