Tiger Woods’ 27-year partnership with Nike (*27*) has come to an finish. The famous person golfer introduced the information in an announcement Monday on social media platform X.
“Phil Knight’s ardour and imaginative and prescient introduced this NIke and NIke golf partnership collectively and I need to personally thank him, together with the Nike workers and unimaginable athletes I’ve had the pleasure of working with alongside the way in which,” Woods wrote .
The announcement got here after months of hypothesis that the 2 would break up. Nike confirmed the information on Instagram with an image of Woods in his iconic crimson polo with the textual content “It was a hell of a run.”
Mark Steinberg, Woods’ longtime agent, instructed CNBC that the golfer made a enterprise choice to not renew with Nike.
There’s no phrase but on Woods’ plans for a future endorsement deal. But he mentioned on social media: “There will definitely be one other chapter.”
This is a growing story. Check again for updates.
