Rory McIlroy reaches out of court settlement

McIlroy had labeled the contract he had signed with Horizon as “unconscionable.”

“The legal dispute between Rory McIlroy and Horizon Sports Management has been settled to the satisfaction of both parties who wish each other well for the future,” said a joint statement from McIlroy and Horizon.

McIlroy terminated his contract with Horizon in 2013 to set up his own company.

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CNN