Company ends endorsement deal with Tiger Woods

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Company ends endorsement deal with Tiger Woods

From Comcast SportsNet Wednesday, August 10, 2011

GENEVA (AP) -- Swiss watchmaker Tag Heuer has ended its 10-year commercial relationship with Tiger Woods, and expressed hopes the former top-ranked golfer can "overcome his difficulties."

Tag Heuer had stopped promoting Woods's image in the United States in December 2009, weeks after revelations about his marital problems began to emerge. "We are confident that Tiger will eventually regain full trust with the public, and that his huge talent and mental strength will help him overcome his difficulties," Tag Heuer chief executive Jean-Christophe Babin said in a statement. "We wish Tiger all the best for the future endeavors in golf, with new business partners, and in his private life." Tag Heuer said it had enjoyed an "exemplary" partnership with Woods which had been "very beneficial to both parties." However, the watch brand joined other companies in backing away from Woods after his personal life began to unravel following a 2009 Thanksgiving holiday car accident at his Florida home. Babin said then that Tag Heuer had to "take account of the sensitivity of some consumers." Woods, a 14-time major winner, has not won a tournament since his personal problems were publicly aired. Tag Heuer said it will continue to support Woods's charitable foundation through sales of a watch he designed.

Report: Aroldis Chapman, Yankees reach deal for $86M, 5 years

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Report: Aroldis Chapman, Yankees reach deal for $86M, 5 years

OXON HILL, Md. - Aroldis Chapman found a spot in a most familiar bullpen - a very rich spot, too.

The hard-throwing closer reached agreement to return to the New York Yankees on Wednesday night with the highest-priced contract ever for a relief pitcher, an $86 million deal for five years.

A person familiar with the negotiations told The Associated Press that the contract was pending a physical. The person spoke on condition of anonymity because the deal was not yet complete.

Once it's done, the 28-year-old lefty whose fastballs routinely top 100 mph would shatter the previous richest contract for a reliever - that was the $62 million, four-year deal Mark Melancon signed with San Francisco just a couple days ago during the winter meetings.

Chapman was acquired by New York from the Cincinnati Reds last offseason, then missed the first 29 games of the season due to a domestic violence suspension from Major League Baseball. The Cuban was traded to the Chicago Cubs in late July and helped them win the World Series, becoming a free agent when it was over.

Chapman went 4-1 with 36 saves and a 1.55 ERA in a combined 59 games for the Yankees and Cubs. He struggled some in the postseason as the Cubs beat Cleveland for their first championship since 1908.

With the Yankees this season, Chapman teamed with Andrew Miller and Dellin Betances in one of the most dominant bullpens in baseball history. Miller was later traded to Cleveland, but Betances is still with New York.

Earlier this week, Yankees general manager Brian Cashman said the team was interested in both Chapman and fellow free agent closer Kenley Jansen. The Yankees had already made one deal at these meetings, signing slugger Matt Holliday, before paying a lot more to bring Chapman back to the Bronx.

Fox Sports first reported the agreement.