AT&T is latest to end Tiger Woods sponsorship

AT&T Inc. said Thursday it would no longer sponsor Tiger Woods, joining Accenture in dropping support for the world's top golfer, who's taking a break from the sport to focus on his marriage after his admitted infidelity.The phone company hasn't used Woods' image extensively in advertising, but its logo appeared on his golf bag. That deal had been billed as a "multiyear" agreement when it was signed early in 2009, after Buick ended its endorsement one year early because of its financial woes. Woods has also been the host of the AT&T National PGA Tour event since it started in 2007. Tour spokesman Ty Votaw said that since Woods is on indefinite leave from professional golf, he will not serve as host for the 2010 event. However, his Tiger Woods Foundation will continue to be the beneficiary of the AT&T National, under a contract that runs through 2014, Votaw said. AT&T said it would continue to sponsor the event. Woods won the 2009 AT&T National in July at the Congressional Country Club in Bethesda, Md. The AT&T National is moving to Aronimink Country Club outside Philadelphia the next two years as Congressional prepares to host the 2011 U.S. Open. AT&T has also been the presenting sponsor of the annual Tiger Jam concert event in Las Vegas, but that contract has expired, according to AT&T spokesman Michael Coe. AT&T, which is based in Dallas, did not comment on its reasons for dropping Woods, or how much the relationship was worth.Woods' agent, Mark Steinberg, had no comment on AT&T's decision. Woods' image has taken a beating since a Thanksgiving holiday car accident at the golfer's Florida home was followed by an admission of extramarital "transgressions." Most of Woods' $100 million in annual earnings has come not from tournament winnings but from companies that wanted to be associated with his persona.

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