The upheaval surrounding Tiger Woods continues with the golfer's long-time agent Mark Steinberg confirming he is leaving IMG, the Cleveland-based agency that has guided the golfer since he turned professional in 1996. The former world No1 will now face the choice of signing with Steinberg, a mainstay of his entourage and the author of some of the biggest sponsorship deals in the history of sport, or remain with IMG.
"I am committed to both," Woods said hours before his agent's departure from IMG was made public. He no longer has that option.
Within the world of golf it is widely expected that Woods will opt to go with Steinberg should he form his own company. The agent has looked after the golfer's business affairs for the past 12 years during which time he negotiated multiple deals with corporate America, the most eye-popping of which has been a Nike deal said to be worth $20m a year.
He also negotiated a $55m fee in 2008 for Woods's first golf course design project, The Tiger Woods Dubai. The golfer was paid in full despite the course being subsequently abandoned because of the global economic downturn.
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