And just like that, we’re witnessing the end of an incredible 27-year partnership that has left its mark on the pages of sports history.
In a surprising turn of events, golf legend Tiger Woods has officially announced the end of his longstanding 27-year partnership with Nike.
It marks the conclusion of one of the most remarkable collaborations in sports history.
Over the years, this partnership evolved into a highly lucrative endorsement deal. As per Independent Record, Woods reportedly signed his last 10-year contract in 2013, valued at an impressive $200 million.
Reflecting on this significant chapter in his career, Woods shared on Instagram, “Over 27 years ago, I was fortunate to start a partnership with one of the most iconic brands in the world. The days since have been filled with so many amazing moments and memories, if I started naming them, I could go on forever.”
In response, Nike paid tribute to the golf legend, posting an image of Woods in his trademark red top, fist-pumping the air, accompanied by the words: “It was a hell of a round, Tiger.”
The sportswear giant acknowledged Woods for challenging conventions in golf and expressed gratitude for his transformative impact on the sport.
End of an Era
Woods hinted at “another chapter” in his social media announcement. Fans are left speculating without specific details.
The industry is now buzzing with anticipation over Woods’ potential new partnerships.
According to Forbes, as per online sportsbook Bovada, TaylorMade and Greyson Clothiers are the frontrunners, with odds at +300.
TaylorMade, having supplied Woods with clubs since Nike’s exit from the golf equipment business in 2017, is considered a logical contender.
Industry insiders suggest that a collaboration with Woods could significantly boost TaylorMade’s presence in the competitive U.S. market, according to Forbes.
As Woods returns to competitive play after a seven-month hiatus due to injury, his sign-off sparks speculation. “See you in LA!” has ignited rumors about his participation in the upcoming Genesis Invitational at Riviera Country Club from Feb. 15-18.
Golf enthusiasts and industry observers are eagerly awaiting further developments in this new chapter of Tiger Woods’ illustrious career.
Odds are, we’ll have insights into Woods’ next destination by then.
Banner photo via Instagram @nike.