
Next Sponsor to Drop Tiger: Tag Heuer?
NEW YORK (
) -- Swiss watchmaker
Tag Heuer
could be the next sponsor to drop
Tiger Woods
, according to various reports.
The rumors have been brewing ever since a Tag spokesperson said that the company is "considering" whether to drop or keep its seven-year relationship with Woods -- though the company maintains that Woods is still "the best in his domain."
Tag announced that it would assess its ties with the no. 1 golfer after Woods announced on Friday that he would be taking an indefinite leave from golf. Shortly afterwards,
Accenture
(ACN) - Get Report
became the first sponsor to sever its ties with Woods since news of his car crash and philandering grew to epic proportions in the last few weeks.
>> The Tiger Woods Stock Index
P&G's
(PG) - Get Report
Gillette division responded to Woods' announcement with an announcement of its own: it will begin to limit ads that feature him.
AT&T
(T) - Get Report
says it also reviewing its deal with Woods. However, the golfer still has the full support of
Nike
(NKE) - Get Report
,
Electronic Arts
(ERTS)
and
PepsiCo's
(PEP) - Get Report
Gatorade brand.
-- Reported by Andrea Tse in New York
RELATED STORIES:
>>Tiger Woods, Dubai World Still Friends
>>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 (Mostly) Standing by Woods
>>Are Tiger's Sponsors Doing the Right Thing?
>>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 This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.









