McIlroy on "markedly inferior" commercial terms to McDowell

Lawyers are in an Irish commercial court to battle on behalf of the World No.7

Charlie Lemay's picture
Tue, 24 Jun 2014
0

RORY MCILROY'S laywers have argued that the World No.7 was on “markedly inferior” commercial terms compared to his compatriot Graeme McDowell, in regards to their representation agreements with Horizon Sports Management.

The 25-year-old is suing former agent Conor Ridge who McIlroy states misled him into believing that he would be on a similar deal to McDowell, World No.22.

The laywers are battling it out in an Irish commercial court and the Nike deal is central to the debate. Thought to be worth around $200-$250m, the agreement is thought to entitle Horizon to a 20% fee of all McIlroy’s off-the-course income, which the golfer described as “unconscionable”.

McIlroy claims the deal was signed “in circumstances of great informality” at Horizon’s Christmas party in 2011.

Last year, the two-time major champion left the management group and set up his own company.  

 

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