Bad Press Costing Tiger Woods A Helluva Money
Famous (or should we say ‘infamous’) golfer Tiger Woods is not a happy man these days. And we hear that he has every reason to be so. Buzz is that the man who was all set to become the first billionaire athlete in the world has suffered a major setback. His earnings did cross the billion dollar mark in October but to keep the title he had to ensure the same net worth for at least a year, which now seems to be an issue.
Post the car crash fiasco and the fidelity speculation that might just cost him one of the most expensive sports divorce settlements, lady luck isn’t smiling at him anymore. On top of all this, Woods’ ad revenue seems to be all drying up for sponsors are uncertain about his public image now.
Forbes magazine reports that the golfer makes $110 million in annual income just from endorsements and tournaments which again rely majorly on his standing with the consumers. And we do know that it is on an all time low. Tough courses ahead for Woods, it is to be seen whether this man is a real sport at heart or not!
Via foodconsumerorg
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