Tiger Woods ended his nearly 30-year partnership with Nike, which began with a $40 million deal in 1996 and grew to a $200 million extension in 2013.
The collaboration survived a scandal in 2009 and lasted through 15 major championship victories and 82 PGA Tour wins.
“Over 27 years ago, I was fortunate to start a partnership with one of the most iconic brands in the world,” Woods said in a statement posted on social media that included a photo of him posing with Nike founder Phil Knight. “The days since have been filled with so many amazing moments and memories, if I started naming them, I could go on forever.” (Trending: Fox News Star Accused Of Major Scandal)
“Phil Knight’s passion and vision brought this Nike and Nike Golf partnership together and I want to personally thank him, along with the Nike employees and incredible athletes I have had the pleasure of working with along the way,” Woods continued. “People will ask if there is another chapter. Yes, there will certainly be another chapter. See you in LA! Tiger”
Woods expressed gratitude for the partnership and hinted at a new chapter.
Nike also acknowledged his impact on golf and hinted at his potential return to play at the Genesis tournament in February.
Nike responded by saying: “Tiger, you challenged your competition, stereotypes, conventions, the old school way of thinking.”
“You challenged the entire institution of golf,” the statement said. “You challenged us. And most of all, yourself. And for that challenge we’re grateful.”
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