US 
PLAYER OF YEAR
TIGER WOODS
SIGNS NEW MULTI-MILLION DOLLAR DEAL WITH NIKE
Tiger Woods has signed his third multi-year agreement with Nike, according to an ESPN report.
Terms of the contract were not released, but they have been quite lucrative in the past. Woods' original contract in 1996 was worth a reported $40 million over five years.
In 2001, he signed another five-year deal for a reported $100 million. So Tiger's value to Nike went up by by 150% from 1996 to 2001.
If he gets a pay rise of the same magnitude, then Tiger's new deal for the next five years must be worth $250,000 million.
"We're obviously delighted to be renewing our relationship with Tiger," Nike Golf president Bob Wood told ESPN. "Nike is lucky to have the kind of partnership with Tiger that goes beyond a simple endorsement. He has really helped Nike Golf grow over the years through his involvement in product development, whether it is clubs, balls, apparel or footwear.
"In the future, we see Tiger playing a key role in continuing the strong momentum Nike Golf now has both inside and outside the USA."
More news about Tiger:
Tiger Woods has been voted the Player of the Year by his fellow US PGA Tour players.
Woods earned the Jack Nicklaus Trophy for the eighth time in his 10-year pro career - an amazing record of consistency at the very highest level.
During 2006, he boosted his total of Major wins to 12 with victories in the Open and US PGA championship.
Getting closer every year to the Golden Bear's career record of 18 Major titles, Woods won eight events and led the US PGA Tour with $9.9-million in prize money.
He also won the Byron Nelson Trophy for the low US PGA Tour scoring average at 68.11 strokes a round.
South African Trevor Immelman was named the US PGA Tour Rookie of the Year. He won the Western Open and banked in the region of $3.8million in prize money
American Steve Stricker was named the US PGA Tour Comeback Player of the Year. In 17 He had seven top-10 finishes in 17 starts, finishing 34th on the money list with more than $1.8million.
PLAYER OF YEAR TIGER WOODS
SIGNS NEW MULTI-MILLION DOLLAR DEAL WITH NIKE
Tiger Woods has signed his third multi-year agreement with Nike, according to an ESPN report.
Terms of the contract were not released, but they have been quite lucrative in the past. Woods' original contract in 1996 was worth a reported $40 million over five years.
In 2001, he signed another five-year deal for a reported $100 million. So Tiger's value to Nike went up by by 150% from 1996 to 2001.
If he gets a pay rise of the same magnitude, then Tiger's new deal for the next five years must be worth $250,000 million.
"We're obviously delighted to be renewing our relationship with Tiger," Nike Golf president Bob Wood told ESPN. "Nike is lucky to have the kind of partnership with Tiger that goes beyond a simple endorsement. He has really helped Nike Golf grow over the years through his involvement in product development, whether it is clubs, balls, apparel or footwear.
"In the future, we see Tiger playing a key role in continuing the strong momentum Nike Golf now has both inside and outside the USA."
More news about Tiger:
Tiger Woods has been voted the Player of the Year by his fellow US PGA Tour players.
Woods earned the Jack Nicklaus Trophy for the eighth time in his 10-year pro career - an amazing record of consistency at the very highest level.
During 2006, he boosted his total of Major wins to 12 with victories in the Open and US PGA championship.
Getting closer every year to the Golden Bear's career record of 18 Major titles, Woods won eight events and led the US PGA Tour with $9.9-million in prize money.
He also won the Byron Nelson Trophy for the low US PGA Tour scoring average at 68.11 strokes a round.
South African Trevor Immelman was named the US PGA Tour Rookie of the Year. He won the Western Open and banked in the region of $3.8million in prize money
American Steve Stricker was named the US PGA Tour Comeback Player of the Year. In 17 He had seven top-10 finishes in 17 starts, finishing 34th on the money list with more than $1.8million.
posted by Colin |
See story on its own page | Tuesday, December 12, 2006
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