McIlroy to join world sport’s top earners with €15m-a-year Nike deal
Published 31/10/2012 | 05:00
Rory McIlroy is on the brink of becoming one of the top earners in world sport.
McIlroy's prospects of landing by far the biggest sponsorship deal ever accepted by an Irish sportsman took one giant step closer to reality yesterday when Titleist revealed they would not stand in the way of his departure.
So the 23-year-old Ulsterman now is certain to sign a new $20m-a-year deal (€15.4m) with Nike, which over the next 10 years is expected to yield well over $250m in bonuses and other spin-offs.
They are likely to include a share of the profits if, as is now customary with the megastars in their stable, Nike introduce a Rory McIlroy 'Collection'.
Nike's millions, McIlroy's other sponsorship contracts and the millions he already earns each year on the fairways should send his annual income rocketing to over the $35m (€27m) mark.
A joint-statement issued by Wally Uihlein, CEO of Titleist parent company Acushnet, and McIlroy revealed they would part amicably on December 31.
While McIlroy's management team must explore the implications for his other sponsors of Nike coming on board, he's now certain to have the 'swoosh' on his golf bag, clothing, cap, clubs and ball when the 2013 season dawns in January.