# Welcome to America Tiger, there' no limit to what you cans spend or as far in debt as you can get. **URL:** \ **Category:** The Game Room\ **Created:** [July 16, 2011, 5:22am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223 "2011-07-16T05:22:05Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![R.P.McMurphy](https://avatars.discourse-cdn.com/v4/letter/r/7993a0/32.png) [@R.P.McMurphy](https://boards.straightdope.com/u/R.P.McMurphy)\ **Post date:** [July 16, 2011, 5:22am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/1 "2011-07-16T05:22:05Z")
This article is amazing if you can follow the arithmetic; [http://finance.yahoo.com/banking-budgeting/article/113144/tiger-woods-running-out-of-money-fortune](http://finance.yahoo.com/banking-budgeting/article/113144/tiger-woods-running-out-of-money-fortune) It shows to go you. How could Michael Jackson have financial problems? How could Mike Tyson have financial problems? How could Kareem Abdul Jabbar have financial problems? But, this is America! Our own government is the biggest offender. I guess we can’t blame them for practicing what they were taught. Tiger: Put a little in the piggy-bank. Geez. ---
**Author:** ![crypto](https://avatars.discourse-cdn.com/v4/letter/c/b3f665/32.png) [@crypto](https://boards.straightdope.com/u/crypto)\ **Post date:** [July 16, 2011, 5:59am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/2 "2011-07-16T05:59:56Z")
I think this is Hilarious. Everyone around tiger thinks they will make a buck, so they are more than happy to loan him money. It is a study in economics and a microcosm of the perils of betting on futures. Nothing is a sure thing, even Tigers earning power. I for one would have never believed he could have fallen so far so fast, but that’s what happens when you spend money with reckless abandon, while behaving in a way that could jeopardize the whole house of cards. I would really like to see the numbers on how much each woman he slept with is going to ultimately end up costing him over the course of his life. That is some expensive sex. ---
**Author:** ![DKW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dkw/32/3118_2.png) [@DKW](https://boards.straightdope.com/u/DKW)\ **Post date:** [July 17, 2011, 1:54am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/3 "2011-07-17T01:54:47Z")
This reminds me of a point someone made in that Mike Tyson debt thread I made a while back. The one thing that _always_ leads to ruin is if the income is cut off or drastically reduced very suddenly. It happens to a lot of football players after their careers are cut short by injury, it happened to Mike Tyson when he went to prison, it happened to Michael Jackson after his last two albums flopped, and it, very predictably, happened to Tiger Woods once his world came crashing down in 2009. It’s quite simple: Income takes a dive, expenses don’t. Someone like Phil Mickelson doesn’t have to worry about this. Even though his game is declining, it’s a gradual process; he has plenty of time to start belt-tightening. Or, if he really has good sense, start saving money and working on his post-golf prospects right now. But I really, really, gotta ask this again…if you don’t want to have sex with the same woman your whole life, and you know this…well, not to burst your brain cells, but… **WHY THE BLOODY STINKIN’ RATFACED CORNHOLING HELL DID YOU GET MARRIED IN THE FIRST PLACE??** Hey, you know Derek Jeter? Never married, has probably slept with more women than Wilt Chamberlain (that lying toad)? He’s a _god_ in New York. Nobody whose opinion means crap would have ragged on you for staying single, and whatever ragging you would have gotten would’ve been about a millionth of what you got for, y’know, _cheating_. I mean, if you _must_ do it for whatever ridiculous personal reason, at least do a damn prenup. Entitle her to, say, a flat 10 million. That’s a sweet enough deal for her to go for it while still not leaving you 110% boned should you suffer a horrible lapse of judgment. Geez. On an unrelated note, who _are_ these rank suckers willing to give so much credit to Woods? Frankly, this strikes me as bass-ackwards. If you’re filthy rich, I want the full amount up front! It’s a better deal for you anyway, not having to worry about long-term debt or interest or all those other college subjects you’ve long since forgotten. ---
**Author:** ![Really\_Not\_All\_That\_Bright](https://avatars.discourse-cdn.com/v4/letter/r/e8c25b/32.png) [@Really\_Not\_All\_That\_Bright](https://boards.straightdope.com/u/Really_Not_All_That_Bright)\ **Post date:** [July 17, 2011, 5:36am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/4 "2011-07-17T05:36:46Z")
This is a bit of an overreaction. The article is mostly based on guesswork, and doesn’t take into account his course design and development income, which had begun to dwarf his sponsorship and prize money. ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [July 17, 2011, 5:53am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/5 "2011-07-17T05:53:10Z")
