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Tiger Woods close to $100-million Nike deal
Fresh off his record-breaking summer of golf, Tiger Woods is on the verge of signing a $100-million endorsement contract with Nike believed to be the richest in sports, the Associated Press has learned.
Fresh off his record-breaking summer of golf, Tiger Woods is on the verge of signing a $100-million endorsement contract with Nike believed to be the richest in sports, the Associated Press has learned.
Mark Steinberg, his agent at IMG, declined to discuss
specifics of the deal on Thursday, only to say it was an
outstanding contract.
Woods' previous contract with Nike was said to be 40
million over five years. He was used heavily in their
advertisements and established his own line of clothing and
shoes.
A source close to the negotiations, speaking on condition
of anonymity, described it as the largest contract in sports
marketing history, worth about $100 million over five years.
Bureau Report