It is the top of an period for Tiger Woods, because the skilled golfer introduced that he could be ending his partnership with Nike after 27 years.

Woods took to Instagram to share the information, calling Nike considered one of “essentially the most iconic manufacturers on this planet” whereas trying in the direction of the way forward for his profession.

“Folks will ask if there may be one other chapter,” he wrote, alluding to the potential for a brand new sponsorship. “Sure, there will definitely be one other chapter.”

Nike additionally posted a photograph of Woods in a pink Nike golf polo on its official Instagram account to substantiate the information.

“It was a hell of a spherical, Tiger,” the photograph reads. “You challenged all the establishment of golf. You challenged us. And most of all, your self. And for that problem we’re grateful.”

Woods, who grew to become knowledgeable golfer in 1996, made a much-anticipated return to the Masters Event in April 2022 after sitting out years prior because of a slew of back-related accidents.

Nike’s endorsement of the athlete over the previous almost three many years has helped his internet value soar.

Per Forbes, Woods was the highest-paid athlete on this planet for 10 years straight from 2002 via 2012.

Although unconfirmed, Woods’ authentic multi-year take care of Nike was reportedly value $40 million, which was essentially the most profitable endorsement deal signed by any skilled athlete at the moment.

It is estimated that over 90% of Woods’ earnings come from endorsement and sponsorship manufacturers with a slew of firms, however his most worthwhile offers have been with Nike, Gatorade, and Gillette.

In June 2022, Woods formally reached billionaire standing as his internet value shot as much as an estimated $1.7 billion.