Corporate sponsors, ailing because of sluggish sales and mounting debt, have either pulled out or are contemplating pulling out of some events in order to cut costs.
There are eight contests on the World Tour schedule but at least one — a prestigious event next winter at Sunset Beach on Oahu — has no sponsor and might be dropped. Roxy, which operates under the Quiksilver umbrella, was the title sponsor last year.
Also, Billabong reportedly is considering dropping sponsorship of one of two contests on the women’s schedule: the Billabong Girls Pro Rio.
At least two other contests are in jeopardy this year, so whoever wins the world title might do so on a severely diminished schedule.
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