Jumaat, 27 September 2013

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The Malaysian Insider :: Sports


McIlroy goes it alone after splitting from management firm

Posted: 27 Sep 2013 09:09 AM PDT

September 28, 2013

Rory McIlroy (pic) has set up his own company to run his business interests after terminating his contract with Dublin-based Horizon Sports Management, the golfer said on Friday.

Both McIlroy and Horizon have called in lawyers to try to settle details of an acrimonious split which comes only two years after they began working together.

The dispute follows a frustrating season when the 24-year-old from Northern Ireland has struggled for form after switching to clubs supplied by Nike in one of the biggest sponsorship deals in sport.

His new management company, Rory McIlroy Incorporated (RMI), will be headed by Donal Casey, an actuary who was already an adviser to the golfer.

His father Gerry will also be on the board of the company, with businessmen and family friend Barry Funston.

Neither side gave details of the reason for McIlroy's departure, the subject of media rumours for some months. McIlroy was believed to be unhappy with the commission that Horizon was charging for its services.

Horizon said it was disappointed that McIlroy was ending a contract that had a number of years left to run.

"Since October 2011, Horizon has achieved exceptional results for Rory in realising his commercial objectives," the company said in a statement.

"Under Horizon's management, Rory has signed some of the most lucrative endorsements in sports history."

McIlroy began the year as the hottest property in golf after signing a 10-year deal with Nike worth a reported $250 million (RM806.9 million) and moving to the top of the world rankings.

However, the double major winner has slipped to sixth in the standings after his winning touch deserted him.

He is following the example of Wimbledon champion Andy Murray by taking more direct control of his business interests.

Murray and his partners have set up a management company called 77 a reference to the numbers of years between Fred Perry winning Wimbledon and fellow Briton Murray claiming the title in July.  Reuters, September 28, 2013. 

Woods named PGA Tour player of the year

Posted: 27 Sep 2013 08:58 AM PDT

September 27, 2013

Tiger Woods (pic) was named on Friday as the PGA Tour's Player of the Year for a record 11th time with fellow-American Jordan Spieth voted rookie of the year.

Both awards were determined by votes cast by tour members who played in at least 12 official money events in 2013.

"Tiger's five wins came against some of the strongest fields in golf including the Players and two World Golf Championships, while Jordan's rookie season was historic in terms of his accomplishments for a player just 20 years old," said PGA Tour commissioner Tim Finchem in a statement.

"The member vote reflects the respect their peers have for both players."

Woods, 37, won five of his first 11 events in a spectacular start to the year, winning the Farmers Insurance Open, the WGC-Cadillac Championship, the Arnold Palmer Invitational, the Players Championship and the WGC-Bridgestone.

World number one Woods said winning the award remained a special achievement for him, especially as he has battled back from knee and back ailments to thrive once again on the tour.

"I've had to work my way back from injuries on numerous occasions throughout the years," Woods said. "These last couple years is no exception to that.

"There were a lot of people saying I could never win again, and two years later I've got eight wins on our tour. I'm very proud of where I've come from, from being ranked outside the top 50 to being ranked where I am now, and to have had the success that I've had this year just makes it all the more rewarding."

His 2013 ledger also included a second-place finish in the FedExCup series but was in some ways still disappointing to the American.

After his blazing start, a nagging back injury hampered Woods in the latter stages of a season in which he fell short of his goal of adding to his major championship haul of 14.

He tied for fourth at the Masters, finished tied for 32 at the US Open, tied for sixth at the British Open and shared 40th place in the PGA Championship.

Spieth began the year with no PGA Tour status yet entered 23 events and won the John Deere Classic, where at 19 years, 11 months and 18 days, he became the youngest player to win on the tour since 1931.

The former college standout at Texas, who began his run with the help of some sponsor exemptions, became the youngest player to reach the Tour Championship and finished second in that elite, season-ending event.

Spieth finished 10th on the money list at just under US$4 million (RM12.9 million) as he recorded nine top-10 finishes, tied for the most on tour, and was made a captain's pick for the 2013 Presidents Cup.

"I don't know if it's a pinch‑me moment yet. I think my mind is still really on next week," Spieth said about the upcoming Presidents Cup.

"I haven't really had time to sit back and think about it. But with no status was hard to expect or think about something like this happening.

"I have confidence in myself...to get the job done. Just the way the year ran, the way it happened, I feel very fortunate, very blessed. A lot of luck involved." – Reuters, September 27, 2013.

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