Tiger Woods withdraws from tournament

As expected, professional golf star Tiger Woods is backing out of the upcoming Chevron World Challenge golf tournament. 

The cancellation comes after Woods had a suspicious car accident in which he crashed into a tree and a fire hydrant in his neighborhood. 

Woods released the following statement on his Web site.  “I am extremely disappointed that I will not be at my tournament this week,” Woods said. “I am certain it will be an outstanding event and I’m very sorry that I can’t be there.”

Despite the scandal that is brewing around Woods, he’s not in danger of losing his endorsement deal with Nike.  The company released a statement that said “Tiger and his family have Nike’s full support.  We respect Tiger’s request for privacy and our thoughts are with Tiger and his family at this time.”