MusclePharm bags Tiger

|About: MusclePharm Corp. (MSLP)|By:, SA News Editor

MusclePharm (MSLP +7.4%) signs a multi-year endorsement deal with golfer Tiger Woods for the term July 1, 2014 - June 30, 2018. The deal includes the company name and logo on his golf bag, the right to use his name and likeness in advertisements and commercials and personal appearances.

Under the terms of the agreement, the company will pay Woods an annual cash retainer, $5M of MSLP stock and royalties on sales of all branded product.

The company's lineup of celebrity athlete endorsers also includes Arnold Schwarzenegger and football players Eric Decker and Colin Kaepernick.