Like many professional athletes , Tiger Woods has decided to move into the hospitality industry with a huge new restaurant set to be opened this year . But it appears to have already hit a speed bump , with project developer Nicholas Mastroianni revealing it can not be named 'Tiger Woods ' because Nike owns the rights to the golfer 's full name . He made the claims when asked in an interview about the Florida project 's clunky name - The Woods Jupiter : Sports and Dining Club . Tiger Woods is unable to name his restaurant after himself because Nike owns the rights to his name , the project developer has claimed . In an interview with Golf.com , he said he was told that 'Nike has the rights to the name Tiger Woods ' , adding that even gaining permission to use Woods ' name in a press release was 'over the top ' . However , Woods ' manager Mark Steinberg has contradicted the claims , saying Nike does not own the rights to his client 's name . He said : ' I ca n't imagine how this could have been communicated this way . It is wholly inaccurate and categorically false ' , golfchannel.com reported . 'Tiger owns his own name and always had . ' A Nike spokesperson supported this , denying the corporation owned the rights to the name Tiger Woods . Developer Allied Capital and Development of South Florida previously said the property is expected to be a 5,900-square-foot restaurant , likely to open in early 2015 . Woods said he envisions ' a place where people can meet friends , watch sports on TV and enjoy a great meal . ' I wanted to build it locally where I live and where it could help support the community . ' The restaurant will be located in a new shopping center development called Harbourside , which is set to open in full in October . The $ 150million development will feature an amphitheater , marina , restaurants and shops and Woods says he 's had his eyes on the property for two years . Mr Mastroianni said : ' I couldn ’ t be more excited to have Tiger ’ s new establishment operating within Harbourside Place , ' the Palm Beach Post reported . 'It ’ s gratifying to see the final stages met with support from local , national and international organizations such as Mr Woods . ' The amphitheater inside Harbourside , the Florida development which is set to house Tiger Woods ' new restaurant .
Restaurant developer claims they were unable to use golfer 's full name . Nicholas Mastroianni said it was due to Nike owning rights to Woods ' name . Score: 7