Golf, broadcasters and sponsors may lose hundreds of millions of dollars from the golfers indiscretions.
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Dec. 17 (Bloomberg) -- Tiger Woods’s indiscretions will cascade through Golf Inc., costing the PGA Tour, television networks such as CBS and merchandise vendors like Nike Inc.
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Justin Timberlake is closing his Golf course for six months to make improvements just a half-year after opening it.
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For networks that broadcast tournaments, the troubled golfer's absence could hurt ratings, which in turn would mean fewer advertising dollars. Tiger Woods isn't the only one who is going to take a financial hit for his indiscretions. The broadcast and cable networks that count on him and his amazing Golf game for big ratings will also feel his pain -- at least in the near term.
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Tiger Woods' much-publicized marital problems have started to cost him money. But they're probably going to hurt the pro Golf tour, and its various sponsors and broadcasters, even more.
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The 2010 Ladies European Tour Golf schedule will contain 27 tournaments, four more than this season, in 20 countries including new stops in New Zealand, Morocco, Slovakia and China.
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When Tiger Woods' break from Golf ends, he's unlikely to regain his crown as one of the world's most valuable pitchmen, even if he gets back to winning tournaments and convinces people he's changed.
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Reaction to American world number one Tiger Woods' decision to take an indefinite break from Golf due to recent marital problems with wife Elin.
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Tiger Woods is taking an indefinite leave from professional Golf to work on saving his family, using the word "infidelity" for the first time in a statement posted on his website.
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ORLANDO - Tiger Woods is reportedly set to quit Golf in a desperate move to salvage his marriage that is close to disintegrating in the face of his sexual shenanigans. A friend of Elin Nordegren said she had given Woods an ultimatum: "It's Golf ... or me." The Sun of Britain said the world No 1 had told Nordegren that he would do anything to save their marriage after he was linked with a string ...
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