Tiger Pens New Nike Deal

He may not have picked up the winner’s cheque in Muirfield, but Tiger Woods was still smiling all the way to the bank after signing a new contract with Nike.

It was Tiger’s fourth deal with Nike, with whom he signed when he turned professional in 1996. Agent, Mark Steinberg, said last month that he expected this deal to keep Tiger at Nike for the rest of his career and leave him as Nike’s highest-paid athlete. It’s reported that the deal is worth as much as $20million per year.

“We are thrilled to continue our partnership with Tiger,” Cindy Davis, president of Nike’s golf division, said in the statement. “He is one of Nike’s most iconic athletes and has played an integral part in Nike Golf’s growth since the very beginning.”