IMG Hires Ogilvy & Mather's Scott For New Role Executive Transactions IMG College Signs On With UNC-Asheville Rory, Tiger Promote New Nike Irons On "Tonight Show" Names In The News Devils Owners Top State's "Most Influential" List UFC Promotes Cook To Chief Global Officer Executive Transactions Names In The News Executive Transactions
Upcoming Conferences and Events
THIS MERCHANT OUT OF WOODS' BUSINESS
Published January 14, 1997
A "struggle for control of TIGER WOODS' charitable endeavors" has ended with EARL WOODS, Tiger's father, "firing" JOHN MERCHANT as Tiger's primary legal advisor, according to Adam Barr of GOLFWEEK. Earl Woods said the reason for the split was Merchant's role as Exec Dir of the National Minority Golf Foundation: "We felt it was in our best interests to have John pursue full time the NMGF, because he was getting stretched pretty thin. He was a full-time employee of ours, and yet, he was trying to get the NMGF started." Barr notes that members of the Woods family want to "channel" their charitable efforts into the newly formed Tiger Woods Foundation, and according to Barr, Merchant's relationship with the Woods' was dissolved "after a tense" December 10 business meeting where "tempers flared when Merchant expressed his opinion that Tiger and Nike Inc. ... were planning their own charitable agenda without involving Merchant and the National Minority Golf Foundation." Barr notes that Merchant said he has decided to resign his NMGF post (GOLFWEEK, 1/11 issue). TIGER NEWS & NOTES: Woods will play in the AT&T Pebble Beach National Pro-Am golf tournament later this month, and "Tin Cup" star KEVIN COSTNER will be his amateur partner, tournament Exec Dir Lou Russo confirmed yesterday (S.F. CHRONICLE, 1/14)....Amidst reports that Woods rebuffed a request from BOB HOPE to play in the Bob Hope Classic, Bob Hope Classic President Ernie Dunlevie said yesterday that Woods "absolutely did not blow us off. Bob did call Tiger. Tiger was very nice. Our tournament does not fit into his schedule." But IMG spokesperson Bev Norwood said that Woods never spoke to Hope (WASHINGTON POST, 1/14).