AT&T Inc., whose logo was on Woods' bag, and Gatorade, which had created a Tiger Woods-brand drink, soon followed. Gillette and Tag Heuer de-emphasized him in their marketing.
According to Kantar Media, Woods appeared in about $700,000 worth of advertising through the first nine months of this year, all for EA Sports and Nike. In the same period a year ago, Woods appeared in $70 million worth of advertising on behalf of his sponsors.
"I knew there was going to be fallout. I'm not sure I looked at a list and went down every company. But I can't say I was terribly surprised, except by maybe one." Steinberg said.
Woods went more than four months between TV commercials before showing up in the black-and-white Nike ad featuring the voice of his late father, Earl, who says, "Tiger ... I want to find out what your thinking was. I want to find out what your feelings are. And did you learn anything?"
The ad may have only added to his woes, however, with many questioning its tastefulness. Nike later said the audio was from a 2004 documentary in which the elder Woods was comparing his parenting style with that of his wife.
"When a company takes on a sponsorship, they take on this person like you're friending someone on Facebook," said Laura Ries, president of Ries & Ries, an Atlanta-based marketing/consulting firm. "Who your friends are says a lot about you, and corporate sponsors really take that to heart."
Companies like Nike and EA Sports, whose ties to Woods were based on sport, not overall image, remained loyal, and those relationships provide a blueprint for future deals.
"Nike's brand equity is not really about sports or athletic performance ... but about the emotion of sports," said DeBiase, now chairman of Reboot Partners, a growth advisory consulting firm. "They sell what drives people to watch or participate — the fact that sports is the ultimate drama in which no one, not even the participants, knows the outcome.
"They are not standing by him as much as standing by his reality, delivering the drama that makes sports so compelling."
Woods still fascinates people.
Aside from a few snide comments, he's been greeted by supportive fans since he returned at the Masters in April. Based on the size of their galleries, only Phil Mickelson can rival Woods' star power. After Woods' posted his first Tweet on Nov. 17 — "What's up everyone. Finally decided to try out twitter!" — he added more than 40,000 new followers in three hours.
"I think I like this twitter thing," Woods said in his second tweet. "You guys are awesome. Thanks for all the love."
Overnight ratings for the final round of the U.S. Open, with Woods, Mickelson and Ernie Els in contention, were way up, 35 percent over 2009, when only the third round was completed at Bethpage Black on Sunday because of rain. Even the notoriously tough British press took it easy on him at the British Open and Ryder Cup.
Potential sponsors have taken note.
Though Steinberg did not give specifics, he said he is talking with an Asian company based outside of China about an endorsement deal. He also said Woods will have a new logo on his bag "at some point next year"; the Tiger Woods Foundation logo was on his bag at the HSBC Champions and Australian Masters.
"I feel pretty positive that we'll start to slowly build back his partnership base," Steinberg said.
Aside from repairing his image, Woods has another project — fixing his game.
He failed to win a single tournament for the first time in 15 seasons as a pro, and only once this year did he go into the weekend within three shots of the lead. He has gone 10 majors without a victory, matching the longest drought of his career.
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