Procter & Gamble Co. will not renew its endorsement deal with
at the end of the year, adding another name to the list of companies that cut ties with the golfer after last year's revelations of marital infidelities.
The company used Woods, Roger Federer, Lionel Messi and dozens of other athletes as part of its 3-year "Gillette Champions" marketing campaign. Gillette said yesterday it was phasing out that program and not renewing the contract with Woods and several other athletes. It stopped using Woods himself in the campaign months ago.
The golfer was once the most sought-after pitchman in sports and was the first athlete to earn $1 billion from endorsement agreements. However, many corporations cut ties or distanced themselves from Woods after the scandal that broke just over a year ago and dominated headlines for months.
Accenture LLP, AT&T Inc. and Gatorade all dropped Woods as an endorser. Companies such as Gillette and Tag Heuer didn't end their relationships outright but stopped featuring him in advertisements. Nike Inc. and Electronic Arts stuck with him.
* Watergate Special Prosecutor Archibald Cox expressed "extreme interest" in a 1970s criminal investigation of New York Yankees owner George Steinbrenner for illegal campaign contributions, according to documents. The memos were included in a 400-page release of Steinbrenner's FBI file. Most of the material focused on the Watergate-era federal probe that led to the shipbuilding magnate's 1974 conviction for illegal contributions to disgraced President Richard M. Nixon.
* Lefthanded reliever Sean Burnett and the Washington Nationals agreed on a $3.95 million, 2-year contract.