
Tiger Woods took the golf world by storm in 1997 with a win at the Masters Tournament. The win and a surge in interest in golf also paid off for Nike Inc (NYSE:NKE), one of Woods’ main sponsors over the years.
What Happened: Tiger Woods entered the 1997 Masters as the betting favorite with odds of +800. The pick of Woods to win came after he missed the cut in the 1996 Masters, his only cut to date in the prestigious tournament.