Vijay Singh Still Sporting Stanford
Talk about loyalty.
Despite Thursday night's federal indictment of its chief executive and several others on fraud and additional charges, golfer Vijay Singh walked out on to the ninth green this morning at the US Open to finish his first round dressed in Stanford attire.
Stanford agreed to pay an estimated $8 million to Singh to put its logo on his shirt, hat and golf bag. And even though the company defaulted long ago on its agreement with Singh, the golfer from Fiji is surprisingly still wearing the company's logos today.
Singh's management company IMG had said that everything would remain status quo until something changed regarding Stanford.
The company's chief executive Allen Stanford is scheduled to appear in federal court in Virginia today.
Questions? Comments? SportsBiz@cnbc.com