Asked by: Nasrin Yahyaasked in category: General Last Updated: 29th January, 2020
How much do Nike pay Tiger Woods?
Similarly one may ask, how much does Nike pay tiger per year?
Tiger's first contract with Nike in 1996 (reportedly for $40 million over 5 years). According to a 2013 ESPN report, this was followed by an estimated $100 million contract signed in 2001 over 5 years, and then an 8-year deal in 2006 for an estimated $20-40 million annually.
One may also ask, does Nike sponsor Tiger Woods? Nike says it will continue to endorse Tiger Woods. Nike announced Tuesday it would continue endorsing Tiger Woods following the golfer's DUI arrest over Memorial Day weekend. According to a company spokesperson, Nike confirmed to USA TODAY Sports there will be no change in its relationship with Woods.
Considering this, how much does Tiger Woods make from endorsements?
In 2013, for example, Tiger Woods made $71 million from endorsement deals, compared to $12 million on the golf course, the report said. In 2018, Forbes ranked Tiger Woods as the world's 16th highest-paid athlete, with $42 million out of his $43.3 million total earnings coming from endorsements.
Does Tiger Woods have a lifetime contract with Nike?
Sept. 15, 2000 -- Tiger Woods formally signed a new five-year endorsement contract with Nike today as industry analysts tried to answer the $100 million question. Is a golfer worth that much money?