A Look at The Tiger Woods Scandal

Whether you are a golf or sports fan at all or not, you have likely heard the name Tiger Woods. Throughout the late 90’s and early to mid-2000’s, the guy was not only the absolute best and most famous golfer on the planet, he as among the richest athletes in the world. The guy made tens of millions of dollars a year from sponsorships, was happily married to a beautiful woman, and was winning tournaments left and right. Woods was single handily keeping golf in the mainstream and was living the life. But, in late 2009, one article in a magazine would change his life forever.

(source: jointventurespt.com)

(source: jointventurespt.com)

On November 25th 2009, The National Enquirer published a story that had claimed that Tiger Woods had an extramarital affair with a club manager from New York City. This news quickly spread and soon about every single news network and channel was talking about this. The story then took a violent turn a few days later when Woods was involved in a car crash. The crash occurred when he crashed into a fire hydrant and it was alleged that his wife used a golf club to break the window to save him. But that is likely not what happened as most people believe he was racing away froma spurned wife who took to his car with one of his golf clubs. His “injuries” sustained from the crash forced him out of golf for the rest of 2009. But this was only the beginning.

Over the next few days following the original story breaking, over a dozen different woman came out to various media outlets claiming that they all had affairs with Woods. On December 11th 2009, he released a statement admitting guilt and apologizing for cheating on his wife with over a dozen women. He eventually went into therapy for his sexual addiction and claimed that it helped him see the wrongfulness of all that he had done.

(source: nydailynews.com)

(source: nydailynews.com)

This scandal not only cost him his good reputation, it also cost him millions and millions of dollars as numerous sponsors cut ties or suspended the golfer. Not only did this hurt Woods, but also the companies themselves. In fact, it is said that the total shareholder loss as a result of this scandal was between 5 and 12 Billion dollars.

Now that you know all about the scandal that rocked the golf and sports world, let’s take a look at how Woods has recovered since the scandal. Before the scandal, Woods had 14 majors and 71 wins and in the six years since the scandal broke, he has amassed only 8 wins and 0 majors. While this could be attributed to getting older and other players becoming better, there is no doubting that the scandal had a huge toll on his personal life as well as his golf game.

While he is still the most famous figure in golf, his good standing reputation among casual fans took a major hit with this scandal and it surely cost him millions and millions of dollars.


comments