AT&T Paid Zilch to Break Tiger's Contract
NEW YORK (
) --
Tiger Woods
allowed
AT&T
(T) - Get Report
to back out of its contract with Woods without paying off the rest of its deal, according to the
New York Times
.
The article says that AT&T confirmed it was able to drop Woods as its company spokesman without paying even a dime of what it owed the golfer or going to court.
Accenture
(ACN) - Get Report
is reportedly another former Woods sponsor that managed to drop the golfer without having to go to court.
Sponsors including
Nike
(NKE) - Get Report
and
Electronic Arts'
(ERTS)
EA Sports division still stand by him. It's worth noting that the marketing strategies of those firms are
almost inextricably intertwined with Woods' image
.
-- Reported by Andrea Tse in New York
RELATED STORIES:
>> Nike to Market Clubs Without Tiger Woods
>> EA Sports: Preparing to Drop Tiger Woods?
>> 'Tiger Woods Portfolio' a Buy, Poll Says
>>The Tiger Woods Portfolio: Buy or Sell?
>> Tiger Woods Being Erased by TAG Heuer
>> PGA: "We Can Move Forward Without" Tiger
>> Tiger Woods Erased by Accenture
>>Tiger Woods, Dubai World Still Friends
>> Next Sponsor to Drop Tiger: Tag Heuer?
>>Tiger's Infidelities a "Minor Blip:" Phil Knight
>> Tiger Woods Loses Accenture Sponsorship
>> Sponsors Should Drop Tiger Woods: Poll
>>Gatorade Drops Tiger Woods Drink
>> Tiger Woods' Sponsors Begin to Drop
>>Are Tiger's Sponsors Doing the Right Thing?
>> Tiger Woods Financial News
>>See our new stock quote page.
Follow TheStreet.com on
and become a fan on
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.









