Report: Relativity Media Looking To Pay $200M Debt WPP Launches Sports Rights Unit Tom Condon Paved Way For Superagents Japanese Agency Acquires Stake In Athletes First Relativity Sports Reps Six NFL First-Rounders NFLPA Suspends Agent Marc Lillibridge CAA Sports Acquires Fermata MLBPA Finds No Evidence Of Foul Play By ACES Jeff Borris Withdraws Suit Against Agents NFL Agent Porter Agrees To Deferred Prosecution
Upcoming Conferences and Events
SBD/October 24, 2011/Labor and Agents
Rory McIlroy's Departure From ISM Described As A "Huge Blow" To The Agency
Published October 24, 2011
SOMETHING'S NOT RIGHT: YAHOO SPORTS' Jonathan Wall wrote, "There's clearly something going on within Chubby's stable of golfers." Ernie Els "departed ISM last month for ProsInc, and with McIlroy walking away, the group has now lost two of its biggest names" (SPORTS.YAHOO.com, 10/21). In Ireland, Dermot Gilleece wrote McIlroy has been "looking increasingly out of place in an organisation which seemed to thrive on a beer-swilling, big-spending image." Gilleece: "The challenge now for the Irish agency is to retain the intimacy which made it so appealing in the first place." One reason for McIlroy's departure "being floated in golf circles was that the Manchester company had become a victim of its own success" (Irish INDEPENDENT, 10/23). SI Golf+ contributor Stephanie Wei believes close friend Graeme McDowell, who is also repped by Horizon, "had a lot to do" with the move." Wei: "I've also sensed a bit of tension between Rory and [Westwood], even though Chubby claimed they were the best of friends." SI's Adam Shipnuck: "This is like early-period Tiger, when he fired a bunch of people before getting the business side of this career in order. It shows a certain ruthlessness by Rory, which is probably necessary" (GOLF.com, 10/23).
NOT QUITE GONE: In London, Oliver Brown noted McIlroy's "lucrative sponsorship deals negotiated during his four years at ISM run until 2015 and must continue to be honoured," and Horizon "cannot expect to start maximising their star client’s commercial value until 2016 at the earliest." Under the terms of his relationship with Santander, the Spanish bank "will continue paying ISM a share of to £1 million annually for the next four years." McIlroy's contract with Audemars Piguet, the "luxury watch manufacturer, runs until 2014, while his three-year deal with Dubai-based Jumeirah Group "was signed only last year." ISM also "brought in the sponsorship of Oakley, Footjoy and Titleist" (London TELEGRAPH, 10/23). Golf Channel’s Tim Rosaforte reported McIlroy "was not happy with his brand, his sponsors and/or his public relations." Rosaforte: "But if you look at him on-screen now, the guy looks like a NASCAR driver. He’s got logos head to foot. ... When you sign all those deals, there are obligations involved too. It’ll be interesting to see where all this goes from a brand standpoint” (“Morning Drive,” Golf Channel, 10/24). Meanwhile, in London, Derek Lawrenson wrote, "While Chandler licks his wounds, McIlroy's new manager, Conor Ridge, can reflect on the biggest coup imaginable" since he "set up his business five years ago when he poached Graeme McDowell from Chandler" (London DAILY MAIL, 10/22).