Chubby Gets Four Years Of Fees; Someone Else Gets To Make Flight Arrangements

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Oliver Brown explains that all of Rory McIlroy's significant deals are locked up until 2015, meaning some £10 million for ISM and not a lot of leeway for Rory's new management company. But they do get to start the website from scratch! And they get to deal with Yoko, err, Caroline.

Under the terms of his relationship with Santander, the Spanish bank will continue paying ISM a share of £1 million annually for the next four years.

Horizon, despite enjoying their extraordinary poaching of McIlroy from the organisation that nurtured him, cannot expect to start maximising their star client’s commercial value until 2016 at the earliest.

Despite the 22 year-old’s dramatic ditching of ISM, he remained commercially ‘locked in’ with the group, giving little scope for Horizon to negotiate major endorsements for the 22 year-old in the immediate future. His contract with Audemars Piguet, the luxury watch manufacturer, runs until 2014.