Tiger Woods, Nike part ways after 27 years

Woods would help lift Nike Golf into an major brand

Tiger Woods and Nike officially parted ways after 27 years of doing business together.

The legendary golfer made the announcement in a statement on X.

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM

Tiger Woods in Florida

Tiger Woods during the final round of the PNC Championship at The Ritz-Carlton Golf Club on Dec. 17, 2023 in Orlando, Florida. (Mike Ehrmann/Getty Images / Getty Images)

"Over 27 years ago, I was fortunate to start a partnership with one of the most iconic brands in the world," he said. "The days since have been filled with so many amazing moments and memories, if I started naming them, I could go on forever.

"Phil Knight’s passion and vision brought this Nike and Nike Golf partnership together and I want to personally thank him, along with the Nike employees and incredible athletes I have had the pleasure of working with along the way."

Tiger Woods at the Hero World Challenge

Tiger Woods hits the first tee shot of the day during Wednesday's pro-am, prior to Hero World Challenge at Albany Golf Course on Nov. 29, 2023 in Nassau, New Providence, Bahamas. (Tracy Wilcox/PGA TOUR via Getty Images / Getty Images)

Woods said there will be more news in the coming days.

NIKE FORECAST CUT RATTLES SPORTSWEAR STOCKS AS SPENDING STUMBLES

"People will ask if there is another chapter. Yes, there will certainly be another chapter you in LA!"

Ticker Security Last Change Change %
NKE NIKE INC. 94.53 -1.21 -1.26%

Woods became the most iconic name in the sport’s history as he started to win major tournaments in the late 1990s. By the 2000s, Woods had the golf world at his fingertips. He would sport the red Nike polo each Sunday and win in some of the wildest fashions.

Woods has 15 major championships – just three off of Jack Nicklaus’ record. He is also tied for the most wins in PGA Tour events with 82. 

Tiger Woods in the Bahamas

Tiger Woods plays his shot from the fourth tee during the first round of the Hero World Challenge at Albany Golf Course on Nov. 30, 2023 in Nassau, New Providence, Bahamas. (Tracy Wilcox/PGA TOUR via Getty Images / Getty Images)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Since his devastating car crash in Los Angeles, his tournament appearances have been far and few in between. He last won a major in 2019 at the Masters. The next tournament on his docket is unclear but he did participate in the PNC Championship and the Hero World Challenge late last year, sparking hope he will return, at least, to Augusta, in the spring.

Follow Fox News Digital’s sports coverage on X and subscribe to the Fox News Sports Huddle newsletter.