Tiger Woods has a brand new bag, but is sponsor FUSE Science really good business?

After losing numerous sponsors following his SUV-crash-multiple-affairs-rehab-divorce debacle of late 2009, Tiger Woods was reduced to lugging his clubs (well, his caddy was, anyway) in a bag adorned with his own logo, provided by Nike, which looks after the "TW" clothing and equipment brand. Prior to this, he had a bag deal with AT&T that was reported worth "millions." And before that, Woods bag deal was with General Motors; it brought in a reported $7.5 million per year.

A bag deal for the world's most famous golfer had been rumored since Woods returned to competition toward the end of this year. But Tiger formally rolled it out at his own tournament, the Chevron World Challenge, a limited-field event that he — Gasp! — won this past weekend, ending a two-year victory drought. However, the deal is weird. It's with a company called Double Eagle Holdings and its FUSE Science brand.

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