BizJournals Portfolio
Sep 07 2007 12:00am EDT

Tiger Woods Adds More Multimillions, Signs Deal With Gatorade

Tiger Woods really does have a license to print money.

The top-notch golfer and pitchman has reached a five-year endorsement deal with Gatorade that could be worth "as much as $100 million," according to Golfweek.

Woods' compensation will be "based on his endorsement fee and royalties from sales of at least three Gatorade products, including a new proposed drink that will be named after the player," Golfweek said.

woods-large.jpg Photo of Tiger Woods by Getty Images for Nike

Woods recently ended a 10-year relationship with American Express. But the 31-year-old megastar does have continuing agreements with Nike, Tag Heuer, Accenture, Electronic Arts and Gillette.

And who can resist a drink with one's name on it?

TigerAde perhaps?


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