According to ESPN, the current contract Tiger has with Nike is supposed to end before 2014. Tiger expects to agree to a new contract between June 13-16, after the U.S Open ends.
The renewal could possibly rejuvenate his winning ways, since he tied for 65th at the Memorial Tournament. Tiger has been a loyal sponsor for Nike for at least a decade so it wouldn’t come as a surprise if he was for another decade.
Since Tiger became a pro in 1996, he established a partnership with Nike for a five-year deal for a reported $40 million. Various industry reports had his compensation at $100 million over five years starting in 2001.