Three Tiger Woods Sponsors Discussing His Endorsement Contracts, Source Says
Several of Tiger Woods' corporate sponsors, including Pepsi, Proctor and Gamble, and Gillette, are in meetings Friday discussing whether or not the golf pro's actions in his personal life violated the terms of his multi-million dollar deals, a source close to the situation tells FoxNews.com.
Reps for Pepsi, Gillette and Proctor and Gamble did not respond for comment.
However a rep for Nike told Foxnews.com that their involvement with Woods had not changed as a result of the growing saga.
"There is usually language in contracts that allow the contract to be voidable if contracted party is involved in situations that could be detrimental to the corporate image," explained Sports/Entertainment agent Mike Grippo.
The married golf pro has been romantically linked to a dozen or so women since bizarrely crashing his car outside his house Thanksgiving weekend.
In the wake of the cheating scandal, no Tiger Woods commercials have made the airwaves.
According to Nielsen Media, the last time a commercial featuring the athlete was a 30-second Gillette spot that appeared on Nov. 29 during NBC's "Football Night in America".
Since then, Woods hasn't been seen plugging a single product.
Earlier this week Gatorade announced that they were discontinuing their Tiger Woods sports drink, but they did not terminate their entire relationship with Woods, claiming the drink decision was made prior to reports of Woods' infidelities.