Tiger Woods net worth since the infidelity scandal and his divorce settlement - National celebrity infidelity. What is Tiger Woods net worth since the infidelity scandal that led to his divorce from Elin Nordegren?
Many people are curious about how Tiger Woods was affected financially by the exposure of his multiple extramarital affairs. Forbes magazine has been tracking Tiger Woods earnings since 1996 when he turned pro. Prior to his highly publicized infidelity scandal, Forbes estimated Tiger’s net worth to be $600 million. He was the highest paid professional athlete in the world, with cumulative career earnings totaling over $1 billion. The Real Losers in the Tiger Woods Scandal. One family has been destroyed, and millions have lost a role model.
We know that these are the victims of Tiger Woods' depraved and selfish acts, but they are not the losers. The real losers in this whole affair will be the corporate sponsors who've just dumped a golden goose after what amounts to just another bread-and-butter scandal. Yes, I know. I'm a monster. Tiger Woods and wife divorce after sex scandal. Tiger Woods scandal update: Fans attack Woods calling him 'phony', 'fake' and 'fraud' - National Celebrity Fitness and Health. Tiger Woods Affair Scandal Economic Impact. Tiger Woods' affair resulted in a well-publicized car crash the day before Thanksgiving 2009.
How did this impact the economy? According to research by two economics professors, it cost Tiger Woods' corporate sponsors $12 billion in lost stock value. Between November 25 and December 13, companies such as Gatorade, Nike and Electronic Arts stock prices fell 2.3%, costing shareholders $12 billion. Another impact could be lower viewership once the affair made Tiger decide to sit out that season. Nielson ratings showed that viewership is 50% higher when Tiger is playing a tournament.It is difficult to estimate the total impact this will have on the $75 billion golf industry. Tiger earns close to $100 million a year from his winnings and his endorsements. Financial impact for golf felt all around with Tiger Woods gone. By Michael McCarthy, USA TODAY Tiger Woods' self-imposed exile could cost him millions in endorsement dollars and winnings.
But the loss of golf's biggest cash cow also could deliver a financial whammy to the PGA Tour, TV networks, corporate sponsors and other entities that rely on the world's No. 1 player to drive their business. Without the so-called Tiger Effect, pro golf could be staring at the Tiger Recession. The Tiger-less Tour begins in earnest today at the Farmers Insurance Open at Torrey Pines near San Diego. The former Buick Invitational is viewed as the de facto start of the season since it's typically Woods' first tournament and the first to attract broadcast TV coverage. Tiger Woods: A PR Disaster. By: Gini Dietrich | February 21, 2010 | A lot of people have asked me what I think about Tiger Woods and the apology he gave on Friday.
I’m never one to react with a knee jerk. I like to let it all soak in, discuss opposing sides, and then tell you what I think. But this one is a little bit different…mostly because the incident happened three months ago (so I’ve had plenty of time to let it sink in) and my opinion of how he should have handled this is no different just because he read a scripted apology on Friday. Tiger Woods speech today: Golfer says Elin Nordegren 'never hit me,' and 'deeply sorry' for cheating. Skipper/Pool Tiger Woods at press conference today as he delivers a public apology in wake of the sex scandal that has engulfed him.
Tiger Woods tucked his tail between his legs Friday and finally apologized in person for the sordid sex scandal that turned the world's greatest golfer into a pathetic punchline. Looking into the cameras like a condemned man, an unflinching Woods delivered a carefully-scripted apology marked by apparent remorse - and a few flashes of anger. Woods admitted he cheated on his wife, Elin, with a bevy of babes and placed the blame squarely on himself.
"I was unfaithful. I had affairs. Woods also made an unprecedented admission by a professional athlete - that his sex romps were due to a misguided and over-inflated sense of entitlement. "I knew my actions were wrong, but I convinced myself that normal rules didn't apply," he said. "I don't get to play by different rules," he said. During the painful 13-minute speech, the scandal's toll was visible. Comeback on hold. CNN: Tiger Woods' full apology speech. Brief History of the Tiger Woods Scandal - Photo Essays. The women, the events surrounding the golf great. Holly Sampson, Kalika Moquin, Mindy Lawton, Jamie Jungers, Cori Rist and Jaimee Grubbs are the allged Tiger Woods mistresses.
Tiger Woods may be the world’s top golfer, but he’s looking like one sub-par husband and that perfect swing is no match for the kind of rough he's stuck in now. With eight alleged mistresses (and counting), Woods has bogeyed beyond the point of salvage and that careful wall he'd constructed to protect his private life is all but pulverized. A new player comes to the fore with each passing day. To keep them straight – we offer this guide to the key places and faces in the Tiger Woods sex scandal: THE CRASH: The scandal began Nov. 27, after Woods rammed his black Cadillac Escalade into a fire hydrant and a tree outside his mansion in Windermere, Fla. Elin Nordegren, 29, a Swedish former bathing suit model born in Stockholm, married Tiger Woods, 33, in 2004.
Rachel Uchitel: Uchitel was the first woman linked to Woods.