Gatorade Ends Business with Tiger Woods

It's official, Gatorade just recently cut its endorsement ties with Tiger Woods.

"We no longer see a role for Tiger in our marketing efforts and have ended our relationship," a spokeswoman for Gatorade stated.

Right before the scandal emerged, the PepsiCo company decided that it would drop its "Tiger Focus" drink.

So far, Gatorade is the third sponsor to drop Woods since the media frenzy regarding Woods's affairs. Accenture PLC and AT&T also ended their sponsorship agreements with Woods. Despite these setbacks, so far Gillette and Tag Heuer have maintained their sponsorships with the world's best golfer.

Although Gatorade ended its business deals with the athlete, the company will not stop giving to his charity. "Our partnership with the Tiger Woods Foundation will continue. We wish him all the best."