Tiger Woods sees ‘no change’ in £15.5million-a-year Nike contract after DUI arrest
The 14-time Major champion has been with sports giant since 1996 and deal helped make him sport's first billionaire
NIKE have confirmed there will be "no change" in their £15.5million-a-year deal with Tiger Woods despite his driving under influence arrest.
The 14-time Major champion has been sponsored by the sportswear giant since he turned professional in 1996.
It remains one of all of sport's most lucrative contracts and helped make the American golfer the first billionaire in sport, according to Forbes.
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But in the wake of his second humiliation after 2009's sex scandal, it was feared Nike bosses could finally pull the plug.
Yet a statement from the company said today: "There is no change in our relationship with Tiger."
Nike were criticised in 2010 for airing a television advert ahead of Woods' return to golf after his sex scandal which featured the voice of his late father Earl.
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A police report confirmed there was no alcohol in Woods' blood.
But recently released reports from cops state "both driver's side tyres were flat" on Woods 2015 Mercedes, which he was driving alone.
The report added "There was also minor damage to both respective rims. There was also minor damage to the front driver's side bumper and rear bumper, and the passenger rear tail light appeared to be out."
Woods released a statement saying alcohol was not to blame for him being found asleep at the wheel and that he had had an "unexpected reaction" to prescription drugs.
The man with more than 100 professional wins added: "I understand the severity of what I did and I take full responsibility for my actions."
Woods also announced a new deal with golf club manufacturer TaylorMade in January.
He played the brand's woods, irons and wedges but no figure on the contract was made public.
Woods lost two huge deals with drinks company Gatorade and network service AT&T in the wake of his 2009 scandal.
And there could be similar fallout with the companies who sponsor him now.
Bridgestone, who make golf balls, pay Woods almost £1.5m a year - the same as drinks giant Monster.
Rolex also pay Woods a hefty sponsorship fee, along with golf simulator Full Swing Golf, sports memorabilia maker Upper Deck, motorbike maker Hero Motor Group and Japanese pharmaceutical company Kowa.