Is Tiger Woods Having Money Problems?

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Is Tiger Woods, unthinkably, in financial trouble these days?

That may be both exaggerating and oversimplifying it, but given a loss of endorsement deals, his recent divorce settlement, a hefty mortgage, and even a pay cut from Nike, life on Planet Tiger isn't what it used to be.

Adrian Peterson Twitpic

Forbes reports that Tiger recently signed a deal to hawk a heat rub in Japan. Although Woods was likely paid in the single-digit millions for the spot, it's a far cry from his former campaigns for Pepsi, Gillette, and Accenture.

Once king of the sports world, Tiger has suffered financially since late 2009.

After his personal life imploded, his endorsement list shrank and his marriage ended in a divorce settlement with Elin Nordegren worth $100 million-plus.

But now he may actually be hurting for funds. At the very least, there are signs that the legend isn't generating enough to comfortably cover his costs.

Woods took out a $54.5 million mortgage on his home in Jupiter Island, Fla, last year. He is required to pay off the mortgage in full by January of 2016.

That gives him a mere five and a half years to shed the debt at more than $10 million each year, which includes his $431,042 in annual property taxes.

He's left his old agency and even fired his caddy. He's injured and unable to compete for prize money, with no victories since 2009. Things are not good.

Silver lining: The Bank of Rachel Uchitel apparently returned a bunch of cash.

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HAHAHA Tiger Woods hurting for money...he is the first athelete ever to make over a billion dollars and he is hurting for money...yea right.

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He may have to sell his home and any other homes he owns and like many others, he will have to downsize and learn to live within his means. It is nothing to be ashamed of as many rich people have suffered losses also. When you play with fire, you will get burned but Tiger has had injuries to his leg and that itself can stop one from playing golf.

Mom2be2011

@TMact : Damn I wish everyone thought like u...girls arent innocent either when it comes to that theory they need to learn to do the same with theirs....

Mom2be2011

That's what he gets for doing all that shit...God doesent like ugley and what tyger did was SUPER ugley...now that karma is coming back to hit him in his ass ... hope u enjoy it asshole...

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Economy 101. When you make less money you have to cut your spending and tighten your belt!!! KARMA!!!

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That was on expensive haram dude.. Get ajob and keep it in ur pants...like the rest of us.

Tiger Woods Biography

Tiger and Charlie Woods Tiger Woods is the best golfer in the history of the world. The talented athlete has also married a blonde bombshell and inspired... More »
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Tiger Woods
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