Monday, March 19, 2012

"Hints of a Comeback as Woods Secures Deals"


From the New York Times


Review by Chad Mozingo in KIN 435 (section 2)

The article that I have chosen to do a presentation on is “Hints of a Comeback as Woods Secures Deals.” This article was found the in the New York Times on November 24, 2011. The basic over view of the article is about Tiger Woods’s sponsorship’s and how they have changed. It describes the collapse of Tiger Woods image and what impact that had on his endorsement deals. Also, the article described the magnitude of collateral damage that the infidelities had on his annual income through sponsorships. Also since the media exposure of his infidelities and its negative impact on the images of Tiger on people the article also described decline of his quality of play. The two combined has made it tough for him to pick up new sponsors and regain his excessive monetary situation that he once had.

Throughout the article it constantly explains marketing concepts such as the marketability of Tiger before and has the infidelities. It shows the ways in which athletes can be paid such as stock grants into companies and the large amounts of money that they can be worth. It also hints at the athlete side of the situation such as how Tiger will not just side with anyone as a partner because if he partners with a poor company it may bring down his image which is ultimately worth the majority of the money.

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