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Current DateTime: 11:19:22 10 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/10/2012 11:21:30 AM

SPORTS BIZ SLIDESHOWS

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Current DateTime: 11:19:22 10 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

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ABOUT SPORTS BIZ

Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

Sponsors Will Suffer From Tiger’s Absence

Published: Wednesday, 18 Jun 2008 | 3:29 PM ET
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By: Darren Rovell
Sports Business Reporter

Tiger Woods has many endorsement deals, but the ones that will be the hardest hit are the companies that stand to benefit from Woods when he’s out on the course.

In order to get an estimate as to how much would be lost, I called Eric Wright of Joyce Julius & Associates, a firm that breaks down logos on the field of play and translates it into equivalent television advertising time.

Assuming that Woods would play in nine more tournaments, and conservatively betting that Woods would win four of them, Wright estimated that lack of having Tiger’s swooshes out on the course would result in $65 million to $75 million worth of lost exposure.

Since Buick is on Woods’ bag and occasionally gets into the shot while he’s playing, Wright said Buick will lose out on $5 million to $10 million of exposure.

Finally, since doing a deal with Gatorade, Woods has been chugging it out on the course. The shots where Woods actually has drink in hand are rare, but Wright says Gatorade will miss out on about $2 million in exposure with Woods being off the course.

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Current DateTime: 09:37:12 10 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 09:37:12 10 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 10:45:45 10 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 09:37:12 10 Feb 2012
LinksList Documentid: 29779199
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