He has given generously to the various sporting bodies when other Bahamian owned companies have not been in a position to do so. Just ask King Eric Gibson.
Peter Nygard was one of the persons whom Gibson called upon to assist the organizers of the Grand Bahama Regatta and he came to their rescue.
Over the years, Nygard has even opened up his unique home in Lyford Cay to Bahamians of all walks of life to come in and dine with him as he makes a donation.
In these tough economic times when sponsors are few and far between, men like Nygard must be commended for the role they have played.
Sports such as athletics, boxing and volleyball have been in the forefront of Nygard's sponsorship. But there are so many other organisations that have also benefited.
But for sports to continue to grow in the future, it's going to take the support from sponsors like Nygard to make it happen.