Sports experts are saying that Tiger Woods is in serious danger of losing more than $20 million in endorsements after his embarrassing DUI last night.
Woods was caught driving intoxicated around 3am, and had to be taken to the precinct. He has already issued apologies to family and fans. His camp is also saying that it was a mix up with sleep medication and not a sign of any serious problems.
Many are expecting Nike to drop the golf star, and Woods has a $20 million contract with them. If they decide to drop him due to pressure, it would be a huge blow for the golfer’s public image.
The Daily Mail reports:
Despite standing by him following his much publicized marriage breakup amid rampant infidelity and subsequent loss of form, observers expect backers such as Rolex and Bridgestone to re-examine their relationship with the 14-time Major winner.
And to add insult to injury for Woods it is expected that Florida cops will release highly embarrassing dashcam footage of his 3am arrest on Tuesday, during which officers claimed the star – who is worth $740m – was belligerent and ‘arrogant’.
And before Woods broke his silence to address the arrest on Monday evening some of the notorious womanizer’s ex-mistresses came to his defense.
Model Coris Rist, who had a six-month affair with the golfer in 2006 when he was married to Elin Nordegren said that the news of his arrest was ‘kind of sad’ and that he ‘was going through a difficult time’.
Furthermore, TMZ claimed that his current girlfriend, Kristin Smith found out about the arrest while shopping at a Neiman Marcus store in Dallas and ‘went crazy’, began crying and said ‘I knew it, I knew it’.