Plans for Tiger Woods' Dubai golf resort scrapped

By Kyle Porter | Golf Writer

Tiger Woods will not be stamping his name on a golf resort in Dubai. (USATSI)
Tiger Woods will not be stamping his name on a golf resort in Dubai. (USATSI)

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Tiger Woods' struggles -- well, you call them "struggles," I say he's won four times this season and everybody is insane for torching him because he hasn't won a major in five years -- apparently extend to off-the-course ventures as well.

According to the Los Angeles Times, a planned Tiger Woods-designed golf resort in Dubai has been cancelled due to a downturn in the economy.

Here's what the Times article had to say about the project:

"The ambitious project, in conjunction with Dubai Properties Group, was to include a championship course surrounded by nearly 200 villas, mansions and palaces. A boutique hotel and golf academy were also in the works, with Woods reportedly paid $55 million to design and promote the resort."

The project was actually suspended in 2010 before finally being canceled this week.

Don't feel too bad for Woods, though -- he has plenty of other golf course projects in the works. Case in point:

And he made $78.1 million last year so, yeah.

For more golf news, rumors and analysis, follow @EyeOnGolf and @KylePorterCBS on Twitter or Google+ and like us on Facebook.

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