The partnership between Tiger Woods and Nike Inc., which brought in roughly $660 million for Woods has ended.
Tiger Woods‘ original deal with Nike was a groundbreaking partnership that began in 1996 when he turned professional. The iconic agreement was reportedly worth $40 million over five years, making it one of the most lucrative athlete endorsement deals at the time. The collaboration not only propelled Woods to global stardom but also played a pivotal role in shaping the modern landscape of athlete endorsements, with Woods becoming a prominent ambassador for the Nike brand for many years.
Tiger posted on X, the former Twitter platform, Woods stated, “More than 27 years ago, I had the good fortune to begin a partnership with one of the most iconic brands in the world.”
Woods added on social media, “People will ask if there is another chapter. Yes, there will certainly be another chapter.”
Tiger Woods has continued to amaze us through the years. His accomplishments are extraordinary.
14 Major Championships: Woods has won 15 major championships, including five Masters titles, four PGA Championships, three U.S. Opens, and three British Opens.
Career Grand Slam: He achieved the Career Grand Slam by winning each of the four major championships at least once.
79 PGA Tour Wins: Woods has secured 82 victories on the PGA Tour, tied for the record with Sam Snead.
1997 Masters Dominance: At the age of 21, Woods won the 1997 Masters by a record 12 strokes, marking his first major victory.
World Number 1: Tiger spent a record total of 683 weeks ranked as the World No. 1 golfer.
Back-to-Back U.S. Open Wins: In 2000, Woods achieved a historic feat by winning the U.S. Open with a record-breaking 15-stroke margin, following it with a victory at the Open Championship to complete the “Tiger Slam” – holding all four major titles simultaneously.
PGA Player of the Year: Woods has been named PGA Player of the Year 11 times.
Presidential Medal of Freedom: In 2019, he received the Presidential Medal of Freedom, the highest civilian honor in the United States, from President Donald Trump.
— Tiger Woods (@TigerWoods) January 8, 2024
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