January 6, 2011: He may or may not be a fan of Queen, but Tiger Woods can certainly relate to the rock music group's song, "Another One Bites the Dust."
Woods and Golf Digest said in a joint statement that world's most visible golfer would no longer write articles for the magazine. Woods began working with Golf Digest in August 1997. His last column is scheduled to appear in the February issue.
Since his private life became public following his one-car accident during Thanksgiving Day weekend in 2008, Woods has seen deals end with Accenture, AT&T, PepsiCo's Gatorade and, most recently, Procter & Gamble's Gillette
According to Golf Digest's own recently released list of the Top 50 money earners in the sport, Woods' income dropped almost $50 million in 2010.
"Given the scandal he was embroiled in and the mediocre season that followed, it shouldn't be a surprise that Tiger Woods' overall earnings of $74.2 million were his lowest in a decade," according to Golf Digest. "Compared to 2009, in fact, when he made $121,915,196, Woods was forced to take a $48 million pay cut last year. So where did that leave the 14-time major winner on Golf Digest's all-encompassing money list? Actually, still right at the top."
Woods had focused on instructional articles for the magazine, where he was listed in the magazine’s masthead as “Exclusive Playing Editor.” Golf Digest, owned by Conde Nast, has a circulation of 1.65 million.
“Golf Digest and Tiger Woods have mutually agreed to stop his monthly bylined articles,” Jerry Tarde, Golf Digest editor in chief, said in a statement. “His last regular column will appear in the February 2011 issue of Golf Digest, at which time he will also leave the masthead. We appreciate the insights Tiger has provided to our readers.”
Mark Steinberg, Woods' agent at IMG, was quoted in press reports saying that said the contract with Golf Digest had ended last year and they could not agree on new terms.
“I enjoyed my relationship with Golf Digest, but we have decided it’s now time for a break. I wish my friends at Golf Digest continued success.”
Woods said in a statement on Jan. 6, “I enjoyed my relationship with Golf Digest, but we have decided it’s now time for a break. I wish my friends at Golf Digest continued success.”
Woods still has endorsement deals with Nike, EA Sports, Upper Deck, Tag Heuer, NetJets and TLC Laser Eye Centers. EA Sports' new videogame, Tiger Woods PGA Tour 12: The Masters, is scheduled for release in March. The 2011 season of the PGA Tour began on Jan. 6 with the Hyundai Tournament of Champions event in Hawaii, but Woods was at Nike headquarters in Beaverton, Ore., for a series of scheduled meetings.
According to Nike Golf's Twitter account, Woods spoke with employees, worked on golf product development, was interviewed on Nike's in-house radio station and took time for a workout. “You never know who you will see at the Nike World Headquarters gym . . . Tiger Woods working out before a day of product meetings," the company tweeted.