> [@DKW](#): > > On an unrelated note, who _are_ these rank suckers willing to give so much credit to Woods? Frankly, this strikes me as bass-ackwards. If you’re filthy rich, I want the full amount up front! It’s a better deal for you anyway, not having to worry about long-term debt or interest or all those other college subjects you’ve long since forgotten. Lots of people are happy to loan money to celebrities for sound financial reasons. The celebrity wants to spend his money now rather than wait until he gets paid. So I loan him ten million dollars and he agrees to pay me back fifteen million. And as long as I make sure I get my money from his endorsement deals or royalty payments or sports pensions or whatever before he gets his hands on it, I’m good. That’s what kills these guys. Most of them are still earning some good money. But all the money they’re bringing in is going to pay off the interest on loans they made years ago. ---
**Author:** ![Lamar\_Mundane](https://avatars.discourse-cdn.com/v4/letter/l/85f322/32.png) [@Lamar\_Mundane](https://boards.straightdope.com/u/Lamar_Mundane)\ **Post date:** [July 17, 2011, 7:00am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/6 "2011-07-17T07:00:27Z")
That article is a complete fantasy. Because he did one commercial in Japan, that means he is running out of money? The list of A-List stars who have done Japanese commercials is extensive, and includes some of the highest-paid movie stars like Brad Pitt, Leonardo DiCaprio, and Arnold Schwarzenneger. I’m quite sure he makes more in investment income than he spends in a year, not even counting his golf winnings, endorsements, and design fees. ---
**Author:** ![DigitalC](https://avatars.discourse-cdn.com/v4/letter/d/ebca7d/32.png) [@DigitalC](https://boards.straightdope.com/u/DigitalC)\ **Post date:** [July 17, 2011, 10:11am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/7 "2011-07-17T10:11:00Z")
> [@DKW](#): > > But I really, really, gotta ask this again…if you don’t want to have sex with the same woman your whole life, and you know this…well, not to burst your brain cells, but… **WHY THE BLOODY STINKIN’ RATFACED CORNHOLING HELL DID YOU GET MARRIED IN THE FIRST PLACE??** Because they don’t want HER to have sex with other men. It’s not about commitment, it’s about possession. ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [July 17, 2011, 3:06pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/8 "2011-07-17T15:06:12Z")
> [@DigitalC](#): > > Because they don’t want HER to have sex with other men. It’s not about commitment, it’s about possession. I don’t think that’s the reason in most situations. Most men who get married genuinely love their wives and want to stay married. But they also want to have sex with as many women as possible. Most men are able to figure out that you’ve got to pick one of these alternatives. (Or, more commonly, most men’s opportunities are limited.) But some men don’t see these desires as mutually exclusive - they figure you can be married and have sex with a lot of women. ---
**Author:** ![Lochdale](https://avatars.discourse-cdn.com/v4/letter/l/edb3f5/32.png) [@Lochdale](https://boards.straightdope.com/u/Lochdale)\ **Post date:** [July 17, 2011, 4:38pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/9 "2011-07-17T16:38:21Z")
> [@Little\_Nemo](#): > > Most men are able to figure out that you’ve got to pick one of these alternatives. (Or, more commonly, most men’s opportunities are limited.) But some men don’t see these desires as mutually exclusive - they figure you can be married and have sex with a lot of women. I love Dan Savage’s take on this. The article looks very thin on facts and I see Woods winning a lot more titles. Still, 500k in property tax…good grief! ---
**Author:** ![Mince](https://avatars.discourse-cdn.com/v4/letter/m/ecd19e/32.png) [@Mince](https://boards.straightdope.com/u/Mince)\ **Post date:** [July 17, 2011, 4:59pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/10 "2011-07-17T16:59:02Z")
> [@Really\_Not\_All\_That\_Bright](#): > > This is a bit of an overreaction. The article is mostly based on guesswork, and doesn’t take into account his course design and development income, which had begun to dwarf his sponsorship and prize money. And I question the meaning of “Tiger struggling.” What, he must now “survive” on mere millions a year instead of tens of millions? He’ll just have to trim his spending down to 2 houses and 5 cars a year. ---
