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Separation after more than 27 years: Tiger Woods and sporting goods manufacturer Nike have ended their long-standing partnership.
In the message X The 48-year-old golf superstar also announced a “new chapter”, but left it unclear what it was. He was “lucky” to “begin a partnership with one of the most iconic brands in the world” in 1996, Woods wrote, thanking Nike employees and athletes and especially Nike founder Phil Knight for his “passion and vision ».
There are “so many wonderful moments and memories that I could go on forever if I listed them,” Woods continued.
10 billion in sales
According to a news agency estimate AFP Based on financial records, Nike’s golf division generated more than $10 billion in revenue from its partnership with Woods, peaking at $791 million in 2013. The 15-time major tournament winner, for his part, has from Nike received an estimated $500 million. He last signed a ten-year contract worth $200 million in 2013.
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