SportBusiness.com

Woods rejects $75m Paddy Power deal

Tiger Woods has turned down a $75 million, five-year sponsorship deal with Ireland-based bookmaker Paddy Power.

The bookie said it would make an improved offer.

Drinks brand Gatorade last week became the latest sponsor to end its commercial ties with the golfer, who before his fall from grace earned around $100 million per year from endorsements.