Tiger Woods, the #1 commercial spokesman on the planet, has fallen prey to the corporate cost-cutting in the Detroit’s automotive industry.  General Motors announced that it was ending Woods’s approximately $7M per year endorsement contract a year early, but his agent insists that it was “like, totally mutual, man.”

“It was a combination of things,” [Mark Steinberg at IMG] said. “Tiger was looking to gain some more time, and certainly it was an opportunity for GM to reduce its spending with everything going on.” [...]

Mark LaNeve, GM’s vice president for North American marketing, said GM and Woods started discussing an end to the deal earlier this year, and it had nothing to do with the Detroit Three automakers’ quest for $25 billion in federal loans.

Oh yeah.  Totally unrelated.  Just this mutual thing because Tiger wanted more personal time.

Man, poor Tiger Woods.  It’s terrible to see a family man lose a source of income in this troubled economy.  That guy’s life must really suck.

[Devil Ball Golf]