Tiger Woods Loses Another Sponsor

December 14, 2009 By:
Tiger Woods Loses Another Sponsor

Tiger Woods is watching his personal and professional life slowly crumble--and all because he couldn't keep it in his pants.

Now only has he found himself trying to convince his wife not to leave him, his people are trying to convince sponsors not to drop him as well. But it's too late for Accenture, an international consulting company.

In the wake of his cheating scandal, Accenture has decided to part ways with Tiger. "After careful consideration and analysis, the company has determined that he is no longer the right representative for its advertising," said a company rep.

So what does Tiger think about all this? "We are disappointed but respect their decision. That is all I have to say to you," Mark Steinberg, an agent for Woods, wrote in an e-mail to the Wall Street Journal.

According to People magazine, Tiger made an estimated $110 million a year in endorsements, and "Accenture, which provides consulting, technology and outsourcing services, was among the most closely associated with him."

And Accenture isn't the only having doubts about being associated with Tiger. Gillette has already suspended him and pulled him from future ads and Nike is on the fence.

AT&T and the Tag Heuer watch manufacturer have also both said they are reconsidering their relationship with Tiger.

Yikes, things aren't looking too good for Tiger. And we have a feeling things are about to get a lot worse. As a consumer would you stop buying products that Tiger endorses?