Tiger Woods fires longtime Caddy Williams

Jul 20 2011-6: 21 pm | 6,139 Views | 0 Recommendations | Image by AFP/Getty Images via @ Daylife

The changes come for golfer Tiger Woods. In the last 18 months he has with his wife, marketing agency (IMG), several sponsors (AT & T, Accenture, Gillette and PepsiCo) and swing coach (Hank Haney) ways parted. A note will announce a new Caddy as Woods posted the latest change on his website that he would no longer work with Steve Williams.

"I would like to express my deepest gratitude for his help Stevie, but I think it's time for a change" Woods on his website published. "Stevie is an excellent caddie and a friend and was instrumental in many of my accomplishments." "I wish great success in the future him."

Golfer change caddies constantly as a thing are not good runs and things definitely not good for Woods on the course since his November 2009-car accident. His winless in 22 months and count. The move of Williams surprised although "this was of course as a shock", Williams said. "In view of the circumstances of the last 18 months to work through Tiger scandal, a new coach and thus a change of the great swing and Tiger fight due to injury, I am very disappointed to finish our very successful partnership at this time."

Do not cry for Williams but. The 12-year pairing with Woods became known very lucrative as Stevie the man. He led our 2007 view of the top earning caddies. Williams also snagged its own sponsorship deal with Valvoline its logo on his shirt sleeve during golf tournaments to wear. Woods gave Williams he received $140,000 Ford GT who for winning in the Doral in 2005. These are the kind of benefits, to see the some caddies.

Williams Tiger secrets could spill? Do not count on. Work to Williams in golf wants to keep and sell-off of the player, which for the loop, is a sure way to get blackballed from the sport. Williams already announced that he full time for Australian Adam Scott is caddying. A step of how Scott is currently no 17 in the world, place while, Woods is no. 20 and he obviously expected to continue, with injuries may drop.

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Tiger Woods caddie Steve Williams huts: A fair way, split or outside the borders?

Jul 21 2011-3: 19 pm | 3,657 Views | 0 Recommendations | Image by AFP/Getty Images via @ Daylife

Tiger Woods fired caddie Steve Williams after 12 years service and 13 main events together.

Shortly afterwards expressed Mr. Williams, surprise, disappointment and a feeling of betrayal.

Not surprisingly, sports talk radio is today morning now via abuzz with:

-? Has Tiger Stevie incorrectly

-Muss Stevie a right vent?

One thing is sure.  Mr. certainly not ditch-Digger is Williams (a must see Caddyshack reference).

This piece of Forbes 2007 the Caddy offers insight into the economy result. Caddies are over how well their players will pay: a basic salary of $1,000 a week, plus 5% of the Tournament purse, 7% of the top 10, and 10% for a victory.

Extract the specified prize money data from Tigers official website and focuses exclusively on the years, caddied by Mr. Williams for Mr. Woods, we derive the following:

-Tiger deserves more than 105 million prize money from 1999 to 2010;

-If Mr.. Williams only 10% per year on average, then acquired he same $ 10.5 million over this route.

So when Steve Williams says that his family in the last 18 months because of concerns the Tiger tortured have been, there is some lack of sympathy.

After all, is he not slouch itself (Yes, another shameless Caddyshack reference).

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Mr. Williams has for Adam Scott during the Tiger absence from the tour, something caddying, that he asked and received permission for.

If Tiger Mr. fired Williams of anger over a temporary move of the bag, is that kosher permission gave him after he, to do this?  If you are used to a particular result stream, and you cause a negative impact on this stream shock, not you can Williams guilt, difficult to do to eliminate something in the short term to the loss of potential profit or loss Mr..  Bills must still be paid.

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Farewell way is never easy, although sometimes comical displayed as this scene with Kevin Costner and Don Johnson of Tin Cup.

Tiger Woods made a very rich man, Steve Williams and perhaps the most famous athlete in New Zealand as one of the more recognizable caddies in men's professional golf.

Tiger clearly trying to exorcise his health and past cast out of demons.  And perhaps he considered absolutely necessary cleaning house (such as new coach, new marketing company, new caddie).

If Mr. really respect for Tiger had lost Williams after his return to the 2010 masters, he should have deleted his bag.

But it seems sure how it would have been a more elegant way to stop this professional relationship.

Unfortunately, not his predominant calling card for Tiger, class has been in the past 2 years.

We simply like to say, these guys a Fresca together soon is shared at any time not.

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Dr. Patrick Rishe is an associate professor of Economics at the Walker School of business at Webster University in St. Louis, as well as Director of sports impact.

Follow Patrick on Twitter @ SportsDocRock or visit www.patrickrishe.net

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