Tiger Woods, the top-ranked golfer in the world, announced on his Web site Friday that he would be taking an "indefinite break" from professional golf to focus on his family, the New York Times reported.
The announcement came after he crashed his SUV outside of his Florida home on Nov. 27, which led to a wave of reports of marital infidelities with multiple women.
In the announcement, Woods admitted to his infidelity, and said that he was aware of the pain and disappointment he had caused his family and his fans, the Wall Street Journal reported.
According to the New York Times, Woods' break from golf will deeply affect the sport of golf, as well his relations with sponsors and businesses, who pay him hundreds of millions of dollars a year to endorse their products and build their brands.
The announcement came after he crashed his SUV outside of his Florida home on Nov. 27, which led to a wave of reports of marital infidelities with multiple women.
In the announcement, Woods admitted to his infidelity, and said that he was aware of the pain and disappointment he had caused his family and his fans, the Wall Street Journal reported.
According to the New York Times, Woods' break from golf will deeply affect the sport of golf, as well his relations with sponsors and businesses, who pay him hundreds of millions of dollars a year to endorse their products and build their brands.
However, many of Woods' major sponsors, like Nike and EA, support Woods' decision and intend to continue business relationships, the Wall Street Journal reported.
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