Next Sponsor to Drop Tiger: Tag Heuer? - TheStreet

NEW YORK (

TheStreet

) -- 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?

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