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He will also work with TaylorMade designers to create a personalized iron model, the brand said. Financial terms of the agreement were not disclosed. After several months of testing and all the brands to choose from, the choice is clearly @TaylorMadeGolf. Proud to join the family, Woods wrote . The deal is a major coup for TaylorMade amid an overall sales slowdown in the golf industry. Adidas executives have been openly shopping the brand to interested parties since at least mid-2016. "Our product teams at TaylorMade have a singular focus - to create the best performing golf equipment in the world. We are thrilled that Tiger has chosen to play TaylorMade. His impact on the game of golf is undeniable and we are honored to have him [as] part of our team, said David Abeles, CEO of the TaylorMade Golf Company. The agreement also marks the first time since 2002 that Woods formally agreed to use golf clubs manufactured by a brand other than Nike (NYSE:NKE), his longtime sponsor. Nike shuttered its golf equipment business last August and said it would no longer manufacture clubs, bags or golf balls.
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