Sources say Gillette (PG) may renegotiate its corporate sponsorship of Tiger Woods. On Tuesday,...

|By:, SA News Editor

Sources say Gillette (PG) may renegotiate its corporate sponsorship of Tiger Woods. On Tuesday, Gatorade (PEP) dropped the golfer despite intense lobbying from his agent. Contrary to reports that the break was strictly about poor sales, a company insider says Gatorade seized on the scandal to break from a deal that had already gone bad. Nike (NKE) is said to be backing Tiger, but his deal with Accenture (ACN) is also thought to be on shaky ground.