Page last updated at 00:06 GMT, Saturday, 27 February 2010

Tiger Woods loses Gatorade sponsorship

Tiger Woods
Tiger Woods' public apology has not appeased his sponsors

Energy drink firm Gatorade has ended its sponsorship of Tiger Woods.

Gatorade is the latest major company to cut ties with the sportsman following Woods' admission that he was unfaithful to his wife.

The drinks company, owned by PepsiCo, had already discontinued a Tiger Woods-themed drink, Tiger Focus. It follows AT&T and Accenture in ending deals.

However, Gatorade said it would continue its partnership with the charitable Tiger Woods Foundation.

Therapy

A spokeswoman for Gatorade said: "We no longer see a role for Tiger in our marketing efforts and have ended our relationship... We wish him all the best."

Its move comes just one week after the star made a frank public address to a select gathering at PGA Tour headquarters in Florida.

In his statement Woods apologised to his wife, friends and family, as well as to his fans.

"I was unfaithful, I had affairs and I cheated. What I did was unacceptable," he said.

Woods, 34, told the hand-picked attendees he had spent 45 days in therapy and claimed he still had "a long way to go" to overcome his problems.

Distance

Gatorade is the third company to end its relationship with Mr Woods.

Communications company AT&T and corporate services business Accenture previously cut their sponsorship deals.

Male grooming business Gillette and luxury watchmaker Tag Heuer have also distanced themselves from him.

Carmaking giant General Motors (GM) said recently an arrangement that allowed Woods free access to its vehicles was over.

Wealthiest athlete

The world's number one golfer did have an endorsement contract with GM's Buick brand, but that ended in 2008.

Such arrangements made Tiger Woods the world's wealthiest athlete, estimated to have earned £66m ($100m) a year in endorsement deals before allegations of infidelity emerged in December of last year.

A recent University of California study suggested the total economic damage of the Tiger Woods affair to all involved parties could amount to as much as $12bn.

But sports equipment giant Nike, which pays Woods a reported $40m a year, has given its support.

And video game maker Electronic Arts is to go ahead with plans to roll out an online game featuring the golfer.



Print Sponsor


RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

BBC navigation

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific