Tiger Woods was paid $55.4 million by United Arab Emirates developer Tatweer to promote a golf resort project that was suspended last month, Arabian Business reported, citing documents seen by the magazine.
The potential value of agreements between the golfer’s company, Eldrick Tiger Woods, and the developer was $98.8 million, Arabian Business said. That included a fee of more than $14 million due within 10 days of Woods appearing at the official opening of Tiger Woods Dubai, according to the report.