Sunday, July 17, 2011
Word is Tiger is doing commercials in Japan. Entourage fans will know how low that likely means the cashflow is. Tiger is selling back rub, some kind of Japanese Ben Gay. He has lost endorsement deals from Gillette, Accenture, Tag Heuer, and Gatorade in the last two years.
Tiger reportedly had to dole out approximate $100 million for his divorce settlement. Who knows how liquid that left him? Yahoo estimates his endorsement deals have dropped from in the neighborhood of $75 million a year to more like $20 million. His golf earnings have also dipped from the low eight figures annually to under a million dollars year to date.
Read more here.