Ever since he ran his Escalade into a tree, the world has been a buzz with everything Tiger Woods. As scandalous details continued to be uncovered, the discussion fell to just how much this story will hurt the icon’s business.
Notice that this discussion didn’t last long. While Woods’ sponsors surely took a moment to lament his “transgressions,” it is extremely unlikely that any of them will ditch the player anytime soon (unless – that is – his personal life starts affecting his professional life.) In fact, each of his big-name sponsors followed his public statement with their own, in which they showed their unwavering support for the world’s number one golfer/ their cash cow.

It is unlikely Tiger's trangressions will cost him more than his marriage (http://tinyurl.com/ykaqt6s)
In the past few years, Woods has partnered with some of the greatest corporate brands on the planet. In doing so, he not only planted himself on the fast track to becoming the first billionaire athlete, but also made millions for his sponsors. According to Forbes.com, “Nike has built an $800 million (sales) business on his back; The Tiger Woods EA Sports PGA Tour series – now in its 12th incarnation – is one of the most popular videogames on the market; and Pepsi-Co launched a line of Gatorade Tiger sports drinks last year.”
Not only do these sponsors not want to lose this business, they more importantly do not want to lose this business to someone else. If any one of these corporations were to break contract with Woods, it would only take seconds for another competitor to cash in on the golfer’s success. And it’s not like these corporations have another golfer to turn to. According to the E-Poll Market Research on Forbes.com, Phil Mickelson is the golfer with the second highest public awareness – of 25% – a number that pales in comparison to Woods’ 82%.
The idea that true sports fans are going to stop rooting for their favorite athlete based on infidelity is unsubstantiated. If that were the case, very few athletes would have fans at all. Sponsors – and fans – do not adore Tiger because he is a good guy. Padraig Harrington is probably a good guy, but the majority of people haven’t heard of him. That’s because he can’t pick up a golf club and do what Tiger can. In fact, no one can.
Tiger Woods made golf popular. As Kurt Badenhausen points out in his article, Save The Tiger, “the top three TV ratings in the history of the U.S. Open were all Woods victories, in 200, 2002, and 2008. The ratings during the fourth round of the 2008 U.S. Open where Woods completed on a torn knee ligament and a double stress fracture in his leg beat those of Game 5 of the NBA Finals between the Los Angeles Lakers and Boston Celtics, which played the same day.” And when Woods missed that year’s PGA Championship due to his injuries? Ratings plummeted 55%.
As long as Tiger Woods continues to play the course as only he can, the idea that any sponsor would want to part ways with the golfer is incredulous. Fans and advertisers will continue to watch in awe, as he dominates the game of golf.