Title:

Tiger Woods in Financial Straits

Description:

After a highly publicized Florida divorce, it seems that Tiger Woods might be headed for bankruptcy or at least the poor house since he recently took out a gigantic mortgage on his home worth around fifty million dollars. Woods has lost most of his endorsement deals and is no longer a spokesman for companies like Gillette, PepsiCo and Accenture. Woods' reputation has suffered greatly since his divorce and the details made public about his indiscretions. Lately the only endorsement spot Woods has been able to snag has been a deal to sell heat rub in Japan.