No Doubt,Tiger Woods Endorsements Are Safe

The car accident happened on Tiger Woods onbut legally, Tiger is not required to speak to
Friday afternoon has coursed wild public concern,anyone.
all new reports about him followed fast, such asWith that in mind, why should companies like Nike,
Tiger's alleged mistress Rachel Uchitel(photoAccenture, AT&T, Tag Hauer, Gillette, and
enclosed) etc. Now, people are doubting whetherGatorade even consider changing, or ending, their
Tiger Woods endorsements are safe.relationship with the man who is one of the most
The 2009 Sports Illustrated Fortunate 50 Listiconic figures in sports?
reported that Tiger Woods' total earnings wereSure, if the circumstances surrounding Woods's
down about $28 million last year, but for thecar cash change in the coming days or weeks,
sixth-consecutive time he topped the list bycompanies might reconsider their association with
bringing home an estimated $99,737,626. To putTiger accordingly. But as Florida Highway Patrol
that number in perspective, Phil Mickelson came inSgt. Kim Montes said in a statement, "Contrary to
a distance second with and estimatedvarious media reports, the Florida Highway Patrol
$52,950,356, while LeBron James is is reported tohas not made any comments regarding the details
have made $42,410,581.of the ongoing crash investigation involving Tiger
As CNNMoney's David Goldman wrote in anWoods as it relates to medical information, or any
excellent article Monday afternoon, Tiger'sother aspect of this investigation."
sponsors are standing by him, and will likelySo don't look for Fortune 500 companies to start
continue to do so. Here's why: Tiger has not beenchanging their marketing plans simply because
formally charged with anything. Tabloids andTiger Woods is the target de jour of tabloids. And
pundits are writing that Woods needs to addressto Tiger's fans, stand by Tiger as usual.
the rumors that are swirling around the Internet,