Tiger Woods Mistress Mess Costs Shareholders Of His Sponsors Like Gatorade & Nike $12 Billion Dollars!


Tiger Woods is not the only one who blew big bucks with his image-busting cheating spree.

His losses are chump change compared with the up to $12 billion that the scandal has cost shareholders of his big-money sponsors like Nike, AT&T and Gatorade, a study revealed Monday.

"Total shareholder losses may exceed several decades' worth of Tiger Woods' personal endorsement income," said study author Victor Stango, a professor at the University of California Davis.

The study compared the stock prices of nine Woods sponsors with competitors and the overall market after the scandal erupted last month.

Investors in the three sports-related companies - video gamemaker Electronic Arts, Gatorade and Nike - fared the worst, experiencing a 4.3% drop in stock value.

On the other hand, Accenture, a global management consulting firm, experienced no measurable ill effects from Woods' fall from grace.

Source: NY Daily News

Follow Me @Twitter.com/ChasinMoPaper

Views: 7

Tags: $12, &, Billion, Costs, Dollars!, Gatorade, His, Like, Mess, Mistress, More…Nike, Of, Shareholders, Sponsers, Tiger, Woods

Comment

You need to be a member of ThisIs50.com to add comments!

Join ThisIs50.com

Comment by theblackwoman on December 30, 2009 at 7:42pm
rich man cost rich companies money. they have plenty. oh well.
Comment by theblackwoman on December 30, 2009 at 7:41pm
oh well.
Comment by 10AKEY G on December 30, 2009 at 7:38pm
DAMN,WHEN IS EVERYBODY GONNA GET OFF DISS MAN'S D***...HE CHEATED ON HIS WIFE,SO HOW IS DAT F***** HIS SPONSERS UP LIKE DAT???IT AINT LIKE CUZ NIKE SPONSERS TIGER,EVERYBODY GONNA QUIT F***** WITH NIKE...JUST LIKE MUTHAFUCKAZ AINT GONNA QUIT DRINKIN GATORADE CUZ DIS DUMB S***
Comment by Joe Smith on December 30, 2009 at 6:19pm
haha n****, you done f***** UP
Comment by BOOMSHA the Highschool Dropout on December 30, 2009 at 12:42pm
Damn I mean Tiger could of at least got Super Head on the list of hoes thats all I'm mad at.No project hoes at all WOW...f***** up!
Comment by NUGE on December 30, 2009 at 10:59am
p**** is gona end the world
Comment by gs-arcade on December 30, 2009 at 9:31am
any artist that needs production check me out www.sounclick.com/gsarcade or myspace.com/gsarcade…holla
Comment by Roamn Profit on December 30, 2009 at 5:47am
$20,000,000 and I'll clean up this mess.
Holla at me blue chips!
Comment by Mae$tro on December 30, 2009 at 5:07am
12 Billion OMFG :O Tiger what have You done ?
Comment by HarryO on December 30, 2009 at 4:53am
I'm surprised that video gamemaker Electronic Arts, Gatorade and Nike didn't pay to shut them b****** up. They costing them m************ lots of money or give me a cool 5 million and I'll shut them b****** up.

Members

 


Example Searches:
music, girls, Bentley

Latest Activity

MiC replied to MiC's discussion True or false: The defining moment in the decline of 50 cent's musical career was the sales loss to kanye? This article explains it well
"Curtis did not sell 5 mill ww check the ten year grodt anniversary graph, the ifpi, and musicharts.net. Curtis sold less than graduation worldwide"
5 minutes ago
Robert posted a status
""
6 minutes ago
MiC replied to Flash <-Thisis50's Most Hated->'s discussion THROWBACK Jay-Z - Early This Morning
"flash dont feed the troll"
7 minutes ago
Robert posted a status
9 minutes ago
AFGun KinG commented on ChasinDatPaper's blog post London Terrorist Tries To Justify Killing Soldier To Cameraman "You Will Never Be Safe" *UPDATE* Suspects Charging Police & Getting Shot Footage Added. Victim ID'd [Video]
"this has nothing to do with islam u dumb muthafukaz lol.. stop believing everything ur being told u brain bead retards. all this type of sh.it does is cause more anger and hate amongst people. y'all too easy to manipulate"
11 minutes ago
Robert posted a status
""
13 minutes ago
Robert posted a status
""
13 minutes ago
Robert posted a status
14 minutes ago

© 2013   Created by 50 Cent.

Badges  |  Report an Issue  |  Terms of Service

© 2012   Created by 50 Cent.   Powered by .

Badges  |  Help  |  Terms of Service