• Loading stock data...
Saturday, May 4, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Tiger’s Post-Nike Future Comes With a New Business Plan

  • Tiger Woods and TaylorMade unveiled the new apparel brand Sun Day Red.
  • Woods is believed to have equity in the new company.
Credit: Sun Day Red

Tiger Woods is returning to competition on the PGA Tour at this week’s Genesis Invitational not only with a new look, but also the next evolution of his business career.

The 15-time major champion is believed to have made at least $500 million from multiple contracts with Nike throughout his 27-year tenure with the company that officially ended last month. Now, after much speculation and anticipation, Woods has unveiled his new apparel brand, Sun Day Red, which is actually its own company, under the TaylorMade umbrella. (Woods has used TaylorMade clubs since 2017.)

Notably, Sun Day Red will be based in San Clemente, Calif., giving it a separate headquarters from TaylorMade’s about 25 miles south in Carlsbad. Financial details are not available, but trademark attorney Josh Gerben speculated on X that the deal structure suggests Woods and TaylorMade “are sharing ownership (and profits) of the new company.” Woods did not have equity with Nike.

Focusing on performance wear and luxury lifestyle fashion, Sun Day Red will make golf staples like hats, polos, gloves, shorts, and pants, as well as hoodies, T-shirts, and fleeces. The main logo is a drawing of a Tiger, and for now, the iconic “TW” logo made famous by Nike is gone.

Woods will begin wearing Sun Day Red during this week’s tournament, but the brand won’t be available to the public until May 1. Right now, Woods, who nearly had his right leg amputated after a car crash in 2021, will continue to wear FootJoy shoes, but footwear is part of Sun Day Red’s long-term plans. 

Previously, Nike endorsers included Woods-branded sports gear as part of their deals (although 2022 Masters champion Scottie Scheffler prefers Woods-branded shoes). It remains to be seen whether Sun Day Red will look to sign any professional golfers as clients moving forward.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.

MLB, Nike to Revamp Uniforms After Backlash: Here’s What We Know

MLB details a series of planned changes to uniforms after months of criticism.
exclusive

Patrick Beverley Banned From Future ESPN Appearances

Beverley may have caused some trouble for his budding media career.

At the Mighty NFL, Job Cuts and Lineup Changes, Including the End of ‘NFL Total Access’

Half a dozen employees were laid off while the league clears $20B in annual revenues.
podcast thumbnail mobile
Front Office Sports Today

How Red Bull Laps the F1 Competition and Builds the Brand

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Want to Interview Patrick Beverley? Subscribe to His Podcast First

The Bucks’ guard bounced a producer from his postgame scrum after she said she didn’t subscribe to his podcast.
May 3, 2024

‘A Swoosh Affair’: Nike Accused of Undue Influence On Picking Olympics’ Toughest Marathon Team

The last spot on the Nike-sponsored team controversially went to a Nike athlete.
May 3, 2024

Why Hasn’t Marvin Harrison Jr. Signed an NFLPA Licensing Deal?

Harrison can’t appear in video games and on trading cards without a deal.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
May 2, 2024

Ryan Garcia’s PED Positive Latest in Long Line of Erratic Behavior

Garcia stunned Devin Haney last month, but it has come out that he tested positive twice before the fight.
May 1, 2024

New Report Shows How Bookie Laundered Ohtani’s Stolen Cash

Ohtani’s stolen money wound up in a Las Vegas casino.
April 29, 2024

Bigger Gloves, Shorter Rounds: Texas Board to Sanction Paul-Tyson Fight

Rounds will be two minutes instead of three, and gloves will be heavier than usual.
April 29, 2024

Candace Parker Leaves Basketball to Go All In on Business

She announced intentions of owning both an NBA and WNBA team.