Wednesday, February 8th, 2012
Tiger Woods Sex Scandal Cost 4.6 Million Dollars
The golf stars sex scandal host his agency IMG 4.6 Million Dollars according to reports. This will have a knock on effect to the golfer’s endorsements next year where he is likely to lose 25 million dollars. Most noticeable endorsements include Accenture, AT and T and Gatorade.
“He’s still doing pretty well,” the New York Daily News quoted a source said as saying.
And Woods’ management company IMG is also in no danger of going broke.
The agency made a profit of 85.3 million dollars last year, according to CNBC.