McIlroy, Oakley announce settlement

Rory McIlroy during the final round of the 2013 Kolon Korea Open.

Rory McIlroy during the final round of the 2013 Kolon Korea Open.

Rory McIlroy and Oakley have settled their portion of a legal dispute regarding a claim the manufacturer brought against the golfer and Nike, the two sides said in a recent news statement.

Both sides cited an "excellent" relationship during the time Oakley worked with McIlroy under a sponsorship agreement and said they were pleased to have the matter resolved.

Pat McIlvain, vice president of Oakley Sports Marketing, said on behalf of the company that McIlroy "conducted all his engagements on our behalf with energy and professionalism. We recognize that, in his business dealings with us that were the subject matter of this dispute, Rory was represented by his agent."

McIlroy was represented by Horizon Sports Management when he signed with Nike last year; he also signed deals with Bose and Omega while represented by Horizon. McIlroy left Horizon to form his own management company earlier this year – and in October filed suit against Horizon.

Sunday's news statement made no mention of Nike, which signed McIlroy in 2012. It also made no direct mention of Horizon.

A spokesperson for Rory McIlroy Inc. could not confirm whether McIlroy had paid any compensation to Oakley, she told the Irish Golf Times, which also reported that Horizon is due to file court papers Tuesday in its dispute with McIlroy as part of a countersuit.

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