Tiger Woods introduced Monday that he has parted methods with Nike after a 27-year partnership.
“Over 27 years ago, I was fortunate to start a partnership with one of the most iconic brands in the world,” Woods wrote on X, previously Twitter. “The days since have been filled with so many amazing moments and memories, if I started naming them, I could go on forever.”
Woods went professional in golf in 1996, when he was 20 years previous, and instantly signed a cope with Nike for $60 million. In 2000, he signed on for one more 5 years for $105 million. A 2004 Forbes article notes that Woods would typically put on Nike in appearances for his different endorsement offers, together with when he was representing American Express, General Motors and others.
In Woods’ social media announcement, he thanked Phil Knight, the previous CEO of Nike, and different Nike staff.
“People will ask if there is another chapter,” Woods wrote. “Yes, there will certainly be another chapter. See you in LA!”
Woods didn’t point out why the partnership is ending. In a press release to HuffPost, Nike mentioned the corporate needs Woods “the best in the future.”
“For over 27 years, we have had the honor to partner with Tiger Woods, one of the greatest athletes the world has ever seen,” the assertion reads. “We have witnessed along with the rest of the world, how Tiger not only redefined the sport of golf, but broke barriers for all of sport. We watched him set records, challenge conventional thinking and inspire generations of people around the globe. We are grateful to have been a part of it. We wish him the best in the future.”
