Tiger Woods’ sponsors ‘discussing his endorsement contracts’
December 12th, 2009 - 2:50 pm ICT by ANI ( Leave a comment )
Washington, Dec 12 (ANI): If sources are to be believed, several of Tiger Woods’ corporate sponsors are discussing whether or not the golfer’s actions in his personal life violated the terms of his multi-million dollar deals.
A rep for Nike said that their involvement with Woods had not changed as a result of the growing saga.
However, reps for Pepsi, Gillette and Proctor and Gamble did not respond for comment.
“There is usually language in contracts that allow the contract to be voidable if contracted party is involved in situations that could be detrimental to the corporate image,” Fox News quoted Sports/Entertainment agent Mike Grippo as saying.
Ever since Woods bizarrely crashed his car outside his house, he has been romantically linked to a dozen or so women. (ANI)
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Tags: corporate image, corporate sponsors, dollar deals, endorsement contracts, fox news, gillette, mike grippo, nike, pepsi, personal life, proctor and gamble, saga, sports entertainment, tiger, tiger woods, voidable