Tiger Woods Sponsors Finally Get Some Exposure

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Tiger Woods Sponsors Finally Get Some Exposure

© Wikimedia Commons

After the first round of play at the Farmer Insurance Open, Tiger Woods is even par, which puts him in the middle of the field based on score. However, the crowds that followed him around the Torrey Pines South Course are like they have been for years — unprecedented numbers. The crowds are even more impressive given that Woods has not been in an official event since 2015 when he played in the Wyndam Championship. The exposure is good for Woods, and even better for his major sponsors.

Woods sponsors have benefited some because of his fame both on and off the golf course. Despite his lack of official playing time, he is among the most famous athletes in the world. For sponsors, however, there is nothing like the TV exposure they get with their logos on his clothing and bag.

The sponsor that has stayed with Woods throughout his personal problems and his time off the course is Nike Inc. (NYSE: NKE). The week, its logo is planted prominently on his shirt.

Woods is using a new TaylorMade driver and fairway metals. Nearly identical clubs are available to amateurs. TaylorMade almost certainly will find that these clubs fly off the shelf.

[nativounit]

Woods uses a Bridgestone ball. The company has had almost no exposure in the United States, where Titleist dominates the category. TaylorMade and Top-Flight also do well in the category. Without Woods, Bridgestone would be invisible in the category.

Another major Woods sponsor is energy drink Monster Energy. Its other major source of exposure is its participation in NASCAR. The drink company has its logo on Woods’s bag, and its executives certainly hope he makes the cut at the Farmers Insurance Open. It should trigger a good deal more exposure on network TV.

Woods’s sponsors have waited a long time for him to return to competitive golf. Now they finally will get something substantial for their investments.

[wallst_email_signup]

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618