• Rumours say Tiger Woods could be buying TaylorMade
• The equipment giant was put up for sale earlier this year
• Jason Day signed deals with Nike and TaylorMade this week
Rumours have surfaced on social media suggesting that 14-time major winner Tiger Woods could be set to buy TaylorMade.
The equipment giant, which has its headquarters in Carlsbad, California, was put up for sale earlier this year by parent organisation adidas Group, along with its sister golf brands, Adams and Ashworth.
The news of Tiger's reported interest was tweeted yesterday morning by Brendan James, editor of Golf Australia, and was then backed up by Rick Young, equipment and business analyst at SCOREGolf.
Read more -> adidas Group put TaylorMade up for sale
Best golf rumour ever. @TigerWoods will not only play @TaylorMadeGolf clubs in 2017 he is negotiating to buy the company. #STP #fanciful
— Brendan James (@BrendanJames2) September 15, 2016
Sitting down? Sources telling me @TigerWoods in serious negotiation to purchase @TaylorMadeGolf from @adidas AG .
— Rick Young (@RickSCOREGolf) September 15, 2016
This rumour comes six weeks after Nike Golf announced its exit from the golf equipment industry, choosing to focus solely on golf apparel and shoes going forward.
Earlier this week, it was revealed that Jason Day – a close friend of Tiger Woods – had signed a $10m deal to wear Nike apparel, shoes and cap, while also re-signing with TaylorMade to continue using their equipment.
Read more -> Twitter reacts to Nike news bombshell
TaylorMade was founded in 1979 and its initial success came with the innovation of metal drivers, which have subsequently dominated the golf market.
Salomon S.A. bought the company in 1984 before adidas acquired it in 1997. With a focus directed towards dominating the driver market, TaylorMade did just that in late 2005 when it officially became the No.1 driver in golf and, in 2006, the company reached its first billion dollars in revenue.
Tiger Woods :: Truth in the rumours?
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