Nike (NKE) has no plans to change its sponsorship deal with golfer Tiger Woods following Woods' arrest for driving while under the influence earlier this week. "There is no change in our relationship with Tiger," a Nike spokesperson told CBS News Wednesday.
Woods no longer uses Nike's discontinued line of golfing equipment, but he is still a brand ambassador for the company's golf apparel business.
Police reports confirm that the former number one golfer in the world was not drinking and driving when police found him asleep behind the wheel of a pulled over car early Monday morning.
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