Tiger Woods Losses Another Sponsor - GM

January 13, 2010 3:29 PM EST
General Motors Co. is the latest sponsor to drop Tiger Woods from an endorsement deal in the aftermath of his Thanksgiving weekend crash outside of the golfer's Orlando home and the admission of marital infidelities.

Buick spokeswoman Dayna Hart said that Woods endorsement agreement ended on December 31 and after review, the deal will not be renewed.

There is now a dearth of companies that have cut ties with Woods, who announced last month that he is taking an extended leave of absence from golf. Companies that have left Woods behind include AT&T Inc. (NYSE: T), Accenture PLC (NYSE: ACN), Proctor & Gamble Co. (NYSE: PG), Tag Heuer and PepsiCo Inc. (NYSE: PEP).

Sports apparel company Nike Inc. (NYSE: NKE) has stood by the embattled athlete as he is the namesake of the company's golfing brand.

You can hear the jokes now about how Tiger crashed a GM car (Cadillac Escalade) and now they dropped him.

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