Tiger Woods and Nike are nearing the completion of a new endorsement agreement that will "emphatically" keep Woods as the highest-paid endorser in golf, according to a report on ESPN.com.
"We're down to the very, very short strokes right now,'' Woods' agent Mark Steinberg told ESPN golf writer Bob Harig. ''I would expect we would come out with some sort of joint announcement when we get the paperwork signed. I hope this is viewed as a pretty bold statement."
Woods could sign the new deal as soon as the next couple of weeks, Harig wrote.
Woods signed with Nike for a reported five years and $40 million when he turned pro back in 1996, and Nike stuck with Woods during his personal troubles. His current equipment and apparel contract is said to be roughly $20 million per year.
Earlier this year, of course, Nike signed Rory McIlroy to a major deal worth a reported to be anywhere from $10 million to $20 million per year. Steinberg didn't give any indication of the figures involved in Woods' new agreement, except to say that it would ''emphatically'' keep Woods as the king of the golf endorsement mountain.
Steinbeg did indicate to Harig that the new deal would be for multiple years.
"Tiger started his professional career with Nike in 1996,'' Steinberg said. ''He has a long way to go in his career, but I feel with the type of deal we've constructed … I feel confident that he will be with Nike for his entire career."
The Quad Push Cart from Bag Boy is one of the most popular push carts in golf. So what could Bag Boy do to trick it out any more?
The answer is: offer it in three cool new summer colors – pink, orange, and lime green.
"The Quad is doing very well at retail," said Dynamic Brands President Craig Ramsbottom. "Golfers like the overall performance of the cart and the easy two-step folding process. By adding a few of this year's trendy colors to the line, we feel it gives our customer a broader selection."
The Quad is made with a lightweight frame on a reinforced four-wheel platform that provides more stability than three-wheel carts, especially on hilly terrain and in wet conditions. It sets up via a simple two-step process, folds down to 24 x 17 x 16 inches, and rolls on lightweight, solid foam tires.
The push cart comes fully loaded with an array of golfer-friendly features such as a stand and cart-compatible upper bag bracket, a parking brake mounted on the handle – and the handle can be adjusted to accommodate golfers of all heights. It also features an oversized zippered storage bag, quick-grab beverage holder, deluxe scorecard holder with pencil holder, integrated tee and ball holder, a secure umbrella holder and a padded compartment.
It carries a suggested retail price of $219.95, and is still available in its regulation colors of white, black, silver, red, blue or yellow.
For more information, visit www.bagboy.com.
KZG is marking its turf in the adjustable driver marketplace in a big way with its new GF X driver, which features two strategically positioned weight portals and a selection of screws in seven different weights. The ''GF'' stands for Gravitational Force technology, through which golfers can select specific screws to adjust the club's swingweight, launch angle and draw/fade bias a whopping 128 different ways.
''The GF X is an ideal model for those players who require unique adjustments with maximum forgiveness,'' said KZG President Jennifer King.
The weighted screws are available in 1.5-, 4-, 5-, 6-, 8-, 10- and 12-gram options, and the weight portals are placed where changes in weight and center of gravity can most effectively affect a fade or draw bias, and even trajectory and spin rates.
The adjustments for all KZG clubs are done solely through KZG's network of professional fitters because, KZG believes, leaving the adjustments up to amateur golfers often ends in disappointment because golfers tend to change their settings too frequently. That, the company says, makes it impossible determine optimal positioning and keeps the golfers from grooving their swings. Using professional fitters, they say, removes the guesswork and provides confidence and consistency.
The GF X features a traditional profile with a glossy all-black head accented by the matte black screw portals. The 460cc head is made of titanium.
All KZG drivers are custom fit and available with numerous shaft options. Retail pricing varies depending on the options selected, with suggested retail prices starting at $399.
For more information, visit www.kzg.com.
PGA of America Championships
Baltusrol Golf Club
Hazeltine National Golf Club
Trump National Golf Club
Olympia Fields Country Club
Olympia Fields, Illinois
Quail Hollow Club
Charlotte, North Carolina