Tiger Woods showed no remorse turning down a deal that could’ve changed his career.
Looking back at his career, Tiger Woods has been making a fortune for a while now. His first deal with Nike is still surreal to look back on, worth millions. Nowadays, Woods is still adding to his net worth, while turning down huge money offers as well.
In the following, we’re going to take a closer look at the offer Tiger Woods turned down, and exactly how much he said no to. We’ll reveal Tiger’s reasoning, and why he even put the PGA on blast.
We’re going to conclude by taking a look at other business decisions made by Woods, which included saying goodbye to Nike, and starting his very own brand.
Tiger Woods Turned Down A Massive $800 Million Offer To Join LIV Golf
One of the biggest, if not, the biggest offers of his career. According to LIV Golf CEO Greg Norman, an offer was put in place for Tiger to join the organization. The reported rejected offer, between $700 million and $800 million. The sum would have potentially almost matched Tiger’s net worth which is over $1 billion. Greg Norman told Tucker Carlson about the offer,
“That number was out there before I became CEO.”
“Look, Tiger is a needle mover, right? So, of course you’re got to look at the best of the best,” said Norman. “They had originally approached Tiger before I became CEO. That number is somewhere in that neighborhood.”
Not only did Tiger turn down the offer, but he also took shots at Greg and his intent with LIV Golf.
“I know Greg tried to do this back in the early ’90s. It didn’t work then, and he’s trying to make it work now. I still don’t see how that’s in the best interests of the game.”
Tiger Woods added, “Greg has done some things that I don’t think is in the best interest of our game, and we’re coming back to probably the most historic and traditional place in our sport.”
The number offered to Tiger clearly didn’t rattle the golfer and, in fact, he would continue to take shots at LIV Golf in recent years.
Tiger Woods Was Upset Over Negotiations Between The PGA Tour And LIV Golf
Not only did Tiger turn down the deal, but he has also been insistent on the PGA Tour and LIV staying separate. Tiger took exception to a possible deal being reached without consulting the players.
“Jay understands what happened prior to that can’t happen again, and it won’t happen again, not with the players involved. Not with the player-directors having the role we have.”
“The overall emotion is we can’t let that happen again; how do we do that? Having six player-directors, we control the board and what we’re going to do. We can’t let what transpired without our involvement happen again.”
Tiger Woods clearly wasn’t a fan of the agreement, and wasn’t pleased at how it all went down.
“My reaction was surprise,” Woods added. “A lot of players were taken aback by it. So quickly, without any feedback or information. I was surprised that the process was what it was. “We were frustrated with what happened. We took steps moving forward to ensure player involvement wasn’t going to be left out of the process, Part of that process is putting me on the board.”
From a business side of things, Woods is doing just fine and clearly doesn’t need the added funds. That was especially apparent after he left a lengthy sponsorship deal with Nike.
Tiger Woods Made The Bold Decision To Leave Nike For His Own Brand, Sun Day Red
It was a new chapter for Tiger Woods as he revealed his new brand, Sun Day Red. Leaving Nike behind, Tiger was excited about the latest chapter in his career.
He said in a statement, “I have learned so much over the years and have a lifetime of experience adjusting my apparel and footwear to help me play better based on the way it was constructed,” Woods said in the release.
“There are things that I could tell you that no one knew I was doing over the years. I’m ready to share those secrets with the world. Sun Day Red will embody a love of playing and competing, and we are for people that share those values, whether it’s on the course, or in life. We will be anchored to putting the athlete first in the product decisions we make.”
At the moment, Tiger is still sitting on a massive net worth of $1.1 billion.
