Rory McIlroy and his former management group, Horizon Sports Management, have reached a settlement to end their well-publicised court case.
McIlroy sued the company for "a multi-million euros dispute over fees," according to BBC News. He alleged that his best interests weren't being looked after in an "unconscionable" agreement, as reported by Ewan Murray of The Guardian.
Horizon counter-sued, "saying that McIlroy failed to pay a huge amount in commission," per Toby Keel of Eurosport. The period under dispute coincided with McIlroy signing a $100 million contract with Nike, as noted by the BBC.
As reported by Sky's David Blevins, the two parties have formed an agreement:
David Brown of The Times added further detail:
BBC Sport noted the potential fees involved:
Malachy Clerkin of the Irish Times noted how "typically relaxed" McIlroy looked during his appearance in court on Tuesday. Clerkin noted the Northern Irishman even quipped "What a disappointment" as he walked by the press box in a nod toward the lack of drama on show for headline writers.
Keel highlighted that McIlroy was in court for "just 42 seconds" during Tuesday's exchanges. BBC reporter Mark Simpson noted there was "no sign" of the golfer on Wednesday, perhaps underlining the formalities of the occasion.
McIlroy certainly didn't let the pressure get to him during the recent Omega Dubai Desert Classic. He eased to a three-shot victory to claim his first title of the year and will now look to strengthen his position with a memorable performance in February's Honda Classic tournament.
McIlroy has won four and finished second three times in his last seven outings, per BBC, so he has the confidence in a morale-boosting start to the season.