**Author:** ![Simplicio](https://avatars.discourse-cdn.com/v4/letter/s/c37758/32.png) [@Simplicio](https://boards.straightdope.com/u/Simplicio)\ **Post date:** [July 17, 2011, 5:02pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/11 "2011-07-17T17:02:41Z")
> [@Lamar\_Mundane](#): > > That article is a complete fantasy. Because he did one commercial in Japan, that means he is running out of money? The list of A-List stars who have done Japanese commercials is extensive, and includes some of the highest-paid movie stars like Brad Pitt, Leonardo DiCaprio, and Arnold Schwarzenneger. > > I’m quite sure he makes more in investment income than he spends in a year, not even counting his golf winnings, endorsements, and design fees. Yea, even by the articles estimation, he’s still clearing 20 million this year, and they mention other estimations that are higher. Worse comes to worse, he’ll have to sell off his current mansion, and buy a slightly smaller mansion. Thats not exactly destitute. ---
**Author:** ![DigitalC](https://avatars.discourse-cdn.com/v4/letter/d/ebca7d/32.png) [@DigitalC](https://boards.straightdope.com/u/DigitalC)\ **Post date:** [July 17, 2011, 6:09pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/12 "2011-07-17T18:09:37Z")
> [@Lochdale](#): > > I love Dan Savage’s take on this. Which is? ---
**Author:** ![R.P.McMurphy](https://avatars.discourse-cdn.com/v4/letter/r/7993a0/32.png) [@R.P.McMurphy](https://boards.straightdope.com/u/R.P.McMurphy)\ **Post date:** [July 18, 2011, 12:00am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/13 "2011-07-18T00:00:30Z")
> [@Mince](#): > > And I question the meaning of “Tiger struggling.” What, he must now “survive” on mere millions a year instead of tens of millions? He’ll just have to trim his spending down to 2 houses and 5 cars a year. > [@Simplicio](#): > > Yea, even by the articles estimation, he’s still clearing 20 million this year, and they mention other estimations that are higher. > > Worse comes to worse, he’ll have to sell off his current mansion, and buy a slightly smaller mansion. Thats not exactly destitute. Things that will make a rich man poor: Fancy yachts, bets and jets, Racehorses and divorces. I don’t know if Tiger is a gambler or owns ponies but on the other three he is in eyeballs deep. I don’t think Tiger will miss any meals. With his name he can make a good living just playing rounds with wannabe big shots (if he can get his knee fixed). **Mods:** Sorry for the sloppy title. Feel free to clean it up. ---
**Author:** ![Mince](https://avatars.discourse-cdn.com/v4/letter/m/ecd19e/32.png) [@Mince](https://boards.straightdope.com/u/Mince)\ **Post date:** [July 18, 2011, 7:24am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/14 "2011-07-18T07:24:06Z")
> [@R.P.McMurphy](#): > > Things that will make a rich man poor: > > Fancy yachts, bets and jets, > > Racehorses and divorces. > > I don’t know if Tiger is a gambler or owns ponies but on the other three he is in eyeballs deep. > > I don’t think Tiger will miss any meals. With his name he can make a good living just playing rounds with wannabe big shots (if he can get his knee fixed). > **Mods:** Sorry for the sloppy title. Feel free to clean it up. Tiger still has significant earning potential. If he liquidated most of his assets, he could work of his debt just fine and live comfortably the rest of his life. ---
**Author:** ![DKW](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dkw/32/3118_2.png) [@DKW](https://boards.straightdope.com/u/DKW)\ **Post date:** [July 18, 2011, 8:16am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/15 "2011-07-18T08:16:22Z")
Yeah. The idea that he’s close to destitution sounds to me nothing more than wishful thinking. He hasn’t been falling _that_ long. Heck, look at how long it took Michael Jackson to hit rock bottom, and that’s with the Neverland Ranch reportedly eating up a million dollars _a day_. Adultery is unpleasant, but it’s not a crime against humanity; there will be new sponsors. Probably not nearly as generous, but definitely more than enough to stay afloat. Now, if he has any sense, he’ll start looking for a buyer for that big mansion right now. Ask anyone who’s been there, the mortgage is ALWAYS the big, big killer. That’s because if he misses even one payment, he loses the property _and_ getting jumping jack crap recompense for all the payments he’s made to date. Other than that, just get back on the course and bringing in purses as soon as reasonably possible and he’s golden. ---
**Author:** ![handsomeharry](https://avatars.discourse-cdn.com/v4/letter/h/e9c0ed/32.png) [@handsomeharry](https://boards.straightdope.com/u/handsomeharry)\ **Post date:** [July 27, 2011, 4:05am UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/16 "2011-07-27T04:05:39Z")
> [@DKW](#): > > Yeah. The idea that he’s close to destitution sounds to me nothing more than wishful thinking. He hasn’t been falling _that_ long. Heck, look at how long it took Michael Jackson to hit rock bottom, and that’s with the Neverland Ranch reportedly eating up a million dollars _a day_. Adultery is unpleasant, but it’s not a crime against humanity; there will be new sponsors. Probably not nearly as generous, but definitely more than enough to stay afloat. > > Now, if he has any sense, he’ll start looking for a buyer for that big mansion right now. Ask anyone who’s been there, the mortgage is ALWAYS the big, big killer. That’s because if he misses even one payment, he loses the property _and_ getting jumping jack crap recompense for all the payments he’s made to date. Other than that, just get back on the course and bringing in purses as soon as reasonably possible and he’s golden. This. The first tournament that he wins will herald his new nickname “The Comeback Kid.” Not to mention: Didn’t he get some outrageous amount of cash for that Japanese Commercial? Best wishes, hh ---
