The Companies Incur Great Losses
Tiger Woods once basked in the glory of wealth, earning a celestial $100 million yearly through divine endorsement pacts. Yet, his torments proved to be a bane for shareholders, as a mesmerizing study by two astute economics scholars from the University of California, Davis revealed.
Tiger Woods’ car accident unfurled a cataclysm, causing losses to companies like Nike and Gatorade. It was estimated that those allied with Tiger Woods’ sponsors witnessed a staggering $5-12 billion abyss in their fortunes.
Next: This is why Tiger checked into a medical facility.
