Woods up for big deal
03/04/2010 07:30:34 PM
Bookmaker PaddyPower.com has entered discussions concerning a five-year sponsorship deal with Tiger Woods.
Woods is four titles short of matching Nicklaus' record of 18 majors, but has not played this year and recently apologised for the sex scandal which has turned his life upside down.
The company's proposal would see an initial $US5 million paid for the use of Woods' likeness annually while incentives of $US1million for winning a US major and $US2 million for winning The Open would be offered.
Power himself admitted: "We're in negotiations with IMG to sponsor Tiger. It's still in the early stage of the negotiations, really.
"It's going to be, if it all comes off, the biggest kind of sponsorship deal we have ever done by quite a way."