Tiger Woods Inks New Contract With Nike
Tiger Woods has reportedly re-upped with Nike for a new endorsement deal, replacing his current contract that was set to expire this year.
Woods' agent, Mark Steinberg, told ESPN Wednesday (July 17) that the contract with the shoe and apparel giant was inked two weeks ago.
Details, however, were not disclosed at press time.
"We're comfortable with where we ended up and the career trajectory that Tiger will be on with Nike," Steinberg told the network. "I'm thrilled we were able to complete this deal."
Last month, Steinberg acknowledged a new deal was imminent, and said he was "confident [Woods] will be with Nike for the rest of his career."
Woods' previous deal with Nike was signed in 2006. Before that, the golf superstar has been with Nike since turning pro in 1996, when he first signed a five-year deal for a reported $40 million.
Nike has not dilvulged any details either. But, confirmed the new deal, and said Tiger "has played an integral part in Nike Golf's growth since the very beginning."