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. I'm insensitive and callous. But let me just try to make the case that Tiger is a huge value play right now.
Let's begin with the factsHere's what we know about Tiger Woods and golf: No doubt about it, the guy knows how to swing a golf club. With the possible exception of Michael Jordan, no other athlete has so dominated a major professional sport (on and off the field) as much as Tiger. Short-term thinkingWhat Tiger did was terrible and completely unacceptable. You realize it's only a matter of time before he does return to golf and does so with a serious vengeance, right? From Bill Clinton and John F. What were they thinking? Who Benefits From Tiger Woods' Scandal? Tiger Woods no longer top paid athlete - Jul. 17. Tiger Woods is no longer the best-paid athlete. Click on photo for full rankings from SI.com. NEW YORK (CNNMoney) -- Tiger Woods has finally lost the title of the world's best-paid athlete, more than two years after a sex scandal chased away some of his most lucrative sponsors.
In this year's Fortunate 50 -- Sports Illustrated's ranking of the top-paid U.S. athletes -- boxer Floyd Mayweather Jr. knocked Woods out of the top spot for the first time since the list began in 2004. Woods dropped into third place after golfer Phil Mickelson nabbed the No. 2 spot. Woods' estimated endorsement income fell to $54.5 million in 2011 from $60 million in 2010 and $92 million in 2009, the year that ended with his well-publicized sex scandal. Woods' scandal cost him several high-profile sponsors, most notably Pepsico's (PEP, Fortune 500) Gatorade, which ended its deal with Woods in February 2010. And he's picked up a few new sponsors, although they're not nearly as big as the blue-chip names he lost. Tiger Woods: I Will "Explain" Sex Scandal to My Kids. In his first major news conference since his sex scandal broke, Tiger Woods apologized again for humiliating his wife and family by having numerous flings with various women.
Speaking to reporters Monday at the Augusta National, Woods, 34, said that "a lot has happened in my life in the past five months," but the hardest part was "having to look at myself in a light that I never wanted to look. " PHOTOS: Tiger and his babies "The pain and the damage I caused my wife, my mom, my kids ... Going forward, I am going to have to explain all [this to them] ... but that's my responsibility. I did it. " (Where was Tiger's wife during the conference? He declined to reveal why he went to rehab for 45 days, but he said it allowed him to "to take a look at myself ... He said he never considered going to rehab before the scandal broke. PHOTOS: Tiger and his wife - the way they were "What I was thinking was not correct," he said. "I fooled myself. PHOTOS: Revisit Tiger Woods' sex scandal "That hurts. Elin Nordegren: 10 Things She's Done Since The Tiger Woods Scandal.
Tiger Woods scandal prompts question: Why do men cheat? By Sharon Jayson, USA TODAY Tiger Woods is the latest celebrity caught up in a sex scandal, which makes people wonder — why do men cheat? And are the famous and powerful more prone to indiscretion, or are they just under the microscope more than your average Joe? The famous golfer's admitted "personal failings" have been unfolding ever since his car wreck the day after Thanksgiving. Those who study marriage and work with couples say men who cheat usually do so because they feel something is missing in their primary relationship. "The underlying piece is the fact they're not getting the kind of attention or intimacy they're looking for within their primary relationship. That's true for women as well," says Israel Helfand, a marriage and family therapist in Cabot, Vt.
"We're hearing more about it because of the information age," says Helfand, who along with his wife, a psychotherapist, conducts marriage counseling retreats. "They have more opportunity. A new data analysis by W. The Tiger Woods scandal and celebrity endorsements. A recent issue of Forbes features a full-page ad for the consulting firm Accenture with Tiger Woods striding through tall grass. The tagline reads, “The road to high performance isn’t always paved.” To which the obvious rejoinder these days is “Sometimes it runs straight into a fire hydrant.” Jokes about Woods’s current woes come easy, but the story is not trivial—at least, not in terms of money.
Woods has been the best-paid athlete in the world for almost a decade, and much of that income is from endorsements; ESPN once estimated that his lifetime earnings could total as much as six billion dollars. When the scandal erupted, journalists and brand-marketing experts alike insisted that it would have little impact on Woods’s advertising appeal, and his sponsors—including Nike, Gillette, and Gatorade—quickly affirmed their support for him. But, from the start, this attitude seemed like wishful thinking. There is a logic to this. Tiger: I'm 'infinitely' happier now. Updated Nov 18, 2010 2:40 PM ET Tiger Woods says he's "infinitely" happier now than he was a year ago, just before a Thanksgiving night accident exposed an infidelity scandal that sent his life into turmoil.
He made the statement in a wide-ranging, half-hour interview on ESPN's "Mike and Mike in the Morning" radio show. "Just more clear, more clear about my perspective, who I am, where I want to go. It's amazing how much better I feel internally each and every day," Woods said. "I wasn't happy with who I was. He stressed his devotion to his children throughout the interview and also said he's still focused on catching Jack Nicklaus' record 18 major victories. He also said that fans, his fellow players and their wives have all been supportive of him as he weathered the scandal and his ensuing divorce. “Golf is a self-centered game, in ways good and bad. “I can never truly repair the damage I’ve done, especially to my family.
“The physical pain from that car accident has long healed. Tiger Woods and wife divorce after sex scandal. More Women in the Tiger Woods Scandal -- Seven and Counting. As the Tiger Woods story continues to evolve and escalate, more and more and more (and more) women who aren't named Mrs. Woods have come into the fray claiming they've had affairs with the golf great. Last week there were three. But now, at least four (and maybe more) women have been thrown into the mix, some by their own admission and others by tabloid sources. It can be quite confusing -- so many mistresses, so little time -- so PopEater took the time to break down each alleged Tiger poacher and the stories swirling around them.
Who: Jamie JungersOccupation: Waitress and Aspiring ModelAge: 26Alleged Length of Affair: 18 MonthsHow She 'Knew' Tiger: According to the Daily Mirror, Jungers allegedly met Woods at a party in Las Vegas, where he apparently sent a message to her that he wanted to meet. Credible? Credible? Credible? Last Week's Crop of Tiger Honies: Credible? Credible? Credible? Lins-Leo/X17online.com 162 photos. Brief History of the Tiger Woods Scandal - Photo Essays. Tiger Woods Update: CHEAT SHEET -- 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. Reports of a domestic brawl over extramarital dalliances surfaced almost immediately.
Elin Nordegren, 29, a Swedish former bathing suit model born in Stockholm, married Tiger Woods, 33, in 2004.