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Knight: Nike's decision 'hard emotionally' for Tiger

It's been a month since Nike Golf announced its decision to "transition out" of the club making business, and already Tiger Woods and Rory McIlroy's homes are stocked with equipment from competing manufacturers.

While Nike intends to remain in the golf apparel and footwear business, there's at least one fewer club manufacturer in the industry, and the company's CEO thinks there should probably still "two or three too many."

In an interview with ESPN Radio's Mike & Mike on Thursday, Nike founder Phil Knight was asked what brought about Nike's decision.

"The decision was really a financial decision.