Golfer Wie's agent resigns

The losses for Michelle Wie keep piling up even though her LPGA Tour season is over. The latest came Monday when her agent resigned after less than a year on the job.

Greg Nared, a former Nike business manager whom the William Morris Agency hired a year ago to manage Wie, resigned as vice president of golf. His announcement came one day after Wie finished 19th in a 20-player field at the Samsung World Championship.

"After careful consideration for my future, I have resigned effective immediately," Nared said in a statement e-mailed to The Associated Press. "I'm very grateful to the William Morris Agency for the opportunity to work with world-class athletes. It has been an invaluable experience and I'll forever cherish (it)."

Nared declined to elaborate when contacted before flying home to Oregon. Jill Smoller, to whom Nared reported at William Morris, did not immediately return a call.

"While we are sorry that Greg will no longer be handling the road management of Michelle, we wish to thank him for his work and wish him the best going forward," Jesse Derris, a spokesman for the Wie family, said in a statement. "The core group of agents handling Michelle's business relationships remains intact, as it has from day one of her professional career."