Sports: Auto Industry Crisis Costs Tiger Woods’ Cash; Judge Chastises Travis Henry For His Spending

November 25th, 2008

Tiger Woods

Auto industry crisis costs Tiger Woods’ cash. General Motors Corp. will end its nine-year endorsement relationship with golfer Tiger Woods in an effort to further reduce expenses as the company fights to survive financial devastation. GM announced Monday that it will no longer use the star athlete to endorse such products as the Buick, whose emblem Woods has carried on his golf bag. The deal was thought to be worth about $7 million. GM says Woods agreed with the parting of ways because it will let him spend more time with his growing family.


Judge chastises Travis Henry for his spending.  Former Denver Broncos player Travis Henry hopes a judge will change the $3,000 monthly payment order for one of his nine children. Henry, who’s not likely to play in the NFL again after he was charged with attempting to deal cocaine, says he’s unemployed and unable to kick out the cash for his son. “He’s got child support obligations across the country, and he’s got zero income,” lawyer Randall Kessler recently told a court. An earlier order from the judge observed that Henry spent $100,000 on a car and $146,000 for jewelry, and instructed him to establish a $250,000 trust fund. Henry’s appealing the order.

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Comments

trdellin Said on

I wouldn’t worry about Tiger. I’m sure he’ll be fine.



Sunshine Said on

What about the people who don’t have enough to pay their bills or feed their family? Who cares about Tiger losing millions to go with the millions that he already have. There are real issues and real people.



Rary Green Said on

I agree with Sunshine, who carea about Tiger Woods losing a few million, h**l, he still ani’t wanting for sh*t !! WTF And as far as Travis Henry, he needs to take care of his kids, he should have thought about that while he was making them. You didn’t seem to have a problem making them, so I don’t think you should have a problem taking care of them. They didn’t ask to come into the world, YOU made that move. Be a man & quit acting like some old bi**h !!!



Marge Temple Said on

If Tiger Woods hadn’t married that ‘white woman’ he would have more money. That was probably her ‘allowance’! An like it’s already said, “Who cares about Tiger Woods loosing $7 Million! He said he wasn’t Blacj anyway. What about all the starving people from Katrina and people loosing their jobs in general????????????



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