**Author:** ![notfrommensa](https://avatars.discourse-cdn.com/v4/letter/n/f14d63/32.png) [@notfrommensa](https://boards.straightdope.com/u/notfrommensa)\ **Post date:** [July 27, 2011, 1:51pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/17 "2011-07-27T13:51:13Z")
Yes he got an endorsement for some “BenGay” type Japanese Healing Balm. I believe that is his only new endorsement deal, post fire hydrant. Relatively speaking, I do not know how “outrageous” the money was. Rumors are that his agent is peddling an endorsement on his golf bag for $3 Million. and a a guarantee to show up at the sponsors tournament. So far, no takers, IIRC. ---
**Author:** ![astorian](https://avatars.discourse-cdn.com/v4/letter/a/ad7895/32.png) [@astorian](https://boards.straightdope.com/u/astorian)\ **Post date:** [July 27, 2011, 2:03pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/18 "2011-07-27T14:03:14Z")
> [@handsomeharry](#): > > This. The first tournament that he wins will herald his new nickname “The Comeback Kid.” There’s no question that this is true. And yet… What gets me is, the people who are sure Tiger is going to come back stronger than ever always act as if they’re boldly defying the conventional wisdom. I’ve lost track of how many commentators (Scott Van Pelt, Doug Gottlieb, e.g) and columnists have insisted “Tiger will win 20 more majors, and all you trillions of naysayers who say he’s washed up are just fueling his fire and making him hungrier to roar back and prove you wrong.” COULD TIger come back? Sure- but predicting he will doesn’t make anyone a bold iconoclast. On the contrary, practically EVERYBODY expects Tiger to come back better than ever any second now. EVERY time he makes a birdie, sportscaster gleefully proclaim “He’s baaaaaaack!” As far as I can tell, there AREN’T many naysayers in the media. Almost NOBODY in the media is saying “He’ll never be the best in the world again.” And frankly, more people SHOULD be starting to say that. “Tiger will be back better than ever” isn’t defying the conventional wisdom. It IS the conventional wisdom. And I think its wrong. Tiger Woods isn’t David, eager to knock off Goliath and prove his critics wrong. Tiger has always been Goliath! SOME athletes psych themselves up by saying “Nobody thinks I can win, nobody respects me, but I’ll show them!” Tiger Woods has NEVER been that type of guy. On the contrary, he’s always psyched himself up by saying “I’m waaaay better than all of you, and your best game won’t be good enough. if I play even decently, you have no chance.” He can’t do that any more, and the loss of that intimidation factor is HUGE. ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [July 27, 2011, 5:06pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/19 "2011-07-27T17:06:17Z")
Ask David Duval how easy it is to come back. But I do not think he will be broke. He was sports first billionaire after all. ---
**Author:** ![RealityChuck](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/realitychuck/32/195_2.png) [@RealityChuck](https://boards.straightdope.com/u/RealityChuck)\ **Post date:** [July 27, 2011, 6:22pm UTC](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223/20 "2011-07-27T18:22:11Z")
> [@astorian](#): > > There’s no question that this is true. And yet… > > What gets me is, the people who are sure Tiger is going to come back stronger than ever always act as if they’re boldly defying the conventional wisdom. I’ve lost track of how many commentators (Scott Van Pelt, Doug Gottlieb, e.g) and columnists have insisted “Tiger will win 20 more majors, and all you trillions of naysayers who say he’s washed up are just fueling his fire and making him hungrier to roar back and prove you wrong.” At the same time, it’s more likely that Woods will not come back. Oh, he may still win some tournaments, but no more than other good golfers on the tour. The scandal hit at about the age when most golfer’s skills start to deteriorate. He’s starting to knock on the door of 40 years old. Jack Nicklaus won only four of his majors after he turned 36; Tiger will be up to that age next year. Even if he gets back his game, it’s very unlikely to be at the level it was when he was ten years younger. [Next page](https://boards.straightdope.com/t/welcome-to-america-tiger-there-no-limit-to-what-you-cans-spend-or-as-far-in-debt-as-you-can-get/589223.md?page=2)