Tiger Woods Loses Magazine Deal

Jan. 6 2011, Published 11:31 a.m. ET
More than a year after the Tiger Woods cheating scandal broke, Breaking Celebrity News has learned the shamed golf star has lost his 13-year endorsement deal with Golf Digest.
FIRST PHOTOS: Tiger Out Of Rehab
“We appreciate the insights Tiger has provided to our readers,” Chairman and Editor-In-Chief of the magazine, Jerry Tarde, said in a statement.
According to reports, there was a disagreement on how many hours Woods could devote to his involvement with the publication, which he was paid an estimated $2 million a year for.
“The reality is his deal was up at the end of the year,” his agent Mark Steinberg said.
“Because we’re living in this digital world, they needed more time from him. He wasn’t ready to commit to any additional time at this point with everything going on – trying to work on his swing and other things.”
As Breaking Celebrity News previously reported, the golfer was dropped by Proctor & Gamble just two weeks ago; a company for which he promoted their Gillette razors and shaving products.