Oakley sues Rory McIlroy, Nike
By mustang6560 on 12/17/12
Rory McIlroy's rumored move from Titleist to Nike is just that — a rumor. Neither Rory nor Nike have confirmed the move, however, all of the signs support the purported $200+ million sponsorship deal including the most recent news out of Santa Ana, Ca. Oakley, the company that currently sponsors Rory's eyewear and apparel, is suing the Ulsterman and Nike for breach of contract.
According to a lawsuit filed Monday in federal court in Santa Ana, Calif., Oakley tried to use its "right of first refusal" to match the Nike offer, but McIlroy and his agent, Conor Ridge, ignored the counteroffer, thereby breaching the Oakley-McIlroy contract.

Oakley claims in its lawsuit that its contractual rights for McIlroy's endorsements of its eyewear and performance apparel would be 30 percent of the Nike package. If the reports in European golf publications of a $200 million deal with Nike are accurate, then Oakley offered about $60 million to continue its deal with McIlroy. No one involved in the dispute will confirm the magnitude of the Nike offer, and it is described in the court papers only as an offer of "$_M."
I find it difficult to believe that Rory and his management team didn't dot every 'i' and cross every 't' prior to penning the rumored Nike deal. It'll be interesting to see this play out over the next few days or weeks. Hopefully the lawsuit is settled before the Abu Dhabi HSBC Championship, which is Rory's first tournament of the new season in four weeks.


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Image via Flickr, Ed


[ comments ]
GolfSmith7 says:
Rory will be with Nike, at worst Nike will pony up so "doe" to Oakley.
12/17/12
 
Kurt the Knife says:
I find I can't give a sh** when I see so many of my patients don't eat.
12/17/12
 
legitimatebeef says:
I'm just a guy who enjoys playing a weekly round of golf. I don't give two shits about contract law, or the golf apparel industry. I am a fan of pro golf sure, but what they earn or don't earn off the course has no importance or even interest to me. I'm not even interested on a superficial, curiosity level. So why is this stuff being pushed in my face? As sports fans we waste enough time following the action that happens on the field. When we start wasting additional time wringing our hands over the details of so and so's latest contract, endorsement deals, etc, a line has been crossed. It's officially time to, as a popular phrase of the 80's and 90's goes, GET A LIFE!!!
12/17/12
 
bkuehn1952 says:
Beef, time for you to take your girl and head south for a week. The stress cracks are starting to show. ;)
12/17/12
 
Duke of Hazards says:
i'm just impressed that Nathan was able to wrangle a free photo that matched the article content.
12/17/12
 
mustang6560 says:
@Duke- Thank you for recognizing my effort :)
12/17/12
 
mmontisano says:
Beef, if you don't care, why did you read it and then proceed to comment? just seems like a waste just so you can say something negative about it.
12/17/12
 
legitimatebeef says:
I care enough to comment I guess.
12/17/12
 
[ post comment ]
 
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