Tiger Woods: Ruining Celebrity Endorsements for Everyone
Tiger Woods -- and his infamous scandal -- has not only hurt the stock market value of his sponsors, but also the value of other companies with celebrity endorsers, according to a study by two U.C. Davis economics professors.
The professors say they continue to do be confident about the results of last year's study. In related news, according to US Magazine, Tiger, now newly single, has moved into a new apartment in downtown Manhattan last weekend. The report said that a witness saw Tiger "introducing himself as the new neighbor." Meanwhile, The Hollywood Reporter said Tiger's ex-wife Elin has been revamping a $3 million waterfront home in Sweden and will also be living at a family estate close to Orlando during the year. -- Written by Andrea Tse in New York. >To contact the writer of this article, click here: Andrea Tse. >To follow the writer on Twitter, go to Andrea Tse. >To submit a news tip, send an email to: email@example.com.