It seems that Tiger Woods might not be scrambling for sponsors as some would have you believe. It was confirmed that he turned down a $75 million offer from an Irish based company.
Irish bookie, Paddy Power, offered Woods a $75 million sponsorship that they have confirmed he snubbed this past Friday. It seems Woods must know something that we do not. The recently fallen-from-grace golfer has been dropped by several big named sponsors, most recently Gatorade.
Woods, who brings in an estimated $100 million a year in endorsements, has lost some of his bigger backers upon the acknowledgement of multiple affairs late last year. Notably, family oriented brand Buick, which had their logo on his golf bag until a few months ago.
Paddy Power says they are working on a better deal to offer Woods; this will be a five year deal. The Woods camp says they are not adding to his sponsorship portfolio right now. We will see if money really does talk in Tiger’s world.
Woods hit the pavement hard with a reality check late last year when news of many of his extra-marital affairs began to stream across the headlines. He has since been to rehab for sex addiction as well as family counseling.
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