Tiger Woods, who has been engulfed in public drama and disapproval since his November car accident, is reportedly causing financial damage to more people than himself. According to a new study reported by the University of California- Davis, Woods’ personal problems are having a negative impact on the companies that endorse him.

Two UC Davis economics professors analyzed stock market returns for 13 trading days following Woods’ infamous Florida crash. The professors found that Woods’ key endorsers have lost as much as $12 billion, a huge multiple compared to Woods’ annual endorsement contracts of $100 million. The largest losers in the Tiger Woods scandal are EA Sports, Gatorade, and Nike, his three largest sports related sponsors.

On the other hand, consulting firm Accenture has reported no revenue loss due to the Tiger Woods scandal. Various sponsors have acknowledged that they plan to stick with Tiger Woods as an endorser while others may cancel their contract.

Maybe woods can get a new contract from a phone company after all those text messages?

Meanwhile, sporterswriter, Furman Bisher is claiming that the real reason the worlds number one golfer has kept a low profile since the scandal broke is because he underwent reconstructive plastic surgery for his face, specifically a broken cheek bone, after being hit with a 9-iron by his wife Elin Nordegren! Bisher recounts the scene:

“At one point Tiger turned away to look at the TV, and as he turned back, Elin hit him on the right side of the face with the head of a 9-iron. When she struck Tiger, she put a huge gash in the right side of his face next to his nose (causing his nose to bruise some), and virtually knocking two of his upper teeth out, and breaking the bone on the upper right side.

Tiger ran scared as hell out of the house (which is why he had on no shoes) with Elin swinging the golf club throughout the hallway to the garage (i.e. causing the severe damage which has been reported).

Tiger hopped in the Escalade and tried to leave; and as we know Elin knocked out the windows in the Escalade. When Tiger crashed, Elin panicked and was not sure what to tell the police (which is why there are two conflicting stories from her).”

According to Perezhilton.com, Bisher has said that a trusted journalist colleague, who knows Tiger’s agent Mark Steinberg, gave him this information, but nobody has yet to confirm or deny its validity.

Bisher also claims that after Woods left the hospital, he was then flown to Phoenix for the plastic surgery and cosmetic dentistry procedures.

Has Tiger Woods Had Plastic Surgery?