In a statement, Gatorade claims that the decision to drop the drink occurred long before the recent scandal ever took place. The decision to terminate the partnership was actually announced on November 25, shortly before the scandal broke. The drink represents only five-percent of Gatorade's total volume. In spite of the media hoopla over Gatorade's decision to drop Tiger Woods, there are real implications for the fact that this story just broke to mainstream media today. Let's get to the bottom line, shall we?
1) Gatorade's decision to drop Tiger Woods does not come as a surprise: This jaw-dropping scandal has simply gone over the top. Every executive with any relationship with Tiger is nervously watching media reports wondering if the drama is ever going to end, or if women are going to ever stop coming out of the wood work (or shall I say "Woods works"....sorry, bad joke). Even I am shocked at the new developments that keep coming on the scene every single day. The world is stunned to watch one of the most admired men on earth being reduced to a cheater and sexual deviant. I honestly feel bad for Tiger, because this is not what he deserves - many Americans do things behind closed doors that they would not want 300 million people to observe.
2) Companies lie all the time: I am not accusing Gatorade of lying about their reasoning in the decision to drop Tiger Woods, but the truth is that companies are notorious for stating that they are going to stand behind an athlete and then getting rid of him/her shortly thereafter. Right after Magic Johnson announced that he was HIV positive, a long list of companies stated that they would stand by him, and most of them ran the other way shortly thereafter. Many companies (including Nike) are likely taking a wait-and-see attitude with Tiger, and the truth is that other companies may follow Gatorade's lead. To be on the safe side, most of them are standing firmly behind Tiger until they decide to move on.
3) Companies don't like risk: Corporations do not like controversy, even if it is relatively good. The corporate model is built on conservatism and minimal risk, which is what made Tiger Woods such a great investment. He wasn't the athlete to be found carrying a gun into a club or beating his wife. He was arguably the most consistent brand in America, right next to Beyonce or Oprah Winfrey. On the golf course, Tiger is still that brand. But given the spilled over mismanagement of his sex life, he creates a tremendous amount of uncertainty. Companies can't put shareholder money at risk in such a significant way.
4) Gatorade could be the first of many companies to get rid of Tiger Woods: When I worked with Rev. Al Sharpton and Rev. Jesse Jackson to challenge Don Imus for his "nappy headed hoe" remarks three years ago, I told them to go after his corporate sponsors. When the first sponsor left, I knew that there would be an avalanche of companies following suit. Companies tend to think like sheep: jumping on bandwagons and jumping off of them just as fast. If Gatorade runs away from Tiger, many others may do the same.
5) Tiger is still going to make gobs of money: There is no replacement for the fact that Tiger Woods is the greatest golfer in the history of the world. We must also remember that when Tiger is on the golf course, the PGA tour makes millions from television ratings. The recent controversy is simply a matter of Woods reconfiguring his public image, allowing room for him to be a little bit of a bad boy. Tiger will rise again, and he will be as great as ever. At that point, the companies will continue to call for his services, but in a different way.
I encourage Tiger to channel the energy of his deceased father and regain his focus. He is still a strong human being, he still needs to break the Jack Nicklaus record of 18 majors, and he is still a great athlete. I expect 2010 to be Tiger's most outstanding season ever, and I believe that the winner inside him will emerge like never before.
Dr. Boyce Watkins is a Finance Professor at Syracuse University and founder of the Your Black World Coalition. To have Dr. Boyce commentary delivered to your email, please click here.




Comments: (47)
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By: kev308 on 12/08/2009 6:47PM
Nice article. I would have thought they would have been one of the last to leave...I mean c'mon, up to eight different women? Talk about your poster boy for stamina. Maybe Red Bull will pick him up on the dark side.
My grandmother used to tell me you must always maintain an "A" to equal other's "C's". I guess she was a prophet. Seems they will quickly remind you who you are. No matter who you are.
Abhorrent behavior is it's own reward.
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By: debra on 12/09/2009 9:21PM
tiger is getting just what he deserves. dumb black men - take heed. he should not have married that trash no way.
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By: adorablegs on 12/08/2009 6:54PM
I don't feel sorry for Tiger at all. You're implying he doesn't deserve to be exposed to millions of people of his trysts, as if he was without the benefit of prior awareness of this possiblity? Wake up folks! Do not engage in behavior you would be embarrassed for the world to know. Especially celebrities with a great responsibility to be a good role model to our younger generation.
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By: kc on 12/10/2009 3:33PM
I would like to look in your closet or your family members. I don't like tiger woods,but the media has gone to far. Nobody droped david letterman. you don't take his lively hood because he cheated. She might have cheated herself. She married him for his money.
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By: Cookie on 12/08/2009 7:06PM
I for one am happy to see him on the loosing end. He tried to portray himself as a model. Money makes you do some strange things; one at home; many on the road. Hooray for Gatorade.
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By: Daniel Alexander on 12/08/2009 7:15PM
Nike dumped Vick after his legal troubles. I think Nike has a very difficult decision ahead of them.
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By: Cassandra on 12/08/2009 7:16PM
I HAVE ABSOLUTELY NO REMORSE, NO SYMPATHY, NO NOTHING FOR TIGER WOODS!
TO TIGER "I AM NOT AN AFRICAN AMERICAN" WOODS..
WHAT IS DONE IN THE DARK WILL COME INTO THE WHITE..OOPS..I MEAN LIGHT! YANNO?
HEY "CREEPING TIGER"...
"BE WHAT YOU ARE (BLACK)
AND NOT WHAT YOU'RE NOT(COLORED)
FOR THOSE WHO ARE
ARE THE HAPPIEST LOT"!
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By: D on 12/08/2009 7:30PM
It's plain and simple, this is a Modern Day Media Lynching. I Trully believe that some of these women are Lying. Especially the most current one, i would think Tiger would have better taste than that, she looks very much AGED. These women are coming out of no where, i would think if all the rumors were true, then one of these desperate women would have come out a long time ago. The first story will generally make the most Money. Tiger needs to be more careful, because the media has no limits, and they will not stop until his family is Destroyed.
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By: D on 12/09/2009 1:01PM
I think Tiger is gonna be ready to come home, just like OJ. And us Black Folk is gonna embrace him, and when the smoke clears, he's gonna forget. I only feel for the kids, If all or even some of the rumors are true, then he should be ashamed. Now that Gatorade has dropped him, maybe he can be the next pitch man for Viagra.
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By: Carlos Wiley on 12/08/2009 8:13PM
I agree 100% if Tiger was sleeping with all these women one of them would have came out before now. Also how did the media not know before now. I believe that it is wrong for us to hold a human being to a higher standard because they are good at a sport. Tiger, Kobe and many others have given in to the hype around them of being the best and feel untouchable.
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