After so many alleged extramarital-affairs, TIGER WOODS lost his first sponsor Gatorade (drink). Gatorade is a division of PepsiCo Inc.
The Gatorade drink was “formulated to contain more electrolytes based on factors that affect Woods’ training and competition."
On Tuesday, PepsiCo (PEP Quote) company told CNBC that the “Gatorade Tiger Focus” will be out.
The contract between Gatorade and Tiger Woods was signed in March 2008. Tiger Woods became the first athlete whose name was attached to the sub line of a PepsiCo drink.
According to Nielsen reports, marketers have removed all Tiger Woods ads from prime-time TV broadcast networks and 19 cable channels. But Gatorade spokesperson says the decision of terminating Tiger Woods branded drinks was made before alleged extramarital affairs and minor car accident.
Gatorade spokesman also added that, “We wish Tiger well as he recovers and look forward to seeing him on the course soon…Our partnership with Tiger continues.”
Though all other sponsors of Tiger Woods are still with him but speculation are still going against Tiger Woods.
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