While tumultuous times no doubt lay ahead in Tiger Woods’ personal life, some of his sponsorship agreements may have also hit rocky times.
We speculate that with endemic sponsors like Gatorade, Nike and Golf Digest his status is likely to remain. He still represents the best there is in the sport, and for this reason they will hold on to him. Of course we do suspect that TV and Print ads will come to a halt as companies try to dim the spotlight on Tiger until this story blows over.
As far as non-endemic companies like Accenture, AT&T and Gillette, we suspect that some of these sponsorships will be reconsidered or pulled as their association with Tiger is on a higher level. These companies associate themselves with Tiger as a professional with a solid personality and place in society. With all the personal issues in his life that have been revealed over the past week it puts these sponsors in a tough spot, as so much of their relationship is reliant on him being a positive force outside the realm of golf players. If any companies do pull out all the way, we suspect it will be one of these.
Look for things to shake out over the next week, then the media backlash will start to slow down as publc interest quells. Even with the possibility of losing sponsors looming, make no mistakes, Tiger and his accomplishments do outweigh this current scandal.