Tiger Woods Turns Down $75-Million-Dollar Deal
Tiger Woods can’t say no to sex but doesn’t have a problem turning down a multi-million dollar deal.
The disgraced golfer has lost millions in endorsements since his multiple-affairs scandal captivated the world and tarnished his once-stellar reputation. Advertising giants Gatorade, AT&T, Gillette and Swiss watch-maker Tag Heuer have cancelled contracts with Woods, costing the cheating golfer enough money to fill a sand trap.
But despite the huge losses, Woods, 34, has rejected a $75 million dollar sponsorship deal with bookies Paddy Power because the deal wasn’t lucrative enough.
Paddy Power’s PR Manager Ken Robertson said: “We’re a huge international brand, with one of the biggest betting networks in the world.
“We made a very generous offer to Tiger, who is a huge brand himself, but unfortunately his management company IMG have told us the offer has been rejected.
“I must say I was shocked that such a big offer was turned down, but we’ve not given up just yet.
“We’re planning to make a bigger offer soon, in the hope of tempting Tiger to join us.”
Prior to the scandal, Woods reportedly earned about $110 million a year in endorsements — the most lucrative being a $30 million deal with Nike who remains committed to the golf icon.
Reports estimate that Woods stands to lose around $150 million in personal earnings including; $110 million in advertising income, $23 million in tournament prize money and $17 million in appearance fees.
The $75 million dollar deal sure sounds pretty lucrative when facing losses like that!
Filed under: Celebrities, Celebrity Apology, Tiger Woods, celebrity gossip



It’s against PGA Tour policy to accept sponsorships from casinos or other betting organizations. They don’t want anything to do with people thinking that events are fixed. Same is true of other leagues such as the NFL and NHL. Paddy Power knows this and is just throwing this out there for some free publicity.